Liverpool have agreed a £142m deal with Barcelona for Brazil midfielder Philippe Coutinho. This will be the second most expensive completed transfer of all time.
Reports say the player is expected to fly out in time to be at Barcelona’s match with Levante on Sunday afternoon. Coutinho did not join his Liverpool team-mates as they flew to Dubai on Saturday and has been adamant that he did not wish to play again for the Anfield club.
Barcelona have put together a package worth a basic fee of £106m, plus a further £36m in variables of which £26m should be easily met.
After the £105m basic, an additional £17m would be payable for the first 100 games Coutinho plays for Barcelona, £4.4m per 25 games.
A further £4.4m would be paid for Champions League qualification in the first two seasons with a £4.4m bonus for winning the competition.
The deal is a five and a half year package worth £12.1m per season.