According to Spanish publication 'Sport', Liverpool have admitted defeat in their attempts to prevent the player from leaving after Barca made a fourth bid of €160m
Furthermore, the 'reds' have already started to negotiate a deal for Bayern Munich midfielder Renato Sanches, who will replace the Samba star in the Merseysiders' midfield.
The Portuguese youngster is out of favour in Bavaria and was not named in the squad for Bayern's victory over Werder Bremen on Saturday.
Coutinho's agents are now set to sit down with Liverpool's owners, Fenway Sports Group, in order to advance the move.
In the end, the pressure put on the club by the player has been a deciding factor, wearing down Liverpool's original 'not for sale' stance. Liverpool rejected three offers from the Spanish giants out of hand, but as we know only too well, player power is strong in this day and age and contracts are no longer worth the paper they are written on.
For their part, Barcelona have been true to their word as they promised to wait until the last second of the transfer market to seal a deal for the player. Should the rumoured €160m be the real fee, Coutinho will become Ernesto Valverde's side's record signing, surpassing the fee paid for Ousmane Demebele just days ago.
Coutinho's phantom injury
After Liverpool rejected Barca's first offer out of hand, the player is thought to have made his desire to make to move clear and said that he would not train until the situation was resolved.
Klopp responded to this issue diplomatically, telling the press that the 25-year-old was injured rather than publically shame the player as many managers would have done.
The player's 'injury' saw him miss Liverpool's Champions League play-off against Hoffenheim as well as the opening few games of the Premier League season, though he is expected to join up with Brazil for international duty next week.
Coutinho will play no part in Sunday's game against Arsenal at Anfield with it looking more and more like the player has played his last match for the club.
After a saga spanning almost and entire summer, it seems that Coutinho is set to become a Barcelona player after all.