Philippe Coutinho insists Liverpool have outside chance of winning Premier League title this season

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The Brazilian believes that the Reds are in a great position to be lifting silverware this term.

Philippe Coutinho believes Liverpool are capable of mounting a serious Premier League title challenge this season, according to the Daily Mirror.

The Reds will go into the new year preparing to battle in four different competitions and the Brazilian play-maker is backing his side to be strong enough to compete on every front.

"We're in a very good position. It's the goal of everyone involved, we're all focused on fighting for the trophies and I think we have a great chance in the competitions we're in this year," he said, as reported in the Mirror.

"We're going to fight for that and I hope we win a trophy this year."

Sunday's humbling defeat to Watford has left Jurgen Klopp's men down in ninth in the top flight, 14 points off the lead. However, if any manager is capable of convincing the players that they can go on the kind of run that will put them back in the title race, it is the enigmatic German. 

With this season already threatening to be the most unpredictable campaign of the Premier League era - with relegation candidates Leicester City leading the way while champions Chelsea remain in the bottom half - it would not be uncharacteristic for a team to make a surge from mid-table to put themselves well into the title picture.

While competing on four fronts may stretch the squad too much, it also has the potential to allow the side more opportunities to put together the kind of winning run that may hugely benefit their hopes of moving up the league table, and perhaps prove that many people wrote Liverpool off too soon.

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