Paris Saint Germain have been linked with the Liverpool star, but Barcelona may be keen too.
The Brazilian midfielder was this week linked with a move to PSG, who are reportedly willing to pay as much as £46million for his signature.
According to the initial report, the Ligue 1 champions have already received positive responses from Coutinho’s representatives about a potential move although the Liverpool Echo says that they are yet to contact the Reds about the player.
However Liverpool would be loathe to lose one of their star players, especially given the upturn in form he showed under Jurgen Klopp.
Unfortunately for the Reds, it appears that they may have to fight off interest from more than one European giant for his signature with Barcelona also keen.
According to Le10Sport, the Catalans are looking to sign a player to support their front trio of Lionel Messi, Luis Suarez and Neymar and Coutinho could be the ‘lucky one’ that they move for.
The report fails to state how much they would be willing to pay for Coutinho, although it would surely be an expensive purchase.
Indeed, that fact alone could make a move unlikely given they need to improve other areas of their team this summer.