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Barcelona sign Liverpool playmaker Philippe Coutinho for £142million

Philippe Coutinho will make his long-anticipated move to Barcelona from Liverpool for a British record fee worth up to £142million after a deal was agreed between the clubs.

The 25-year-old playmaker was the subject of a £118million bid from the Catalan club in August, an approach Liverpool rejected, but the Brazil international is now heading to the Nou Camp.

A statement published on Liverpool's website read: "Liverpool can confirm Philippe Coutinho will be leaving the club after a transfer agreement was reached with Barcelona, subject to medical and agreement of personal terms.

"The player now has permission to complete the usual formalities to conclude the transfer immediately.