One would have thought that the move that suits all parties is one at the end of the season, but Coutinho seems determined to ditch the cold weather in England's north-west as soon as possible.
"FC Barcelona and Liverpool FC have reached an agreement for the transfer of Philippe Coutinho", a Barcelona statement said.
He has penned a five-and-a-half-year contract at the Nou Camp.
Liverpool have confirmed that Coutinho's move to Barcelona is subject to a "medical and agreement of personal terms".
"It is with great reluctance that we - as a team and club - prepare to say farewell to a good friend, a wonderful person and a fantastic player in Philippe Coutinho", Klopp told Liverpool's official website.
"The player now has permission to complete the usual formalities to conclude the transfer immediately".
However, Jurgen Klopp dug his heels in and refused to part with the former Inter Milan ace.
The move makes the Brazilian the most expensive player to ever move in or out of the Premier League.
"It is no secret that Philippe has wanted this move to happen since July, when Barcelona first made their interest known".
Liverpool rejected three offers from Barca for Coutinho in the previous transfer window - the last for £118m - and denied a transfer request from the player himself.
"We are focused on what we can have an influence on. It is clear there is a lot of excitement around".
"I have been here long enough now to know in the history of Liverpool, key players have left before - but the club always goes on".
"I have so much belief in the talent we have here already and even more faith, together with our owners, that we will make continued investment into the playing squad, which will allow more growth and more improvement".
The Brazil international has been a top target for the Catalans.
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