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Barcelona have announced that Coutinho’s deal will run for five-and-a-half years, and his buy-out clause will be 400m euros (£354m).
The statement also said: “The Brazilian is a versatile presence in the squad as his technical ability and vision allow him to play in midfield. His attacking instincts also mean that he is equally at home in a more advanced role on the wing. Coutinho is quick and always willing to take on defenders and his nose for goal is undeniable as he scored 13 times for Liverpool last season.”