Liverpool have reportedly given the green light for Philippe Coutinho to leave the club in January.

The Brazilian was pursued by Barcelona during the summer, but it is believed that the Reds rejected three bids from the Catalan giants.

Widespread reports have claimed that the highest offer was in excess of £100m, but the Merseyside outfit stood firm and kept hold of the playmaker, who signed a new long-term contract in January.

According to Mundo Deportivo, despite fending off interest from Barcelona in the summer, Liverpool have struck an agreement with Coutinho that will allow him to leave Anfield for the Spanish club if a 'reasonable' offer is put forward.

Following a bout of injury and illness, the 25-year-old has made six appearances in all competitions for the Reds and has scored three goals and produced one assist.