Liverpool are reportedly contemplating the possibility of cashing in on Brazilian playmaker Philippe Coutinho if Barcelona make a fresh approach in January.

The Reds knocked back three separate bids from the Catalan giants during the summer, the largest of which - made late in the window - totalled £114m.

Liverpool took a firm not-for-sale stance throughout the off-season, stressing that they would not offload Coutinho no matter how much was offered, despite the player handing in a transfer request to force a move.

Spanish outlet Sport claims that the Merseyside outfit are not totally against selling in the New Year, though, with the 25-year-old still desperate to complete a switch over the next 10 months.

Coutinho has slowly been integrated back into the Liverpool side since returning from a minor back injury earlier this month, scoring one and setting up another in the 3-2 win over Leicester City at the weekend.