Catalan Giant, Barcelona Sign Philippe Coutinho from Liverpool for £142 million ($244m)

Barcelona FC have signed Liverpool star player Philippe Coutinho in the transfer of the club's record. UK mirror reports.

According to the report, the English club reached an agreement for Brazil for an initial fee of 120 million euros (106.4 million pounds), with an additional 40 million euros (35.5 million pounds) in supplements.
It is the second most expensive transfer of all time, after 198 million pounds that paid Paris Saint-Germain to Barcelona to Nyemar last summer, the highest amount of money received by the English club.

Coutinho will sign a five-year contract and Catalan giants are likely to give him an extension in the summer to ensure his contract does not expire in mid-season.

He was seen in London on Saturday preparing to travel to Barcelona and bond with his new club.

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