Despite the fact that the midfielder signed a new five-year deal with the club back in November, the Blaugrana believed they could tempt him to the Nou Camp after they lost Neymar in a £197m deal to Paris Saint-Germain.
But, the Spanish giants were not prepared for the firm stance taken by Liverpool's owners, FSG, as they rejected everything they had to throw at them.
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In total, the Reds rejected three bids for Coutinho, with the final one rumoured to be worth around £114m, however, much of the fee was labelled as 'add-ons'.
The 25-year-old made it clear he wanted to join and even handed in a transfer request, but after Liverpool secured Champions League football last season, they were determined not to offload their finest player.
So, it seems as if Coutinho will be staying put at Anfield, with a return to the first team likely to occur after the international break.
The Brazilian has not featured in a competitive environment so far in 2017/18, however, it seems that we will see him in the Premier League once again after some latest revelations.
According to the Independent, Coutinho and his team are now prepared to sit down with Liverpool and 'clear the air' following the heated saga.
People within his entourage are even pointing the finger at Barcelona for manipulating the midfielder and say that his emailed transfer request was their idea.
They now just want the two parties to resume their past relationship, something which, in the end, should please Liverpool fans.
At first, they have every right to be angry with Coutinho's actions but once he returns and starts pulling the strings for the Reds, all will be forgiven.
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