After a woeful 2018/19 season with the Blaugrana, the Brazilian is off to Bayern Munich on an initial one-year loan.
Coutinho was dropped from Barca's squad to face Athletic Bilbao last night, with the German giants confirming the move in the aftermath of the game - which Ernesto Valverde's side lost 1-0.
He is expected to arrive in Bavaria on either Sunday or Monday to complete the formalities of the transfer and he could feature in Bayern's next Bundesliga outing against Schalke.
So how much will Coutinho cost Niko Kovac's team?
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According to Sport, they will pay €20m for the one-year loan and will hand the Brazilian a salary of €12m-per-annum.
Not a bad deal for a player of Coutinho's class, but if Bayern want to purchase the 27-year-old on a permanent basis, they will have to pay a €120m option-to-buy clause - which expires on June 30.
Add that to the loan fee and it totals €140m, almost an identical fee to what Barca initially paid Liverpool for Coutinho's services.
Bayern did consider a two-year loan, but didn't want that level of commitment as they assess the player's use to their squad.
A permanent move suddenly looks a lot less likely...
Next year, when the clause comes into play, Coutinho will be 28 and will likely be playing in another Copa America tournament with Brazil in the summer months.
He won't be a spring chicken and like Alexis Sanchez, he faces serious burnout with the workload of international football.
Unless he has the most remarkable debut season in the Bundesliga and helps deliver the Champions League, a full-time position at the Allianz Arena looks unlikely.
Do you think Coutinho will be a success at Bayern? Let us know your thoughts in the comment box below.News Now - Sport News