Barcelona set low asking price for Philippe Coutinho

Barcelona are reportedly willing to accept a reduced fee of around £70m in order to part ways with Philippe Coutinho during the summer transfer window.

The Brazil international has failed to live up to the high expectations since his move to Barcelona and is currently on a season-long loan with German giants Bayern Munich.

According to Evening Standard, Bayern have no plans of signing Coutinho on a permanent deal this summer despite the fact that he has contributed eight goals and six assists in the current league season.

The same outlet claims that the Blaugrana don't have any plans of keeping Coutinho on his return and they are prepared to cut their losses when the transfer window reopens.

Coutinho was purchased by the Spanish champions for an initial fee of £105m in January 2018 but the club are prepared to accept a lesser price of £70m to sanction his sale during the summer.

Chelsea and Manchester United have both been credited with an interest in the former Liverpool man. Jurgen Klopp's side have also been linked, though they have no plans of re-signing him.