Liverpool have reportedly begun negotiations over a new long-term contract for Brazil international star Philippe Coutinho, according to the Liverpool Echo.
The Premier League side, who have dropped down to fourth in the league table following Saturday’s shock 3-2 home defeat to the hands of Swansea City, are ready to reward their central midfielder with a new deal following his impressive form so far this season.
The 24-year-old, who has 23 international caps for his country, has scored six goals and provided seven assists in 18 appearances in all competitions for The Reds this campaign.
Coutinho, who arrived at Anfield back in January 2013 following his reported £8.5m switch from Serie A side Inter Milan, has gone on to net 34 times in 163 games overall for Liverpool.
The Brazilian, who is a reported transfer target for La Liga giants FC Barcelona, is contracted on Merseyside until 2020, though any new deal is unlikely to include a buyout clause for the player.