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WATCH: Philippe Coutinho signs new Liverpool deal

Liverpool - Philippe Coutinho has signed a new five-year contract at Liverpool that will see him remain at the club for the foreseeable futeure amid increasing interest from Barcelona.

Coutinho shared his delight at committing his future to Liverpool saying that he and his family loved life on Merseyside and that he wished to remain at the club for many years.

Recent reports suggested that the English Premier League side had recently opened up negotiations with the Brazilian over a new long-term contract.

Coutinho's previous contract with the Anfield club - signed in 2015 - ran until 2020, but the Reds were keen on tying down the 24-year-old on a new deal, with the new deal to begin on July 1, 2017.

Coutinho has been in fine form for the Merseysiders so far this season, but only returned to the Reds squad last week after missing seven weeks with an ankle injury.

Amidst rumours of an incoming bid from Barcelona, the Liverpool Echo reported that the club opened up negotiations with the influential play-maker.

"I feel happy, settled and comfortable here with the city and the people," Coutinho said in a recent interview with the Echo.

"Liverpool feels like my home."

Coutinho has 34 goals in 163 appearances for the Reds since making a £8.5million move from Inter Milan in January 2013.

The Reds were confident that the Brazilian midfielder would sign a new deal at the club with talks progressing well between sporting director Martin Edwards and Coutinho's representatives with no release clause to be included in the new contract.

Liverpool were also given a boost that Coutinho should be fit for Wednesday's return leg of the League Cup semi-final against Southampton at Anfield after passing a late fitness test.

Kick off is at 22:00.

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