Soccer

Truth behind Barcelona’s Coutinho contract clause and ‘£17m Liverpool payment’

Liverpool will not receive any more money from the deal that took Philippe Coutinho to Barcelona in January 2018.

Coutinho moved to the Catalan side for £142million, but the lump sum wasn't paid all at once, and instead, Liverpool received instalments from Barca.

The Brazilian failed to capture the highs in Spain that he did on Merseyside, but he could be handed a second chance this season.

However, it has been reported in Spain that Liverpool were due an extra £17million once Coutinho had reached 100 games.

But, according to the Liverpool Echo, Liverpool received their final payment of £4.4million last August thanks to appearance-based milestones.

Liverpool were paid £4.4million for every 15 appearances Coutinho made for the Catalan side, ending after his 90th appearance.

The Reds also earned an additional £4.4million every time the Catalan giants reached the quarter-finals of the Champions League, earning them a further £8.8million.

Barcelona agreed to pay an initial £106m with a further £36m of add-ons.

The £36million worth of add-ons were received in full when Coutinho made his 90th appearance for Barcelona.

Was Coutinho right to leave Liverpool? Let us know in the comments section

However, confusion over the payments had arisen after a third part emerged.

Liverpool sold their debt off to a financial institution, and they received the cash, but the accounts still show that the debt.

"It is fairly common to have these things done in business," explained football finance expert Kieran Maguire to the Liverpool Echo.

"Barcelona still technically owe the money to Liverpool, that is why is shows up as such in the accounts.

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"But what happens is that the money is paid and Liverpool then send that on to the third party who has bought the debt.

"Liverpool have received all the money owed for Coutinho, but Barcelona have not yet paid it all."

Reds' Sporting Director Micheal Edwards also inserted a clause into the deal that prevented Barcelona from purchasing any more of Liverpool's players until 2020.

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