Liverpool are not interested in re-signing Coutinho, who they sold to Barcelona for a fee worth up to £142million in the January transfer window of 2018.
While Jurgen Klopp’s team have progressed since his departure, Coutinho has seen his career stall.
He was loaned to Bayern Munich last summer but the Bundesliga giants do not plan to take up their permanent option after a mixed spell.
According to 90min, Liverpool have first refusal on Coutinho but are highly unlikely to re-sign the Brazil international because they are not going to pursue big-money transfers in the next window.
That is a boost for Chelsea, who Express Sport understands are interested in bringing to Stamford Bridge.
Reports in Catalonia claim Chelsea are close to signing Coutinho.
Sport say the Blues are locked in talks with Barcelona but the two clubs remain split over a price.
Barcelona head coach Quique Setien would like to give Coutinho a chance to prove himself but admits the club will sell if they receive an acceptable offer.
“Coutinho is a great player and I like him a lot,” Setien said.
“He is a player who is from Barcelona, for him to come out they would have to pay the clause or pay an amount that might be of interest.
“I am counting on him being a player who can be here at the beginning of next season.
“I don’t know what he wants to do, maybe I have to talk to him to ask him.
“He is a great player without a doubt.”
Source: News update