Coutinho is being unveiled today after Barcelona agreed to pay Liverpool £142m.

Coutinho signs a five-and-a-half year deal at the Nou Camp after jetting in on Saturday evening.

He becomes the second-most expensive player of all time and the most in a transfer involving an English club.

Coutinho underwent his two medicals in Barcelona this morning and has now signed on the dotted line.

He spoke of his pride earlier today when talking to Barcelona TV.

"I'm very happy, very happy," Coutinho, who watched Barcelona's 3-0 league victory over Levante on Sunday at the Nou Camp, told Barca TV.

"I have always said that it is a dream that I am living and I am very happy to be here.

"To be able to play, win titles, make the fans happy... always play with joy. It is incredible to know that I am going to live with idols, players with a lot of history.

"Footballers like Leo Messi, Luis Suarez, (Andres) Iniesta, (Gerard) Pique, (Sergio) Busquets. I am very happy to be able to live together, to be able to learn from them and be able to win together."

The transfer is finally complete after months of negotiations and three failed bids in the summer.

Coutinho has finally realised his dream of playing for Barcelona.

His debut however will have to wait after it was confirmed he will be out injured for around 20 days.

Despite the injury he passed his medical with no problem and has now signed the contract.

He joins Barcelona in rampant form as they top La Liga and now lead rivals Real Madrid by 16 points.

Josep Maria Bartomeu revealed an insight into the deal.

"We’ve been working for months on this,” he said. 

“But one of the important aspects was that he [Coutinho] wanted to come here. He made an effort, he was patient and that was a determining factor in bringing him here.

"Everybody knows him as a player, we know about his professional career, but what I can say is that it wasn’t easy to bring him here. He wanted to be here and he’s part of this new project with [Ernesto] Valverde.

"I want to thank Liverpool, one of Europe’s biggest clubs, for allowing him to leave."