By Alex Stevens

The subject of a buy-out clause is set to be raised in future contract talks between Liverpool and Philippe Coutinho, according to a report.

The Times claim there are no plans in place for Liverpool to rip up the Brazilian playmaker’s contract, which was signed 18 months ago.

But it is said that Coutinho’s eye-catching displays will be recognised should he maintain his current high standards, in line with the club’s policy of rewarding their star players.

The Times claim there is no buy-out clause in the 24-year-old’s current deal, which means Liverpool are in a powerful position to retain their influential No10 next summer amid speculation of growing interest from Barcelona.

Nevertheless, the subject of a release clause is likely to be on the agenda when Coutinho’s agent Kia Joorabchian holds fresh talks about the player’s future with new sporting director Michael Edwards.

The front page of Catalan paper SPORT on Friday carried the headline ‘Objetivo Coutinho’ and suggested that the Liverpool ace, 24, was Barcelona’s No 1 summer target.

Spanish newspaper Sport splashed an image of the Brazilian on their front page and claimed the Spanish giants are preparing a whopping £65million bid in an attempt to lure him to the club.

The report came immediately after Coutinho’s stunning performance for Brazil against Argentina on Thursday night when he scored a wonder goal in his side’s 3-0 triumph.

Coutinho celebrated the goal on Instagram after the game by posting an image of himself and Neymar.

Desde menó ✌🏽️🇧🇷😄

A photo posted by Philippe Coutinho (@phil.coutinho) on

It is believed his friendship with compatriot Neymar could be the key to luring him to the Nou Camp.

The Barcelona sensation also added to a public courtship in the aftermath of Brazil’s 3-0 win over Argentina on Thursday by claiming he and Coutinho are “made to play with each other”.

The Liverpool ace has been instrumental in his side’s ascent to the Premier League summit and has already scored five goals and notched up five assists in the competition this season, as well as producing a series of dazzling individual displays.

In other Liverpool news, an attacking midfielder from the club is facing two months on the sidelines with a fracture.