Barcelona are preparing a £138m bid for Philippe Coutinho

That’s according to Spanish football expert Guillem Balague who says the Catalan giants feel obliged to submit another bid after seeing three knocked back.

Liverpool have been adamant that Coutinho will not be leaving this summer and have rejected sizeable offers with the highest worth £118m.

The Brazilian has submitted a transfer request to try and force a move to the Nou Camp.

And after he attempted to push the issue Barcelona feel as if they owe it to the player to try again with a deal worth £101.5m up front and another £36.9m in add-ons.

Balague tweeted: “The offer FCB is preparing of €150 (£138.4m) (€110m [£101.5m €40m [£36.9m]) for Coutinho is because they feel morally obliged after his transfer request, but…

“FCB pessimistic about Coutinho / [Ousmane] Dembele, looking for others.

“LFC insist they will reject fourth offer (if & when), their stance is ‘definitive’.

“FCB will offer same amount (€110-40) for Dembele.

“But Dortmund want a bigger fixed sum.”

Former Liverpool midfielder Danny Murphy is sure Coutinho will leave before the window closes.

But it’s not all bad news for the Kop and he’s also tipped Virgil van Dijk to join from Southampton.

He said: “Southampton are doing what Liverpool are doing with Barcelona.

“That's just the way the world is with football.

“It'll happen, I think they'll both happen.”