The newspaper claims that this is the second bid Liverpool has rejected after the Merseyside club already turned down an opening offer of £72 million from the La Liga giants. Jurgen Klopp believes he is an important part of the team, and the Liverpool brass are not letting him go without a fight.
Liverpool have reiterated their stance that Coutinho is not for sale and now consider the matter closed.
It is understood that manager Jurgen Klopp has insisted that the playmaker will not be sold this summer despite the heavy interest from the Spanish club.
Bellamy feels Coutinho would be ill-suited to filling Neymar's former role as a wide forward, and would be better waiting until Barca need to replace central midfielder Iniesta, possibly in 12 months' time.
'Liverpool is not a club that has to sell players. Their position is strengthened by the five-year contract Coutinho signed only last season.
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"Today no player on the planet is untouchable".
Liverpool and England legend, Steven Gerrard has said the only way Philippe Coutinho will swap the Anfield for Barcelona was to create "war". We're not a selling club so they're gonna do everything in their power for him to stay.
Liverpool have had no plans to meet Barcelona to discuss Coutinho's transfer. "But a transfer is also a question of timing".
Fans are wondering if they will see Coutinho turn out in red again - the 25-year-old is now nursing a back injury and will miss their Premier League opener with Watford.
However he has been registered to play in the club's squad for next week's Champions League qualifier with Hoffenheim.