New Delhi: Barcelona's desperation to sign Philippe Coutinho has reached a point of no return, but Liverpool are ready yet to give up on their prized player.


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On Friday, according to reports in British media, the Anfield outfit has rejected a third bid of €125m (£114m) from Spanish giants for the Brazilian player.


Strangely enough, the latest rejection comes a day after Pep Segura, Barcelona’s manager of sport for football, claimed that deals for Coutinho and Borussia Dortmund's Ousmane Dembele ‘are very close.’


Barcelona are in a desperate hunt find a worthy replacement for Neymar, who left Camp Nou last month for French club Paris Saint-Germain in a world record transfer fee.


And many, including fans, believe that 25-year old former Inter Milan player can take Neymar's place.


Meanwhile, Reds manager Jurgen Klopp didn't utilise Coutinho's services in their season opener, citing a back injury. The Brazilian is also expected to miss their next match against Crystal Palace.