Coutinho would likely arrive at Arsenal on loan, rather than on a permanent deal, as Barcelona still want £80 million for him - according to Mundo Deportivo.
Phillipe Coutinho could be returning to the Premier League after his agent Kia Joorabchian revealed a move back to England is "very much open".
The 28-year-old was sent on loan to Bayern Munich this season and initially got off to a promising start in Germany, only for injuries to keep him out of the side when Bundesliga football returned after the coronavirus pandemic in May.More news: Arsenal vs Chelsea: I don’t need a phone call from Abramovich - Lampard
"Philippe Coutinho will soon return from his loan at Bayern to Barcelona, but I doubt he can revive his career there", Rivaldo told Betfair. He adores playing in the Premier League and I think it's one of his priorities, but he's also not against staying in Barcelona so it's very open.
Providing an update, agent Kia Joorabchian said: "Because the Champions League runs until the 23 August, it's going to be very hard for players like Coutinho to make any commitments or moves before then".
Arteta has recently bemoaned the lack of creativity available to him at Arsenal, and Coutinho's arrival would surely help him in that regard for next season.
It's stated twice that Arsenal are the "best placed", and negotiations for the player's transfer continue.More news: Young Kids Could Spread COVID-19 as Much as Older Children, Adults
"Because the Champions League runs until 23 August, it's going to be very hard for players like Coutinho to make any commitments or moves before then", Joorabchian told talkSPORT.
'Because he has the Champions League at the moment, they have to qualify past Chelsea.
"It's no secret he wants to come back to the Premier League", Joorabchian was quoted as saying by talkSPORT.More news: Scientists revive 100-million-year-old deep-sea lifeforms