Philippe Coutinho signs new Liverpool contract to remain with Reds on 'long-term' deal

Coutinho is understood to have agreed a contract extension until 2020

Philippe Coutinho has agreed a new contract with Liverpool (Twitter/@LFC)

Liverpool have confirmed that midfielder Philippe Coutinho has agreed a long-term contract with the club.

The club announced the news in an official statement on the club’s website, although they have not confirmed the length of contract that the Brazilian has committed his future to. It is understood that his new deal is a five-and-a-half year deal that runs until the summer of 2020.

Coutinho told Liverpoolfc.com: "I'm really happy. It's a dream come true playing for this great club and being part of this squad.

"Today I've committed my future to the club and for this I'm feeling very pleased.

"This club is great and the fans have always supported me, so I've been eager to sign this new deal since conversations started. Today is a very happy day."

He added: "It means so much. This club has given me the opportunity to play and believed in me even though I hadn't been playing regularly at my previous club.

"I've had a great reception since my first day here. As I always say, Liverpool is a big family and I'm a happy person here."

Coutinho joined Liverpool in 2013 (Getty Images)

The 22-year-old joined the Merseyside club in January 2013 from Inter Milan, and has already made 81 appearances for the club, scoring 10 goals along the way.