Arsenal missed chance to sign €90m-rated La Liga forward this summer

Arsenal and Tottenham reportedly both snubbed the loan transfer of Philippe Coutinho this transfer window due to Blaugrana including a loan fee that was deemed too much. Blaugrana were commanding as much as a £30m fee only to take Brazil international for a single campaign.

Coutinho would likely have then cost an extra £10m on top of that in wages, with a £40m investment in an out-of-form attacker for only one campaign certainly looking too big a risk. Philippe shone in his first spell in the Premier League with Liverpool but has poorly gone downhill in his time as a Catalan club footballer.

Still, considering how much Spanish club invested in the 27-year-old forward, it’s not surprising that they’d want to make a decent amount from letting him go. Unfortunately, however, it’s cost him a come back to England, in what could have been an excellent move had it worked out for either Gunners or Spurs.

Last season Philippe played 54 matches, scored 11 goals and provided five assists in all competitions. He also helped Brazil to win the 2019 Copa America.  Coutinho has contracted with Barcelona until 2023, and his release clause is nearly €90m.

Arsenal, in particular, could have done with another forward, with Mesut Ozil far from at his best for some time now, while Alex Iwobi and Aaron Ramsey both left the London club. Tottenham could also have done with Brazilian star despite doubts over Christian Eriksen’s future, with the Danish attacker in the final year of his Spurs contract.