Barcelona has reduced the price tag on midfielder, Coutinho to £44.5 million amid interest from Chelsea, according to Spanish newspaper, Sport.
Coutinho had drawn the interest of Chelsea in the past few weeks.
The Brazilian international joined Barcelona from Liverpool in 2018 for £142 million.
Coutinho is currently on loan at Bundesliga champions, Bayern Munich until the end of the season.
He is expected to leave Barcelona this summer after failing to find his top form at the Camp Nou for the past two years.
Coutinho, who turns 28 tomorrow, was initially valued between £72million to £81million.