Liverpool forward Philippe Coutinho has signed a new five-year contract worth about £150,000 a week, making him the highest-paid player at the club.

The 24-year-old Brazil international joined the Reds from Inter Milan for £8.5m in January 2013, and his new deal will take him through to 2022.

Coutinho has scored 34 goals in 163 appearances for Liverpool.

Coutinho, who had been linked with a move to Spanish champions Barcelona, added: “I signed this new contract to stay here for a few more years because it’s a great honour for me.

“It gives me great happiness because I was welcomed here with open arms by everyone at the club and the supporters right from my first day.”

Coutinho was brought to Anfield by former manager Brendan Rodgers, with Southampton also interested in signing him at the time.

He has established himself as one of the Reds’ key players during his four years at Anfield.

Liverpool manager Jurgen Klopp believes his decision to sign a new long-term contract sends out a “big statement”.