The Reds boss has said that the "timing" of Coutinho's request to leave Liverpool makes it even more out of the question, adding that it's impossible to put a price on the Brazil worldwide because it's too late in the window to try to replace him.
Manager Jurgen Klopp has strenuously denied any suggestions of an agreement between Liverpool and Barcelona throughout, but the statement by owners FSG is the strongest indication yet of how keen the club are to keep Coutinho. The request was immediately turned down.
Liverpool boss Jurgen Klopp is now short of another midfielder, with Adam Lallana out injured for three months and now Coutinho unsettled.
"When FSG say something like this it is 100 per cent clear. The only thing I can say about this is that in life everything is about timing - whichever club asks early enough". "And that is the way it will go".
But Liverpool's strong stance will prevent it from being Coutinho, which will come as a relief to Klopp. It's just that Phil is not available at the moment and, for me, actually the bigger issue is that he is unable to play.
New mother sues hospital after suffocating baby
The baby was transferred to Randall Children's Hospital at Legacy Emanuel Medical Center in Portland and put on life support. The doctors seeing to the baby determined he was both "severely and permanently" brain damaged.
And Fenway Sports Group (FSG) released a statement on Friday morning claiming he will stay put.
'It's hard now as he doesn't want to be there - Liverpool is one of the biggest clubs in the world but he doesn't want to be there.
Barca are expected to continue their pursuit of Coutinho, but Liverpool's refusal to negotiate has forced the Catalans to look elsewhere, with Eriksen reportedly on their radar. I can not buy a player just to have a player.
Coutinho signed a new five-year deal with the Merseyside club in January that did not include a buy-out clause. I understand that a third Barcelona bid is now imminent and they are set to offer in excess of £100million over the weekend.
But Coutinho will be missing from the Watford match with a back problem that could also rule him out of the first leg of the Champions League play-off away to German club Hoffenheim on Tuesday.
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