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Everton prepared to meet conditions to sign Barcelona star Philippe Coutinho

Everton are prepared to meet the demands to sign Barcelona playmaker Philippe Coutinho, a report from Sport claims.

The Brazil international is presently on a season-long loan at Bayern Munich where he has contributed nine goal and eight assists across all competitions.

The German champions have the option to sign him permanently for £97m at the end of the season but it is reported that they have decided against doing so.

Of late, Premier League side Chelsea have been touted as the favourites to sign the former Liverpool man but Sport reports that the Toffees have emerged as strong contenders for the playmaker.