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Published 09:10 10 Mar 2022 GMT
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Members of the Villa hierarchy are happy to pay the transfer fee but know that they will have to convince the Brazilian to commit to a smaller pay packet.
One alternative that has been discussed is the option of extending the loan for another season before trying to sign the former Liverpool man on a free transfer.
Barça, however, would also have to agree to paying a large percentage of his salary if Coutinho was to extend his loan spell by a further year, before losing their record signing for free. It seems unlikely they would be keen to sign up for such a deal, but may not have a choice.
Coutinho's contract expires at Barcelona in the summer of 2023 and Gerrard is keen to have him involved in his squad at Villa Park as he prepares to try to target European football.25 is score to beat in this Premier League goalkeepers quiz
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