The Liverpool Echo says Barca have now given up on the Brazilian.
Three bids over the course of a month and a ton of pressure exerted on the Brazilian which led to him putting in a transfer request and pleading to be granted a move failed to break the Reds' resolve. Barca will have to spend the proceeds of the £200million sale of Neymar elsewhere.
The Anfield hierarchy had been bewildered by the structure of the proposed deal.
Fenway Sports Group's statement a week earlier that "no offers for Philippe will be considered and he will remain a member of Liverpool Football Club when the summer window closes" was unequivocal.
No sum of money would have prompted a change of heart.