The Brazilian is surplus to requirements at the Nou Camp and has been linked with several Premier League clubs.
Coutinho enjoyed a successful six-month loan under Mauricio Pochettino while he was manager of Espanyol in 2012, scoring five goals in 16 appearances.
It's understood few teams can afford Barca's £80m price tag they have put on the former Liverpool midfielder after they paid £142m in January 2018.
Coutinho's arrival at the Tottenham Hotspur stadium would add credence to reports that Manchester United are considering a late move for Christian Eriksen.
(Sky Sports)
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