Philippe Coutinho
Philippe Coutinho has agreed a new deal that will keep him at Liverpool until the summer of 2020Reuters

Liverpool midfielder Philippe Coutinho has reportedly agreed terms for a new deal that will keep him at Anfield until the summer of 2020.

According to Sky Sports, the Brazilian midfielder, who was signed for a reported £8.5m in 2013, will sign the deal in the coming days.

Coutinho has been one of the star players for Brendan Rodgers in the last couple of seasons and following a slow start to the season, the midfielder is now back to his impressive best and is running play for the Merseyside club.

He was impressive during Liverpool's victory over West Ham United on Saturday, providing assists for both the goals in a 2-0 victory over the Hammers.

These performances have led the Reds manager to label the Brazilian a "little magician" and he has also praised his bravery and courage during the game.

"Young Phil is performing at a real high level and it's great to see because he's a little magician with the ball. The rhythm of his game is good. His courage and bravery to get on the ball is fantastic," Rodgers said, as quoted by Sky Sports.

"If he can continue to improve – he can improve his goal-scoring ability – then he will get into that bracket of being world class," the former Swansea City manager added.

Rodgers is not worried about Coutinho's lack of goals and believes that as his game improves, he will get goals under his belt and has insisted that his main role is "elsewhere" in the team.

"He will be looking to improve the accuracy in his shooting. Sometimes you see him dragging the shot, but at the minute I don't have many complaints about him."

"Phil's numbers will improve but it's not the be all and end all if he doesn't get 20 goals. His functions are elsewhere in the team," the Northern Irishman explained.

The Mirror report suggests that the player's latest contract agreement will see him double his wage packet with the midfielder set to earn around £70,000-a-week for the next five years.