Spanish outlet Sport have provided an update regarding Aston Villa loanee Philippe Coutinho.

Steven Gerrard is gearing up for his first full season in charge at Villa Park, with a summer shake-up seemingly on the cards.

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Reports over recent days have claimed that Villa are set to offload both Morgan Sanson and Anwar El Ghazi in the summer, and there have also been plenty of rumours when it comes to incomings.

Villa are believed to be readying a £60m offer for Leeds United midfielder Kalvin Phillips and also have their eye on Newcastle United forward Allan Saint-Maximin, who is valued at around £50m.

NSWE may well splash the cash over the coming months, including on Coutinho, who joined from Barcelona in January with an option to make the move permanently this summer.

The Latest: Coutinho update

Sport Witness relayed an update from Sport regarding the 29-year-old on Tuesday morning.

They claimed that Villa are ‘very satisfied’ when it comes to the Brazilian, and that financially the Midlands club will have no problems in meeting the €40m (£33.4m) option agreement.

The Verdict: Now for a salary agreement…

There had been talk that Newcastle were looking to land Coutinho, but it’s good to know that Villa chiefs are happy over paying a big-money fee.

All that needs to happen now is for there to be an agreement when it comes to a full-time Villa contract. The playmaker has proven his quality back in the Premier League with seven goal involvements in 11 Villa appearances, but the elephant in the room could be his salary.

Coutinho is currently on 65% of his £300,000-a-week contract, so you’d expect that he may need to take a pay cut in order to sign permanently in the Midlands.

In other news: Newcastle now keen on signing another Villa player as advanced update emerges