Reports on Tuesday suggested that the Spanish giants had ended their interest in the Brazilian playmaker.
However, according to 'Sky Sports', Barcelona are ready to test Liverpool's resolve once more with a bid of £101m up front and £37m in bonuses linked to Champions League appearances.
A source in Spain told the mentioned source, "Philippe has never been more determined to leave Liverpool.
"To suggest Barca are thinking of backing out and calling it a day, is absolute nonsense.
"They're all in now; their cards are on the table and they'll never give up the fight."