The “Little Magician” has cast his last spell at São Januário. Philippe Coutinho and Vasco da Gama have officially reached a mutual agreement to terminate his contract with immediate effect today, February 18, 2026.

The 33-year-old requested the termination despite the club’s recent efforts to renew his deal. The decision is being described as “irreversible” and marks a sudden end to his second chapter with his boyhood club.
Why the Sudden Exit?
- Mental Exhaustion: Coutinho reportedly informed the board and manager Fernando Diniz that he is “mentally exhausted.” He feels his cycle at the club reached a natural—and difficult—end following a recent run of poor results.
- Fan Tension: The breaking point came last week during a match against Volta Redonda. Despite his status as a club idol, Coutinho was booed by the home crowd for the first time since his return in 2024. The external pressure from the stands heavily influenced his decision to step away.
- Technical Decline: Since returning permanently from Aston Villa in 2025, Coutinho struggled to maintain the consistency of his European peak. In the early 2026 season, he managed 1 goal and 0 assists in 3 appearances, often looking despondent on the pitch.
What’s Next for Coutinho?
As a free agent, Coutinho is now free to sign with any club outside the transfer window.
- The Grêmio Link: Reports in Brazil suggest Grêmio are already evaluating a move for the veteran, hoping a change of scenery in Porto Alegre can revive his form.
- Retirement or Hiatus? Some sources close to the player suggest he may take a brief break from football to prioritize his mental health and spend time with his family before deciding on one final challenge.
“I have always given my all for this shirt. My bond with Vasco is love, and because I love this club, I believe stepping back now is the right move for everyone.” — Philippe Coutinho via Social Media
