Luis Suarez has put pen to paper on a lucrative four-and-a-half year contract, making him the highest paid player in Liverpool's history.
The Uruguayan, who has scored a sensational 17 league goals in eleven appearances this season, was rumoured to be looking for a move to Real Madrid in January and tried to force his way out of Anfield in the summer - but has now committed his future to the Merseyside outfit.
He told the club's official website: "I am delighted to have agreed a new deal with Liverpool and have my future secured for the long term.
"We have some great players and the team is growing and improving all the time. I believe I can achieve the ambitions of winning trophies and playing at the very highest level with Liverpool. My aim is to help get us there as quickly as possible.
"Without doubt the backing I have received from the Liverpool fans has influenced my decision. I am so proud to represent them and go out to do my best for them every time I pull on the shirt.
"We have a special relationship; they have love for me and in return I love them back. I will always do my best for them and hopefully we can achieve success together."
Suarez is one of the hottest properties in world football at the moment. Since returning from his "biting ban" after his incident with Branislav Ivanovic in April, he has seemed to have turned over a new leaf and is doing what he does best; score goals by the sackload.
It seemed that Suarez was destined for a move to the Bernabeu; it was reported that he has dreamed of playing for Real Madrid for a long time and Madrid had made him their top target for January after a failed move for him in the summer.
Liverpool's title rivals Arsenal and the Spanish side both went after Suarez, with the Uruguayan trying to force himself out of the club. However, Brendan Rodgers remained stubborn and forced Suarez to train alone until eventually Suarez committed himself to the club after Arsenal refused to pay the requested £50m for him.
Suarez missed the first five games of the season due to his "biting ban" but since then has not looked back and his 17 league goals have fired Liverpool to second place and within two points of leaders Arsenal.
Liverpool's recent success, coupled with his playing the talisman role for the Anfield club, has changed Suarez's mind dramatically.
Liverpool manager Brendan Rodgers told the Liverpool official website: "This is fantastic news for everyone associated with the club; the team, the owners and most importantly the supporters.
"Luis is a world-class talent and securing his services is crucial for what we are trying to achieve here.
"What's most important and most exciting is that, at just 26 years old, his best years are still ahead of him and we now know we'll be seeing him reach that potential in a Liverpool shirt."
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