Liverpool have announced that Philippe Coutinho has signed a new long term deal to stay at the Premier League club, reports the club's official site.
The Brazilian playmaker arrived at Merseyside from Inter Milan in January 2013 and has since scored ten goals in 81 appearances for the Reds. The deal keeps Coutinho at Anfield until 2020.
Speaking to the clubs official website, he said: "I'm really happy. It's a dream come true playing for this great club and being part of this squad. Today I've committed my future to the club and for this I'm feeling very pleased.
"This club is great and the fans have always supported me, so I've been eager to sign this new deal since conversations started. Today is a very happy day."
Coutinho has emerged as one of the few bright sparks for Liverpool who have endured a difficult campaign, although recent form has picked up and Daniel Sturridge has returned to the fold.
Manager Brendan Rodgers is delighted to have tied up Coutinho for the foreseeable future. He said "He arrived as a young man, in a country he'd never lived in before and joined a club where expectations are high. He has shown a willingness to listen, learn and improve.
"It is my hope now that he continues with his improvement and development and becomes a figurehead for this exciting, vibrant, youthful squad of players, as we look to grow as a group and achieve success together."
Liverpool fans will be waiting on Raheem Sterling to be the next player to commit his future to the club.