Liverpool target signs new contract

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Liverpool's interest in Atletico Madrid striker Diego Costa has been ended after the Brazilian reportedly pledged his future by agreeing a new contract with the Spanish club.

According to Madrid newspaper Marca, the Brazilian forward has reached a verbal agreement with Atletico regarding an extension to his current deal, which is set to expire in the summer of 2015.

Costa's future at the Vicente Calderon had appeared in doubt following the summer acquisitions of David Villa and Leo Baptistao, but the 24-year-old remains part of Diego Simeone's plans.

Liverpool's link with the player led to Atletico's sporting director to insist Costa would stay with the club, and it would now seem the club have made good on their promise to keep him.

"Yes, he's going to continue," Jose Luis Caminero told AS last week.

"Diego Costa is a very important player for Atletico, we value him very highly and we are convinced that this year he is going to score a lot of goals with Atletico. He is an idol for the fans."

Liverpool were credited with a formal approach for Costa in their apparent pursuit of a replacement for Luis Suarez, with the Reds reported to have bid £21 million in their attempts to bring the player to Anfield.

Brendan Rodgers, however, will now have to look elsewhere for goalscoring reinforcements given Costa's decision to stay in Madrid.

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