Jurgen Klopp and his side won the Premier League for the very first time and their first top division title in 30 years in the 2019/20 campaign, but their transfer business has been moderate so far this summer.
While other sides have spent big to try and bridge the gap to the Reds, with Chelsea splurging over £200m so far, the Reds have only made one signing in the form of backup left-back Konstantinos Tsimikas.
After a prolonged period where the transfer was up in the air, Liverpool have now announced the deal, with the Spaniard wearing No. 6 this season.
He told Liverpoolfc.com: "I think it’s an amazing feeling. I was waiting for this moment for a long time and I am very, very happy to be here.
“When the years are passing, you are trying to win as much as you can – and when you win, you want to win more. I think this club describes what I am as well; I want to achieve all of the goals, win as many trophies as possible.
“It [the club] also [has] this kind of family that I need because we [like to] have a very close relationship with the club and I think I will feel this, I will have this feeling, with this club as well.”
Thiago has been confirmed but it remains unclear if he will be available to make his Premier League debut on Sunday, when his new side travel to Stamford Bridge to take on Chelsea.
It is also unclear what this deal will mean for the future of other Liverpool midfielders, such as Naby Keita and Alex-Oxlade Chamberlain, who will move further down the pecking order as a result of this capture.
Liverpool FC (@LFC) September 18, 2020