Liverpool have announced the big money capture of Darwin Nunez from Benfica.
The Uruguayan saw his stock soar following a stunning Liga Bwin campaign that saw him score more goals (26) than any other player.
A number of Premier League sides had shown an interest in Nunez, but the Reds have won the race to land the 22-year-old.
"Liverpool FC have completed the signing of Darwin Nunez from Benfica, subject to the successful granting of a work permit and international clearance," a statement read on the club's official website.
"The Uruguayan forward has signed a long-term contract with the Reds after finalising personal terms and completing a medical at the AXA Training Centre.
"Nunez arrives at Anfield after two seasons in Portugal with Benfica, where he scored 48 goals from his 85 appearances in all competitions."
On his move to Liverpool, Nunez said: "I’m really happy and delighted to be here at Liverpool. It’s a massive club.
"I’d like to thank my partner and my parents and my son, who is a real source of pride for me. They’ve been really important to me in the stages in my career. I’m really proud of them, and for the work we do, me and my partner, as a team and I’m grateful to her that I’m here.
"It’s a pleasure to be here in Liverpool and I’m very happy to be a part of this great club.
"I’ve played against Liverpool and I’ve seen them in lots of games in the Champions League, and it’s my style of play. There are some great players here and I think it’s going to suit my style of play here.
"As I say, I’ve watched quite a lot and it’s a very big club and I hope I can give everything that I’ve got in order to help the team."