Liverpool have officially announced the capture of right-back Javier Manquillo from Atletico Madrid on a two-year loan deal with a option to buy.
"Liverpool FC have today completed the loan signing of Spanish youth international Javier Manquillo from La Liga champions Atletico Madrid," read a statement on the club's official website.
Manquillo expressed his delight at having signed with the Merseyside club, who, according to him, are one of the "biggest" clubs in Europe.
"I'm very happy to have signed for a club like Liverpool. I think it's one of the biggest in Europe. Any footballer would want to come and play here," the youngster told the club's official website.
"When they tell you Liverpool want to sign you, I think like any player, you are going to be absolutely amazed and you don't think of anything else than going straight there."
"The immediate objective is to do the best I possibly can here. I've come here to try and secure a place for myself in the side and, if possible, stay here for many more years in the future."
Despite the 20-year-old Spaniard being relatively inexperienced, making only three appearances for Atletico Madrid last season, Liverpool were keen on signing him, with Liverpool Chief Executive Ian Ayre personally flying to Spain to speed up negotiations.
Manquillo has become the Reds' seventh summer signing – after Adam Lallana, Rickie Lambert, Dejan Lovren (all from Southampton), Emre Can (Bayer Leverkusen), Lazar Markovic (Benfica) and Divock Origi (Lille) – as manager Brendan Rodgers continues to strengthen the squad.
Meanwhile, Brendan Rodgers is certain that new signing Lambert will do well at Anfield, despite the striker already being 32 years of age.
Lambert, who is a product of Liverpool's academy, spent most of his career playing for lower division clubs including Blackpool, Macclesfield Town, Stockport County, Rochdale and Bristol Rovers.
After signing for Southampton, the England striker finally got a chance to play in the Premier League when the Saints won promotion to the top flight in the 2012/13 season.
Following two successful seasons with the Saints, Lambert finally fulfilled his dream by signing with his boyhood club Liverpool.
And Rodgers, despite admitting that Lambert will not be starting in each and every game next season, feels that the striker will do well at Anfield.
"I have no doubts about Rickie. He knows he's not going to play every week but he will play a specific role for us in certain games. I'm sure he will do that really well."