Liverpool signed Federico Chiesa from Juventus for a reduced cost.

Liverpool have signed Federico Chiesa from Juventus for an initial fee of £10 million.

The sum for the Italy international winger might increase by £2.5 million depending on add-ons, such as Liverpool winning the Premier League and the Champions League.

The 26-year-old has signed a four-year contract at Anfield, becoming Liverpool's first outfield signing under the new regime.

"I'm thrilled to be a Liverpool player. When Richard Hughes phoned me and asked, 'Do you want to join Liverpool?' - and the coach called me - I answered yes right away because I know the history of this club and what it means to the fans," Chiesa stated. "So, I'm quite excited and can't wait to get started.

"A fantasy has become a reality. When I hear the term Liverpool, I think of trophies, victories, and memorable evenings in the Champions League at Anfield.

"It's very emotional for me." I can't wait to hear the anthem and all 60,000 fans singing "You'll Never Walk Alone." I will give my all for this jersey and the supporters. "Forza Liverpool."

Sporting director Richard Hughes, who was appointed this summer, is well-versed in the Italian market, while Chiesa has been on Liverpool's radar since his time at Fiorentina.

Liverpool believed the price for Chiesa, who was in the final year of his contract, was reasonable. He had cost Juventus €50 million (£42.1 million), and they noted the comparable amount spent for wingers this summer, with Chelsea spending £52 million on Pedro Neto and £46 million on Joao Felix.

Liverpool believe Chiesa was previously worth between £80 million and £100 million.

They also wanted to bring in a sixth attacker and a fourth winger to give manager Arne Slot additional attacking options, and they believe his pace and style of play are well-suited to the Premier League.

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