Thiago Alcantara signs four-year deal with Liverpool

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Reigning Premier League champions Liverpool have completed the signing of Thiago Alcantara from Bayern Munich.

The 29-year-old has joined the Reds on a four-year deal for a reported initial transfer fee of £20 million (R418 million), with an additional £5 million (R104 million) payable upon on the club achieving certain targets in the Premier League and UEFA Champions League.

Thiago, who was recently nominated for the Champions League Midfielder of the Year award for his performances during Bayern's triumph last season, arrives with a reputation as being one of the world's best players in his position and revealed his desire to hit the ground running at Anfield.

"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," the Spain international told the club's website.

"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 also [has] this kind of family [feeling] 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.

You can see Thiago's farewell message to Bayern in the video below, while images of his arrival at Liverpool can be viewed in the gallery above

"I must adapt to the team as fast as I can in the situation and the context that we are living right now.

"Everything is more compact and we started a little bit later, but still it is football and I think we have to mix all the big things up, all the good things we have. I will help the team in a defensive and offensive [way] and also in a mental aspect.

"[The fans] are not more excited than I am, for sure not! It is not about saying words, it is about doing the things. I will give my heart on the field to my teammates, the club and also to the fans."

The former FC Barcelona star will wear Liverpool's No. 6 jersey, which was recently vacated by Dejan Lovren following the Croatia defender's transfer to Russian Premier League champions Zenit St. Petersburg earlier in the window.

Thiago leaves Bayern after spending seven years with the Bundesliga giants and becomes Liverpool's second acquisition of the window after the club completed an £11.75 million (R245 million) deal to sign Greece international Kostas Tsimikas from Olympiacos.