Liverpool have signed striker Alexander Isak from Newcastle United for a British transfer record fee of £125m.
Newcastle sources claim the deal could be worth as much as £130m with add-ons.
Sweden international Isak, 25, had a medical on Monday before signing a six-year contract.
Liverpool had an original £110m offer for Isak rejected in August but have now landed their first-choice target of the summer.
The protracted saga came to an end on the final day of the transfer window, with the Reds announcing the deal at 21:30 BST, two and a half hours after the window closed.
It follows Newcastle having signed Germany international striker Nick Woltemade from Stuttgart last week and Brentford forward Yoane Wissa in a £50m deal on Monday
However, Liverpool failed to complete a £35m deal to sign England defender Marc Guehi from Crystal Palace. The 25-year-old had a medical with the Reds, but Palace’s failure to sign a replacement meant the deal collapsed.
More to follow.