Liverpool have completed the £8.5m signing of Brazilian midfielder Philippe Coutinho from Inter Milan, reports BBC Sport. "I'm feeling very happy, it's a very important step in my career," the 20 year old told Liverpool's official website.

"Liverpool is a great club with great players. We've always heard about Liverpool's history in Brazil. I know they believe in me and my football."

"We're always delighted when we get the players we go after," said Reds managing director Ian Ayre.

"It has been a successful transfer window for us, coming off the back of acquiring Daniel Sturridge from Chelsea and now Philippe from Inter Milan.

"I think that bodes well for us for the rest of the season and the future."

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