The 28-year old Serbia international's contract with the Belgian club expires at the end of the season meaning he was able to set up a deal with any other club and it has now been confirmed that he will join Liverpool next season.
After his agent had confirmed the deal, Jovanovic has now come out himself and said that he will be at Anfield in the summer.
"We have reached an agreement for three years, with the option to extend for another season," he told Belgian newspaper Sporza.
"I have yet to undergo a medical exam, but that shouldn't be a problem. I don't have any physical problems and I'm feeling perfectly fit.
"I opted to sign for Liverpool because they're one of the biggest teams around in Europe. They're definitely among the 10 biggest sides.
"I'm absolutely delighted that the deal is completed. From now on, I can focus on Standard Liege again. I want to leave the club in a good way."