Liverpool have made their big signing of the January transfer window, with Colombian winger Luis Diaz making the move from Porto in a deal worth £50 million.
Diaz emerged as a surprise late target ahead of the Monday 11pm deadline, with the Reds moving quickly to secure a move for a player earmarked for the summer.
A fee of £37.5 million, plus £12.5 million in add-ons, was agreed with Porto, and Diaz has now completed his late switch to Merseyside.
A 25-year-old left winger, Diaz scored 16 goals and laid on six assists in 26 games for Porto this season, bringing his total to 41 goals and 19 assists in 125 appearances for the club.
It represents a major step up in form this campaign, with the Colombia international proving he has the ability to leap from the Primeira Liga to the Premier League.
The deal was complicated by Diaz’s call-up by his national team, for World Cup qualifiers against Honduras and Peru, while it is believed that 20 percent of his economic rights were still owned by previous club Junior de Barranquilla.