Liverpool have made their first major summer signing after they saw off rivals Arsenal to secure a €50m deal for Brazilian midfielder Fabinho from French giants AS Monaco.

The 24-year old has penned a five-year deal with the Reds as he is expected to replace outgoing Germany international midfielder Emre Can who is reportedly close to joining Italian champions Juventus.

He will join Jurgen Klopp’s team on 1 July for around £39m (45m euros) plus a further £4m (5m euros) in performance-related bonus payments.

The Brazilian had nice things to say about his new club in his first interview as he revealed that the club’s infrastructure looked “exceptional”.

In his words, Fabinho said: “A football club of this size coming after my services, I didn’t have to think that much about coming over.”

“I will try to create my own history at this football club. Hopefully, on a personal level, I’m able to win titles with this club.

“This is something that I always wanted – this is a giant of a team.

I am really excited.” he concluded.

His manager Jurgen Klopp added: “He has ability and mentality to play at the highest level in a number of positions. He can play ‘six’, ‘eight’ and ‘two’. This is cool.”