Luis Suarez has signed a new long-term contract at Liverpool to end speculation about his immediate future, as revealed by Goal.com earlier on Tuesday.
The news comes just 24 hours after Suarez teamed up with new manager Brendan Rodgers for the first time at training following Uruguay’s exit from the Olympics at the group stage.
The striker has been recently linked with a move to Juventus after the Serie A champions' attempts to lure Edinson Cavani from Napoli appeared to stall - but this latest development brought an end to such rumours.
"To sign a new contract with Liverpool is unbelievable for me because I am so happy here at both the club and also in the city. That is very important for me," Suarez told the club's official website.
"When you are a kid, everybody wants to play for Liverpool. I am here now and it is a dream for me, and now I am a Liverpool fan.
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"I am happy off the pitch because the people of Liverpool are good with me and my family. I try my best on the pitch and when you are happy off the pitch, you are happy on the pitch.
"I want to say thank you to the fans because they are our 12th player. The supporters of Liverpool are unbelievable. Five or six years ago I watched on TV the stadium and the club, and now I play here and the supporters have helped me. That's very important for me."
Manager Brendan Rodgers added: "I'm delighted. When you have the opportunity to work with world-class players it's fantastic.
"There were certainly a few clubs who were interested in him but over the off-season he and I communicated well - and he's committed himself for the long term here now.
"He's really looking forward to playing in this way of working. As a manager and for the supporters, I'm delighted because I know how important he is for them."
Suarez signed a five-and-a-half year contract when he joined Liverpool from Ajax in January 2011 but his new agreement is expected to bring his pay in line with the club’s highest earners such as Steven Gerrard, Pepe Reina and Glen Johnson.
Footage emerged shortly after 14:00BST on Tuesday of the club's TV channel appearing to accidentally broadcast news that the Uruguayan had signed a new deal.
The 'LFC Now - 60 second news' bulletin led with the words: "Liverpool today confirmed Luis Suarez has signed a new long-term contract with the club.
"The Uruguayan forward committed his future to the Reds by putting pen to paper on a deal on Tuesday afternoon.
"Following his involvement at the Olympics with Uruguay, Suarez returned to Melwood on..."
The broadcast then halted, revealing a holding screen apologising for a temporary fault, however, the club went on to later confirm the Uruguayan's new deal.