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Liverpool have completed the signing of Marko Grujic from Red Star Belgrade for a fee of £5.1 million.
The 19-year-old underwent a medical at Liverpool's Melwood training ground earlier this week before putting pen-to-paper on his five-year contract on Wednesday morning. However, he will return to Red Star Belgrade on loan until the end of the season.
"I’m very excited and so proud to be here and a member of Liverpool Football Club. I can’t wait to get started, play at Anfield and train at Melwood," Grujic told the club's official website.
"I was thinking about my progress in my next period and decided it was good for me to come here and try to be the best I can.
"I want to play in front of one of the loudest set of fans in Europe at Anfield.
"I also like the atmospheres at other stadiums, the crowds are very good. I like to play under pressure and that’s why I’ve come here – because it brings out the best in me."
Grujic made his debut for Red Star Belgrade in 2013 and he has made 21 league appearances for the club, netting five goals while he is a member of the Serbia U21 squad.
Welcoming his first signing, manager Jurgen Klopp said: "We’re very pleased because Marko is a big talent and we’ve seen him a lot of times.
"When I came here, our scouts showed me some footage of a very skilled player from Red Star Belgrade. We watched it, we spoke to him, we met each other – he’s a good boy, a young boy but plays an important role at the moment at Red Star, who are the best team in Serbia.
"To describe him, I would say he’s a tall boy, but quick and good at technical things. He can play passes and can dribble. But he is young, so he has to develop. He will do this, so everything is okay."