The former captain will take up a role in the club's academy
Steven Gerrard is returning to Liverpool as he takes on a role as a coach at the club's academy.
The former club captain, who spent almost his entire playing career at Anfield, will join the youth set up at Kirkby starting in February.
In a statement, the club said that the role will be wide-ranging, and will be focused on the "professional development phase" of the players' path to the senior team.
They added that since retiring, Gerrard has been keen to get involved, and has been "a familiar presence at the Academy [...] connecting with some of the younger age groups whilst working on his coaching badges."
Speaking about the role, Gerrard said:
"It feels like completing the circle; returning to the place where professionally it all began. However, this isn't a decision based on emotion - it's about what I can offer and contribute to Liverpool.
"I don't think I need to explain to people what this football club means to me, but when I knew coming back was a serious option I wanted to make sure it was a substantive role and a role in which I could really help the organisation.
"Meeting with Alex Inglethorpe, seeing the work they are currently doing and want to do in the future at Kirkby, it just felt right. The right option at the right time, for all parties involved."
Inglethorpe, the academy director, was pleased with the addition, citing the experience that Gerrard will bring to the role and how that will be of great benefit to the young players as they look to break through from the youth set up and forge a career in professional football.
"If I was to pick one individual who embodies the characteristics and values we are looking to instil into our organisation at Kirkby, it would be Steven Gerrard," Inglethorpe told Liverpoolfc.com. "For him to have been so enthusiastic about being part of what we are looking to do is simply great news for everyone connected to the club.
"I don't think it would surprise anyone to know that Steven has had a host of great options, in terms of what to do next in his career, including playing, management and coaching. But it's been evident from the first meeting with him that his heart and head belongs here.