The new contract comes into effect in July
Philippe Coutinho has signed a new five-year deal that will keep him at Liverpool football club.
The club confirmed the news on Wednesday morning that the midfielder, who has become a key part of Jurgen Klopp's team, had put pen to paper on a new contract.
Speaking about the news, Klopp said: "I know everyone associated with LFC will be delighted when hearing this today. I think everyone knows what a great footballer Phil is, that is not in question - but not everyone sees what an incredibly positive character he is and what a big influence he is on the dressing room.
“I knew of Phil before I came to Liverpool and I was well aware of what a talent he was, but since arriving here I have not only witnessed his ability up close, but also his ever-continuing development. He is truly world-class - in that very top bracket."
Coutinho hailed the supporters as a huge part of the reason that he signed a new deal with club, saying that he has always felt at home at Anfield.
"Ever since my arrival here, I was welcomed with open arms by the supporters - and everyone at this football club," the Brazilian told Liverpoolfc.com.
"This is an important factor that carries weight when you decide to remain here for a longer period - and this did have a lot of weight when I thought about the renewal of my contract.
"I can only thank every supporter for their faith in me. I really hope to repay them. I will do my very best on the pitch to create assists for my teammates and score goals for us to try and win trophies and titles."
He also added that the chance to continue the work started by Klopp with the team played a big part in his decision to sign on for another five years.
"We all can see how much [Klopp] has changed here since he arrived - and how much he will change in future. He is a winner.
"It’s not only me, but every other player feels honoured to play at this great club for this great manager. This feeling has a very positive influence on us as players."