Liverpool have agreed to sign Netherlands international Virgil van Dijk from Southampton for a reported world record fee for a defender, the Premier League clubs announced on Wednesday.
The signing of the in-demand centre back was announced after the two clubs, who had failed to agree terms for the transfer during acrimonious dealings in the summer, finally reached an agreement.
Liverpool did not reveal the transfer fee but Southampton announced it was "a new world-record for a defender" with English media reporting that it was a 75 million pounds ($100.49 million) deal.
That figure would eclipse the huge fees that ManchesterCity spent on both Tottenham Hotspur's Kyle Walker (£50 million) and Monaco's Benjamin Mendy (£52 million) last summer.
"The Reds have agreed a deal with the south coast club, and the player himself, that will see the 26-year-old defender move to Anfield when the transfer window re-opens on January 1, 2018," Liverpool said in a statement.
"The Netherlands international will be assigned squad number four, upon his arrival at Liverpool."
The signing will be seen as a major coup for the Reds, whose defensive problems have been highlighted during this season almost as much as their attacking prowess.
Under manager Juergen Klopp, they had been pursuing Van Dijk's signature in the summer before the Merseyside club ran into trouble and had to apologise for making an illegal approach for him.
Van Dijk, who has never hidden his admiration for Liverpool, said in a statement he was "delighted and honoured" to sign.
"Today is a proud day for me and my family as I join one of the biggest clubs in world football!" he said on Twitter.
"I can't wait to pull on the famous red shirt for the first time in front of the Kop and will give everything I have to try and help this great club achieve something special in the years to come."
Two other major Premier League clubs, leaders ManchesterCity and champions Chelsea, had also been reported to have sought Van Dijk's signature but Liverpool won the race.
It ends a long chase for the side currently lying fourth in the Premier League. Liverpool had originally been ready to pay about £60 million in the summer for Van Dijk when it became clear he wanted to join them.
Southampton, though, were angry that the information about a deal was leaked before any fee had been agreed, prompting the Saints to complain to the Premier League and Liverpool to apologise and agree not to pursue the signing.
Van Dijk then missed the season's start amid suggestions he was disgruntled at being denied a move but was eventually brought back into the fold under new manager Mauricio Pellegrino only to be left out again in recent matches, presumably as the deal with Liverpool was being ironed out.
Van Dijk had signed a new six-year contract with Southampton last year, having joined from Celtic for £13 million in September 2015.
While there is no doubting the quality of the Dutch international, the size of the fee for a player who has not been performing at his very best this season may still raise a few eyebrows.
($1 = 0.7464 pounds)