Liverpool completes signing of Marko Grujic from Red Star Belgrade

Liverpool has signed midfielder Marko Grujic from Red Star Belgrade, where the 19-year-old will return on loan for the rest of the season.

The fee is reportedly £5.1 million, according to the Press Association, with a contract until 2020.

(Courtesy: LFC)

"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," he 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."

Grujic has come through the youth ranks at the Serbian club. He made his first-team debut as a 17-year-old in 2013, and has five goals in 21 league appearances this season.

He was also part of the Serbia side that won the under-20 World Cup in New Zealand last year.

Manager Jurgen Klopp raved about the teenager, and said Liverpool's scouts had seen him many times before completing the transfer.

"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," said Klopp.