Liverpool - Liverpool football club have announced the signing of Scottish midfielder Charlie Adam from Championship side Blackpool.
The deal was announced on the club's website on Thursday after the 25-year-old completed a medical and put pen to paper on his new contract.
The Merseyside club have been tracking Adam for some time and had two bids rejected during the January transfer window earlier this year, with the highest offer reported to be in the region of £6.5 million. However, this time around, it is understood that Blackpool have accepted £7.5 million - a figure that could rise to £8 million depending on appearances.
Speaking to the club's official television channel, Adam said that he was looking forward to getting started with his new team.
"I am absolutely delighted to be here. It has been a long process but now I can't wait to get started and hopefully this will be a successful period in my career and in the club's history," said Adam.
"Liverpool is a massive club with terrific players and a terrific manager. You have seen since the new manager came in the forward strides that have been made. Kenny (Dalglish) has a terrific respect from players and people in the game. He is a wonderful manager and it's an honour to be able to say I'm going to be able to play for Liverpool."
"I see this as the perfect development for me to come here, play with such wonderful players and hopefully help the team to win trophies, because that's the most important thing."
Adam attracted the attention of several larger Premier League clubs with his performances in Blackpool's midfield last season and was shortlisted for the Premier League Player of the Year award.
The former Glasgow Rangers player scored twelve goals in 35 league appearances, including one from the penalty spot against Liverpool during Blackpool's shock 2-1 victory at Anfield. Adam said that he was looking forward to scoring for the home team at the famous stadium.
"Since I've known about Liverpool's interest I've been looking at the website and obviously playing here last season, the passion of the supporters, they know what it means and they're there to support the team," said Adam.
"That's what you want as a player, to know the fans will back you to the hilt through thick and thin. I tasted Anfield last year, scoring here was an unbelievable feeling and hopefully I've got many more days like that as a Liverpool player."
Liverpool director of football Damien Comolli added that he was happy that the transfer had been finalised after chasing the player for over six months.
Adam is Liverpool's second summer signing, following the capture of young England midfielder Jordan Henderson from Sunderland last month for a fee reported to be in the region of £20 million.