Cape Town - Liverpool manager Jurgen Klopp believes Philippe Coutinho's new contract shows that the players also have faith in the long-term future of the club.
The Brazilian midfielder has signed a new five-year contract with the Reds which will keep him at the club until 2022. His previous deal was set to expire two years earlier.
Klopp is convinced that securing Coutinho long-term is a big statement from Liverpool that they want to build something special.
"This is wonderful news and I know everyone associated with LFC will be delighted when hearing this today," Klopp told the club's official website.
"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.
"The fact he wants to stay here and be part of what we are looking to build and develop shows his personal commitment is to make himself better and be an integral part of something that is very special.
"We have total belief in our project, but when a player of Phil's calibre and status commits for this length of time it shows that our faith is shared throughout the game. He knows he can fulfil his dreams and ambitions here at Liverpool. This is a big statement.
"I look forward to seeing Phil create many more great memories and moments for this club."