Liverpool have signed 18-year-old centre-back Giovanni Leoni from Parma in a deal worth £26 million plus add-ons.An agreement was reached late on Wednesday night as Liverpool beat off competition

Liverpool have officially announced the signing of Italian centre-back Giovanni Leoni. The 18-year-old arrives from Parma for a reported fee of £26million plus add-ons and is not expected to be loaned out, instead becoming an instant option for Arne Slot ’s backline as the Reds look to defend their Premier League title.

Liverpool have taken their summer spending past the £300 million ($406m) mark after completing the signing of Parma's 18-year-old defender Giovanni Leoni on a six-year contract.