Liverpool have completed the signing of Mohamed Salah from Roma.
Sources close to Liverpool told ESPN FC that the total deal is worth €39 million (£34.3m) and could be a club-record transfer fee, depending on the exchange rate of the British pound against the euro. Liverpool paid £35m to Newcastle for Andy Carroll in January 2011.
Roma, though, said the deal was worth an initial €42 million (£36.9m), while incentives could add an additional €8 million (£7m).
Salah signed a five-year deal, one source said, and will wear No. 11, with Roberto Firmino agreeing to move to No. 9.
After completing a medical on Thursday, Salah becomes Liverpool's second signing of the summer, following Chelsea youngster Dominic Solanke.
"I'm very excited to be here. I'm very happy," Salah told Liverpool's website. "I will give 100 per cent and give everything for the club. I really want to win something for this club.
"We have a great team and very good players. I was watching the games last year and everyone was giving 100 percent to win something.
"Everyone can see the coach gives everything. I hope to see that together we can give everything to win something for the club, for the supporters and for us."
Liverpool's pursuit of Salah goes back to the winter of 2014 when he nearly joined the Reds before eventually opting for Jose Mourinho's Chelsea.
However, his stay at Stamford Bridge was relatively short and unsuccessful, making just 19 appearances across two seasons.
The Egypt international moved to Fiorentina on loan in February 2015 before signing permanently for Roma last summer after a loan spell at the club.
The 25-year-old helped Roma finish as runners-up to Juventus in Serie A, scoring 15 goals in 31 league appearances.
"Mohamed has the perfect mix of experience and potential -- this is a really exciting signing for us," manager Jurgen Klopp said. "He knows the Premier League, he has pedigree in the Champions League and he is one of the most important players for his country. His record in Italy has been outstanding and he possesses qualities that will enhance our team and squad.
"I have followed him since he emerged at Basel and he has matured into a really good player. His pace is incredible, he gives us more attacking threat and we are already strong in this area. I like that we will make it even more competitive.
"Most important though, for us, is that he is hungry, willing and eager to be even better and improve further. He believes in what we are trying to do here at Liverpool and is extremely keen to be part of it."