England right-back Glen Johnson has signed a four-year deal with Liverpool after completing a reported £17.5m move from Portsmouth.
The 24-year-old becomes manager Rafael Benitez's first summer signing after the Reds boss beat off competition from Chelsea and Manchester City.
Benitez said: "Sometimes you have to spend a little bit more.
"You can't compete in the top four of the Premier League unless you spend some money."
It is understood Pompey still owe Liverpool £7m from the deal that saw them buy striker Peter Crouch last summer, and that is believed to have helped finance Johnson's transfer.
Johnson had limited first-team chances at Chelsea in his spell there, but established himself in the England team after his move to Portsmouth in 2007.
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