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He becomes the club's record signing, and he may go on to break the Premier League's transfer record as well, with Liverpool potentially paying $156 million with add-ons included.
The 22-year-old is a major coup for the Reds, having beaten Bayern Munich, Manchester City and Real Madrid to his signature, and Slot will hope he can play a major part in Liverpool retaining its title next season - and potentially earning more silverware beyond that.
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The Liverpool boss of course already had one new face in his ranks, with Jeremie Frimpong having completed his own move from Bayer Leverkusen earlier in the summer.
Julian Alvarez is a player the Reds are already well acquainted with, especially after making a play for him last summer, and Atletico Madrid boss Diego Simeone's recent comments may well have piqued the interest of Richard Hughes and co at Anfield.
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Julian Alvarez has been linked with a move to Liverpool this summer.
Should Liverpool secure all of those signings, it would represent a sensational summer, and hold it in good stead for a number of departures.
Frimpong would of course replace Trent Alexander-Arnold at right-back following his exit for Real Madrid, with Kerkez stepping in to replace Andy Robertson, with the Scot looking as though he could be headed to Atletico - which may even help lure Alvarez to Anfield.
Alvarez would of course take the No.9 role, replacing Luis Diaz in the process after the Colombian emerged as perhaps the most viable option amid Diogo Jota’s injury problems and struggles for form, as well as the ongoing frustrations surrounding Darwin Nunez, who will surely be on his way this summer.
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