Liverpool have completed the signing of Uruguayan defender Sebastian Coates from Nacional. The transfer fee for the youngster was not announced, but is reported be around £7m. Coates, the 2011 Copa America young player of the tournament, chose Liverpool over Atletico Madrid, Manchester City and Dnipro on the advice of compatriot Luis Suarez, who plies his trade at Anfield.
The 20 year old Coates is being hailed as a long term successor to Jamie Carragher at Anfield. The fee is a record one for a Nacional player, nearly double of what Ajax paid to take Nicolas Lodeiro to Amsterdam. Coates was last season’s Uruguayan Championship Player of the Year and also won the award for best defender.