Liverpool hand Joe Cole No10 shirt as midfielder signs four-year deal

• 28-year-old passes medical and completes move
• Cole is with Liverpool at training camp in Switzerland

Liverpool have completed the signing of Joe Cole on a four-year contract after he passed his medical – and have handed the midfielder the No10 shirt.

The 28-year-old agreed personal terms on Monday having being released by Chelsea at the end of last season and then flew to the club’s training camp in Switzerland to undergo his physical examination.

Liverpool’s manager, Roy Hodgson, meanwhile, has told defender Philipp Degen he can look for a new club.

The Switzerland international has struggled to make an impact since arriving at Anfield from Borussia Dortmund in July 2008. “We have had an amicable conversation with Philipp and he wants to play football,” said Hodgson. “We won’t stand in his way and he is free to look for another club.”

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Joe Cole joins Liverpool on four-year contract

• England international moves to Anfield on a free transfer
• Cole becomes Liverpool’s second signing of the summer

Liverpool today signed Joe Cole on a four-year contract, subject to a medical due to take place “in the next 48 hours”.

The 28-year-old England international has moved on a free transfer after his contract with Chelsea expired at the end of June. He had also been linked with Tottenham Hotspur and Arsenal, who will both compete in the Champions League next season, but has chosen instead to move to Anfield where he becomes the second signing of the summer after Milan Jovanovic, the Serbian winger who joined from Standard Liège earlier this month, also on a free transfer.

The capture of Cole was seen as a key factor in proving to the likes of Steven Gerrard and Fernando Torres, who have both been linked with departures after a disappointing seventh-placed finish in Rafael Benítez’s final season in charge, that Liverpool can still compete for quality signings. He will be seen as a replacement for Yossi Benayoun, the 30-year-old Israeli creative midfielder who has joined Chelsea for £5m.

Hodgson is still on the look-out for a new left-back with Fabio Aurélio having left and Emiliano Insua on the verge of completing his move to Fiorentina. After that the Liverpool manager will hope to secure commitments from Gerrard and Torres about their futures.

The former Liverpool midfielder Jamie Redknapp, whose father Harry was keen on signing Cole for Spurs, said reports the player was holding out for the most lucrative contract were unfair.

“From what I know, compared to other players in the Premier League now, he’s not being greedy at all,” Redknapp told Sky Sports News. “He just wants a good deal and rightfully so – he’s a free agent and he’s worked that situation nicely – but I know he’s not asking for anything astronomical, like what is being portrayed in the press.

“He’s just looking for the right club and he needs to play football now. He missed a lot of time at Chelsea last season with his knee injury and didn’t quite get back to the level he showed previously. He needs to go somewhere, be loved, and play football and get back to being the Joe Cole we all know.”

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Yossi Benayoun completes transfer from Liverpool to Chelsea

• Israeli joins Premier League champions on three-year contract
• Made 172 appearances during three-year spell at Anfield

Yossi Benayoun has completed his move from Liverpool to Chelsea. The two clubs agreed a fee for the player last month, believed to be in the region of £5m, and the deal has been confirmed this afternoon.

The 30-year-old Israeli international made 172 appearances and scored 37 goals during his three seasons with Liverpool but fell out of favour with former manager Rafael Benítez during the last campaign and had agreed personal terms on a three-year contract with the Premier League champions, also last month.

“Yossi’s departure was agreed between the player and Rafael Benítez a number of weeks ago,” a Liverpool spokesman said. “Everybody at Liverpool FC wishes him well for the future.”

Benayoun joined Liverpool from West Ham for £5m in the summer of 2007. “I am very excited to come to a club like Chelsea,” said the player. “It is a big club and I think it is a dream for every player. Hopefully we will be successful.”

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