English media report that the initial transfer fee is £106 million, but with bonuses the price could rise to £123 million, equivalent to almost SEK 1.6 billion. The contract is for five years.
The French left winger - who scored one of the goals against Sweden in the round of 16 of the World Cup - becomes Liverpool's second most expensive signing in history after Alexander Isak, who cost £125 million in the transfer from Newcastle last summer.
Barcola's move to Liverpool has been in the works for some time and became official on the penultimate day before the transfer window in England closes on Tuesday.
