Fenway Sports Group president Mike Gordon believes the decision of Jurgen Klopp to extend his stay as manager represents "a big statement" of Liverpool's desire to continue improving.
Klopp and his assistants Pep Lijnders and Peter Krawietz, who were all due to leave in two years, have put pen to paper on deals that will extended their Anfield commitment to 2026.
And Gordon - integral in negotiating the new contracts - believes the Reds boss is key to Liverpool maintaining progress that has seen them restored as one of the leading clubs in Europe.