Liverpool signed teenage Nigerian forward Taiwo Awoniyi and immediately sent him out on loan to German club FSV Frankfurt.
Brendan Rodgers' side have brought Awoniyi to Anfield from Imperial Academy in Nigeria after fending off reported interest from Porto and Monaco.
The 18-year-old is understood to have cost around £400,000 and will spend the rest of the season learning his trade on loan with Frankfurt in the German second tier.
Awoniyi is a current Nigeria U-23 international and has also played for the Super Eagles at the U-17 and U-20 FIFA World Cups. He first earned a call-up for the senior Nigeria squad in 2013.
Liverpool also announced that their striker Samed Yesil and midfielder Sergi Canos have both gone out on loan, joining Swiss side Luzern and Brentford respectively.
Yesil signed for Liverpool from Bayer Leverkusen in 2012, but has made only two first team appearances. Canos has agreed a deal that will see him stay at Championship club Brentford until 3 January. The 18-year-old Spaniard, yet to make a senior appearance for Liverpool, joined the Reds in 2013 from Barcelona.