The club's official website announced the news but kept silence on the amount of the deals.

"I'm really pleased too. The negotiations have gone really smoothly. Although they have been spoken about for a couple of weeks, I think it's happened pretty quickly. I'm just pleased to get it out of the way and we look forward to next season now. Hopefully over the next four years we can deliver a lot more trophies." said the Reds Captain.

Carragher also expressed his delight by saying: "I am very pleased. Obviously we are both local lads and I've always said I wanted to stay here for the rest of my career.I have signed for four years and hopefully I can still be a regular in the team. That's the aim anyway."

Gerrard and Liverpool were among the architect who won the terrific UEFA Champions League Trophy in 2005 over AC Milan.