Shelvey completes transfer to the Liberty Stadium.
Swansea City have secured their fifth signing of the transfer window by bringing in Liverpool and England under-21 midfielder Jonjo Shelvey.
Shelvey joined the Reds three years ago in a £1.8m transfer from Charlton Athletic, but departs for a fee of £5m.
The 21-year-old enjoyed his most prolific year to date at Anfield during the 2012/13 season, making 34 appearances in all competitions for the club and scoring five goals.
The midfielder was also a key member of the Three Lions squad that traveled to the under-21 European Championships in Israel this summer – yet despite high expectations the nation crashed out in the group stages after losing all three matches.
As well as having featured for Charlton and Liverpool, Shelvey spent a brief period on-loan at Championship side Blackpool in 2011, managing to score six goals and provide a further two assists despite only playing 10 games.
The Englishman joins the likes of Real Betis duo Jose Alberto Canas and Alejandro Pozuelo, along with fellow Spaniard Jordi Amat and Slovenian teenager Gregor Zabret, as new additions at the club under manager Michael Laudrup.
Shelvey will now have to compete with the likes of Leon Britton and Jonathan De Guzman – who returns for another loan spell from Villarreal – for a starting position in the centre of the Swans midfield.
Liverpool meanwhile have now offloaded four players this summer, most notably the £15m transfer of Andy Carroll to West Ham, whilst Kolo Toure, Iago Aspas, Luis Alberto and Simon Mignolet have all joined the club.