Liverpool have announced this evening that striker Fernando Morientes has joined Valencia for an undisclosed fee.

The 30-year-old former Real Madrid striker failed to live up to his reputation during his 16 months on Merseyside and managed just 12 goals in 61 games for the Reds.

He was left out of the Spanish squad for this summer's World Cup after failing to play a major role in the Liverpool first team last season.