Liverpool have received £1.5million from FC Twente for goalkeeper Nikolay Mihaylov.

The 21-year-old Bulgarian was signed 3 years ago but never made a single first team appearance for the Reds.

Mihaylov has been on loan with the Dutch outfit for the past three seasons but the move has now been made permanent

Although Rafa Benitez didn't spend any money during the January transfer window, he recouped around £6million.