Jurgen Klopp is "more energised than ever" and "the perfect figurehead for the modern Liverpool FC", according to the club's owner Fenway Sports Group.
Liverpool announced a contract extension for their hugely successful manager on Thursday.
Klopp's previous deal was set to run until the end of the 2023-24 season, but he revealed he has committed to the Anfield club for a further two years.
The Reds could win an unprecedented quadruple this season, having already collected the EFL Cup while remaining in contention for Premier League, Champions League and FA Cup glory.
Klopp has won both the league and Europe's elite club competition in previous seasons, too, and Fenway Sports Group believes he is the man to lead them forward.
FSG president Mike Gordon said: "It's always hard to find the right words to adequately reflect Jurgen's importance and contribution to our club, but today's announcement really does speak for itself.
"But speaking on behalf of my partners John [Henry] and Tom [Werner], as well as myself, Jurgen is the perfect figurehead for the modern Liverpool FC.
"This is especially true of what he stands for, on and off the pitch. It also applies to the leader he is and the man he is.
"Because of our extraordinary playing squad, outstanding coaches, world-class football operations team and brilliant club staff, we are blessed with the most valuable resource an organisation could wish for: amazing people.
"Everything Jurgen has said publicly about his future previously was reflected by his words privately to us. It was about him having the inclination and desire to keep going. In this respect, it is clear he is more energised than ever.
"What our latest agreement gives us, across the organisation, is an opportunity to benefit from continuity, particularly in terms of renewals, whilst retaining and, where possible, enhancing our keen focus on refreshing and reinvigorating at all times.
"As Jurgen has himself alluded to, we have incredible talent across the club, led by Billy Hogan and his executive team for the wider business. Plus, more specifically for football, Julian Ward as sporting director, football ops and the wider AXA set-up, including our sensational academy.
"It's a talent pool that is incredibly deep and totally committed.
"Jurgen wanting to make our future to be as bright as our present is a big statement. We cannot rest or consolidate.
"We have to think at all times about improvement and we are now able to do this in the knowledge that we have retained a manager who not only shares our vision and ambition, he remains determined to deliver on it.
"For these reasons and many more, it is beyond thrilling to know Jurgen Klopp will lead us into this new era."