Liverpool have announced the arrival of striker Hugo Ekitike from Eintracht Frankfurt.The Reds have agreed to pay an initial £69m with an additional £10m in add-ons, which are both team and player related.Ekitike has become Liverpool’s latest signing of the windowGettyLiverpool sporting director Richard Hughes and Frankfurt counterpart Markus Krosche had been in talks since last weekend to thrash out the deal.Ekitike has agreed a six-year contract an Anfield.He will now fly out to Hong Kong later this week to join his new teammates on their pre-season tour of Asia.News of Ekitike’s arrival at Liverpool will come as a blow to Newcastle, who had a £70m-guaranteed offer rejected.However it did not have the same add-ons their Premier League rivals submitted.At the time of Newcastle’s offer, talkSPORT understood Frankfurt executives were reluctant to budge from their previous €100m (£87m) valuation for the forward who, up until last season, had failed to live up to high expectations.Blasting onto the scene with boyhood club Reims in 2021, Ekitike was pencilled in as a future France star, but didn’t live up to the hype with a failed move to Paris Saint-Germain coming with very little game time.But after a season in which he netted 22 times in all competitions for Frankfurt, he found himself on Liverpool and Newcastle’s radar.The Reds have been on the lookout for a new striker with Darwin Nunez on the market and valued at £59m.As a prelude to their Ekitike interest, Liverpool indicated to Newcastle that they would be willing to pay a British record £120m for star striker Alexander Isak.The former PSG man enjoyed an impressive 2024/25 campaignGettyView Tweet: https://twitter.com/LFC/status/1948088063684723149?ref_src=twsrc%5EtfwThe Magpies, though, value the player at £150m.With Newcastle refusing to budge, Liverpool instead turned to Ekitike, where they swiftly wrapped up a deal to sign him.Ekitike’s switch to Liverpool has taken their summer spending spree to over £250m.Arne Slot’s side responded to the loss of Trent Alexander-Arnold to Real Madrid by bringing in a new right-back in Jeremie Frimpong for £29.5m.Liverpool then added his former Bayer Leverkusen teammate Florian Wirtz for a British record £116m.Milos Kerkez was next through the door for £40m from Bournemouth.Here is how the Liverpool XI could look next seasonAnd it remains to be seen if Liverpool will make a move to bring in a new defender.Crystal Palace captain Marc Guehi is known to be admired by Liverpool, who recently sold academy product Jarell Quansah to Leverkusen.