According to an official press release from Hull City, the deal is for an undisclosed fee with a term of three years.
With his future no longer in doubt, Livermore is excited to be a key cog in the Hull City attack moving forward.
I'm delighted to be joining Hull City on a permanent basis. ... I thoroughly enjoyed my season here on loan and I firmly believe that this club will keep on going from strength to strength. I made my feelings known that I wanted to come here permanently and once the two clubs had agreed the fee, it was very straightforward.
Although Hull City has yet to make the full details of the deal public, Philip Buckingham of the Hull Daily Mail revealed the potential monetary terms:
Jake Livermore has become #hcafc's first signing of the summer. Deal could be worth up to £8m. Three year deal, option of a fourth.— Philip Buckingham (@PJBuckingham) June 25, 2014
While Hull City only managed a 16th-place finish in the EPL during the 2013-14 campaign, things are looking up. The Tigers shockingly reached the FA Cup final and showed some flashes of brilliance at various points throughout the season.
The 24-year-old Livermore scored three times for Hull City and has the potential to be an even bigger contributor in that regard next season and beyond.
Is securing Livermore a smart move by Hull City?
From Livermore's perspective, staying with Hull City is the best possible thing for his career. He may have had an opportunity at more immediate success with Tottenham, however, his playing time would have been limited and he may not have grown at the desired rate.
Livermore and Hull City will probably have to take their lumps and brave some rough patches in 2014-15, but they will come out of the season much better for it.
Clubs like Hull City have to roll the dice on young, talent-laden players like Livermore in order to ultimately compete with the big boys. There is no guarantee that it will work out, but the Tigers deserve credit for being aggressive and investing in the future.
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