Brazilian defender Fabio Aurelio is set to leave Liverpool after failing to agree a new deal at Anfield.

The 30-year-old joined the Premiership club four years ago on a Bosman free transfer from Valencia.

Liverpool manager Rafael Benitez told his club’s official website: “Fabio’s contract is nearly finished and he is going to leave us.

“We had been trying to work something out with regards an extension but it was a pity that we couldn’t. He has given us absolutely fantastic service.

“Fabio is a top professional, a great player and a really good lad. I mean every single word I say about him.

“It has been a pleasure having him here and we really will miss him.”

He added: “The one problem we had with Fabio was that he suffered too many injuries and it was such a pity because he has great quality.

“When he was in the team, we were always able to play the ball out from the back and keep it because he uses possession so well.

“With Fabio being out so much, it meant that we had to use Emiliano Insua more than we would have liked and that was not easy for him.

“You can say things about players. But with Fabio, you are talking about an amazing person who gave 100 per cent all the time. We wish him all the best.”

Everton’s highly-rated youngster, Jack Rodwell, has signed a new five-year contract at Goodison Park.

The 19-year-old has made 64 appearance for the Blues, scoring 5 times, since making his debut as a 16-year old in 2007.

Everton manager David Moyes told his club’s official website: “I’m very pleased that Jack Rodwell has signed an improved contract because it re-affirms Everton’s ambition to challenge the top clubs.

“I want to keep all the players we have here to make us stronger in the coming season.”

Following Bayern Munich’s disappointment of losing the Champions’ League final to Inter, they received some good news with Franck Ribery extending his contract at the German club until 2015.

The Frenchman, who joined Bayern three years ago from Marseille for £16.9m, told his club’s official website: “[I'm] very happy about the decision to continue working with FC Bayern. My family and I are delighted that we’re staying in Munich. The club has become a big family for me.”

Bayern chairman Karl-Heinz Rummenigge added: “We’re delighted we’ve reached agreement on a contract extension with one of the world’s best players. This is another signal of Bayern’s ambitious targets for the coming years.”

Arsenal have wrapped up the summer signing of Marouane Chamakh. The Moroccan striker leaves Bordeaux on a Bosman free transfer, and has penned a ‘long-term contract’ with the North London club.

Arsenal manager Arsene Wenger told his club’s official website: “We are delighted that Marouane Chamakh has joined us. He is a player we have admired for some time now and I know he will provide our squad with great quality. Chamakh has proved he is a great player with his performances for Bordeaux and Morocco in recent seasons and we’re all looking forward to him joining us.

“Chamakh is a striker of real quality and has all the attributes suited to come to England and do very well. He is also a fighter, not only a good football player, but a fighter as well. He is very good in the air and also a good team player. He is a great addition to our squad.”