The teenager has signed a fresh five-year contract with the Reds.
The 19-year-old midfielder penned a fresh new deal with Liverpool that will keep him at the club until the summer of 2027.
He suffered a serious ankle injury last summer and battled his way to some first-team action this February.
He is already viewed as one of the talented teenagers in world football and looks to establish himself as a regular starter under Jurgen Klopp.
Elliott said to Liverpool’s official website: “It’s always nice to know that I’m going to be here for many more years, which is always a great thing with it being my boyhood club and there is nothing in this world that makes me more happy and more excited than this.
“It’s been a big rollercoaster for me and my family and even for the club. So much has happened in the years that I have been here.
“I’m hoping there are many more memories to come with it but I’m just so excited to put pen to paper and stay here for a lot longer.”
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