England midfielder Joe Cole has moved to Liverpool on a four-year deal from Chelsea on Monday, the Reds announced. The 28-year-old will undergo a medical at Anfield within the next couple of days. He has already agreed personal terms with his new club. Cole is now Liverpool's second signing this summer after Milan Jovanovic. Previously, Cole had stressed that an exit from Chelsea would be a result of discomfort at Stamford Bridge. "It is not financial and it is nothing to do with Carlo," he said at the time. "I love Carlo (Ancelotti). I think he is a top guy and a top manager. "I loved my time at Chelsea, I love the fans but it is a story for another day and I will tell it but now is not the time."