According to Voetbal International, the young Bulgarian goalkeeper has been signed on a free transfer. Mihaylov has been on loan at Twente since 2007 but managed only 3 appearances and has now signed a permanent deal until July 2012.
Steve McClaren sees Mihaylov as a good replacement for the ageing Sander Boschker who is likely to retire in the next 18 months.
Liverpool FC have yet to confirm this transfer.
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