Captain Gerrard, 27, and his deputy Carragher, 29 took a break from preparing for England's Euro 2008 qualifier against Estonia to pen the new four-year deals at Anfield on Monday afternoon.

The two homegrown stalwarts of Rafael Benitez's Liverpool team had two years remaining on their previous contracts, signed after the club's Champions League triumph of 2005.

After reaching the Champions League final again last month, Gerrard says the aim now is to translate their European success on to the domestic stage.

"I'm just pleased to get it out of the way and we can look forward to next season now," said Gerrard, who has set his sights on ending Liverpool's 17-year wait for the domestic championship.

"We have both signed for four years and I am sure they are going to be four exciting years," added the England midfielder.

"I don't see why we can't go from strength to strength and win a load more trophies, not just the Premiership but more cups as well.

"Having said that, we can't get away from the fact that the Premiership is the one we want," he told the club's Web site.