Gerrard told the club's website that, "This has been the toughest decision of my life and one which both me and my family have agonized over for a good deal of time." Gerrard has played 695 times for Liverpool.
He later added that, "I am making the announcement now so that the manager and the team are not distracted by stories or speculation about my future."
Gerrard will continue to play football, just not in the English premier league. Italian journalist Gianluca di Marzio reported that U.S. club LA Galaxy are interested in signing the Liverpool midfielder.
"I'm going to carry on playing and although I can't confirm at this stage where that will be, I can say it will be somewhere that means I won't be playing for a competing club and will not therefore be lining up against Liverpool -- that is something I could never contemplate."
Tributes from other professionals have made news, particularly that from Kenny Daglish - a fellow Liverpool icon - has shared his thoughts.
"When I think about Steven Gerrard's career at Liverpool, I am filled with gratitude. I don't want to single out one goal or one performance. I just want to say I feel lucky that he was a Liverpool player and that I saw him play." He wrote in his column in the Daily Mirror
Tweets from fans, other players and his teammates have flooded twitter; it is now a trending topic in Belgium (all cities), Paris, United Kingdom (all cities), Denmark (all cities), Norway (all cities), Austria (all cities), Australia (all cities), New Zealand (all cities), Madrid, Mexico (all cities) and Barcelona.
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