Here, Press Association Sport looks at a selection of the social media tributes that have been paid to one of the club's greatest ever players:
"The greatest player to ever wear a Liverpool shirt. Wish I was there to share his last moments and season with the club. He's taught me a lot about football on and off the field and made me feel welcome at the club on my first day when I was nervous and had no idea what to expect. As the saying goes you don't know what you've got till its gone but for me we already know what we'll miss" - Daniel Sturridge
Former Liverpool team-mate Luis Suarez was also quick to praise Gerrard.
Alessandro Del Piero, quite the revered legend himself, had warm words of praise.
source:eurosport