"I'm absolutely delighted to have another season in red. I really enjoy my time here with the club and after a brilliant last season I'm looking forward to pushing on," Fahey told Liverpool's website.
"The offer to do some coaching - Beardy spoke with me and I'm so grateful for this opportunity to learn off everyone and get my ideas as well how things work off the pitch," Fahey continued.
"It's amazing [to sign a new contract], I love the club, I love the fans, and I love the people," Kiernan said. "Liverpool is home for me, I'm just really enjoying myself here."
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