Chamberlain will join Leeds on a youth loan until 31st October.
The 18-year-old has been brought in by Leeds as cover for the injured Kasper Schmeichel.
Chamberlain is highly rated at Anfield and has managed to break into Liverpool’s reserve side.
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Since Guus Hiddink arrived at the helm, Chelsea have improved considerably after a tricky start to the campaign.
Newcastle United are staring down the barrel of relegation to the Championship for the second time in the past eight years.