The Liverpool midfielder is due to call time on a glittering career at Anfield at the end of the season, when his current contract expires.
A deal has been agreed to take the former England captain to America, with MLS champions LA Galaxy moving quickly to secure his services.
They are delighted to have acquired a player that will aid their efforts to remain competitive on the field, while generating plenty of interest off it.
Klein has also pointed out that no interest in returning to English football in January 2016, possibly at Liverpool, has been expressed by any of the parties involved in move talks.
He told Sky Sports News HQ: “He’s strictly LA Galaxy. We’ve never had a conversation with Stevie or his agent about any sort of loan. We’re excited to have him here in July to help us strive for another championship in 2015.
“This was a decision to help us win another title, and immediately - coming in, filling a need we had in the centre of our midfield, being a good pro around the young kids we’re trying to bring up. First and foremost this was a soccer decision and we’re just thankful that all of the other stuff comes with it.”
Gerrard has spent his entire career to date with Liverpool and would find it difficult to turn out for any other Premier League club, according to the BBC.
He is also 34 years of age and will want to give his all in any new challenge he takes on, rather than split his time between two countries.
LA Galaxy are happy to have seen him commit his future to them and will be hoping that he can make a similar impact in the States as his ex-England colleague David Beckham.