Chelsea smashes British transfer record with Torres signing

Chelsea smashed the British transfer record in signing Fernando Torres for a reported 50 million pounds (C$80.1 million) from Liverpool on Monday. The Spain striker signed a 5 ½-year contract at Chelsea in a move described by Liverpool as a British record.

Source: http://www.cbc.ca/sports/soccer/story/2011/01/31/sp-fernando-torres.html?ref=rss