(CNN)  -- Fernando Torres' highly-anticipated switch to English champions Chelsea was completed just before Monday transfer window closed in a deal that his former team Liverpool said had broken the British record. Chelsea's website reported that the Spain striker had signed a five-and-a-half-year contract, but did not disclose the fee -- which British media speculated would be about £50 million ($80 million). However, it was still well short of the world-record $130 million that Spain's Real Madrid paid English club Manchester United for Cristiano Ronaldo in 2009. In another deal confirmed late on Monday, Benfica said that Brazil defender David Luiz had joined Chelsea in a deal worth $34 million that saw Serbian midfielder Nemanja Matic sign for the Portuguese club.
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NEW: Chelsea sign Spain striker Fernando Torres from English rivals Liverpool
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English clubs agree undisclosed fee which reportedly smashed British transfer record
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Chelsea also sign Brazil defender David Luiz from Portuguese club Benfica
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Liverpool complete club-record deal for Newcastle's England striker Andy Carroll
"Having played against Chelsea many times since coming to @placeholder, and in some very big games I will never forget, I know there are many great players here and I will work hard to win a place in the team.