Progression of the British football transfer fee record to £142 million with various clauses being met. Progression of the British football transfer fee record The progression of the British football transfer fee record tracks the increases in the record for the highest transfer fee paid or received by British association football clubs. A transfer fee is the sum of money paid by one club to purchase the contract, and therefore the playing services, of a professional footballer. Fees are not generally formally disclosed by the clubs involved, and discrepancies can occur in figures quoted in the press. Trevor Francis, for example, is regarded as Britain's first £1m player
Transfer (association football) by an English club came in the summer of 1988, when Tottenham Hotspur signed Paul Gascoigne from Newcastle United. Within weeks of Gascoigne's transfer, the national record was broken again when Tony Cottee moved from West Ham United to Everton for £2.2 million, and again shortly afterwards when Ian Rush returned to Liverpool from Juventus for £2.8 million. In the space of two months in the summer of 1992, three transfers broke the record, all by Italian clubs: Jean-Pierre Papin transferred from Marseille to Milan, becoming the world's first ever £10 million player. Almost immediately, rivals Juventus topped that with