1987–88 in English football The "Today" newspaper cancels its sponsorship of the Football League after just one year, and less than two weeks before the new season is due to begin. 6 August 1987 – Peter Beardsley becomes the most expensive player to move between British clubs when he joins Liverpool in a £1.9 million deal from Newcastle United. Britain's first million-pound player, Trevor Francis, returns to Britain when Graeme Souness signs him for Rangers in a £70,000 deal from Atalanta of Italy. 7 August 1987 – Portsmouth midfielder Mick Kennedy is fined £5,000 for claiming in a national newspaper that he was "the
Coins of the pound sterling abbreviation for the old penny, d, was derived from the Roman "denarius", and the abbreviation for the shilling, s, from the Roman "solidus". The shilling was also denoted by the slash symbol, also called a solidus for this reason, which was originally an adaptation of the long s. The symbol "£", for the pound, is derived from the first letter of the Latin word for pound, "libra". A similar pre-decimal system operated in France, also based on the Roman currency, consisting of the "livre" (L), "sol" or "sou" (s) and "denier" (d). Until 1816 another similar system was used in