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
Pound sign the Turkmen Latin alphabet. Pound sign The pound sign (£) is the symbol for the pound sterling—the currency of the United Kingdom and previously of Great Britain and the Kingdom of England. The same symbol is used for similarly named currencies, such as the Gibraltar pound, the Egyptian pound, the Syrian pound, etc. It is also sometimes used for currencies named "lira", for example the now withdrawn Italian lira. The symbol derives from a capital "L", representing "libra pondo", the basic unit of weight in the Roman Empire, which in turn is derived from the Latin word, "libra", meaning scales