Fernando Torres January 2011. On 27 January 2011, Torres was the subject of a £40 million bid from Chelsea, which was rejected by Liverpool. He subsequently handed in an official transfer request to Liverpool the next day, which was rejected. Torres completed his move to Chelsea on a five-and-a-half-year contract on 31 January 2011 for an undisclosed fee reported to be £50 million, which set a new record for a British transfer and made him the sixth most expensive footballer in history. He made his Chelsea debut on 6 February 2011 in a 1–0 home defeat to former club Liverpool. On 23
Transfer (association football) May 2013, when the club were taken over by Stewart Day and the loans were repaid, at which point the club had been relegated to League Two and been forced to released 16 players. In 2013, English team Watford received a five-month transfer ban for breaching football rules during the period of September 2011 until former owner Laurence Bassini sold the club to Giampaolo Pozzo in June 2012. Watford and Bassini were found guilty of failing to inform the football authorities about financial agreements set up with a company called LNOC, in particular their role in the transfer of Danny