Progression of the British football transfer fee record lagged behind those paid by clubs in Italy, France and Spain to take British players abroad until 1995, when Manchester United paid Newcastle United £7,000,000 for Andy Cole. The fees paid by the Premier League's top clubs began to increase at a rapid rate, with Alan Shearer commanding the first £15,000,000 fee in 1996, and the new millennium heralding the first £30,000,000 transfer, although sources differ as to whether this barrier was broken by Rio Ferdinand's move to Manchester United in 2002 or Andriy Shevchenko's transfer to Chelsea four years later for some reason, however Veron' s transfer to United
Progression of the British football transfer fee record sum which caused a national sensation and outrage amongst the football authorities. The £5,000 mark was first reached in 1922 when Falkirk paid that amount for West Ham United's Syd Puddefoot, and six years later Arsenal paid the first ever £10,000 fee to acquire David Jack of Bolton Wanderers. After the Second World War, the spending power of clubs in mainland Europe outstripped that of British clubs for the first time, resulting in several substantial jumps in the transfer record. John Charles became the first British player to command a fee of £50,000 when he joined Juventus in 1957, and