Andy Carroll immediate promotion back to the Premier League in the process. He continued to play for Newcastle in the Premier League, scoring 11 goals in 19 appearances. Carroll signed for Liverpool on the last day of the transfer window on 31 January 2011 for a fee of £35 million, at the time the highest amount paid for a British footballer. Carroll was bought to replace Fernando Torres, who moved from Liverpool to Chelsea on the same day for a fee of £50 million. An injury sustained in December delayed his Liverpool debut until March 2011, and he scored his first two
History of Liverpool F.C. (1985–present) businessmen George Gillett and Tom Hicks bought the club, in a deal which valued it and its outstanding debts at £218.9 million. Liverpool once more came third in the league, this time 21 points behind Manchester United. They went out of both domestic cup competitions to Arsenal, but reached the 2007 UEFA Champions League Final where they again faced Milan. Unlike 2005, Liverpool were unable to recover from going behind, and lost the match 2–1. During the summer, Benítez strengthened his team by signing Fernando Torres for a club record £24 million, and midfielders Ryan Babel and Yossi Benayoun. They