Progression of the British football transfer fee record in 2001 was £38m. On 1 September 2008, Manchester City agreed a reported £32,500,000 fee for Robinho, which remained the record amount paid by a British club until 31 January 2011, when Liverpool paid £35,000,000 for Andy Carroll from Newcastle United, which was also a new record amount paid for a British player. A few hours later, the record amount paid by a British club was broken again when Chelsea paid £50,000,000 for Fernando Torres from Liverpool. On 11 June 2009, Manchester United announced that they had accepted an £80,000,000 bid from Real Madrid for Cristiano Ronaldo. The transfer was
Rafael Benítez his club's new owners had to back him in the transfer market in order for Liverpool to progress following his side's 2–1 loss to Milan in the final. It was reported Benítez did not feel he had the complete support of the new owners, a thought that was compounded by Liverpool's initial lack of activity in the transfer window, although the club played these rumours down. Benítez's spending was, eventually, significant, breaking Liverpool's transfer record when signing Spanish striker Fernando Torres from Atlético Madrid as well as signing Ryan Babel, Yossi Benayoun, Lucas Leiva and Andriy Voronin. Among those Benítez