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
Sergio Torres at £150,000. The move to Peterborough was not a success, with Torres even considering returning to Argentina and consulting a sports psychologist after not being selected or being played out of position. He was transfer listed by the club following their promotion to the Championship and subsequently joined Lincoln City on a one-month loan on 17 September 2009. On 28 October 2009 Torres signed for Lincoln until January. He was transfer listed again by Peterborough at the end of the 2009–10 season. In July 2010, Torres joined Crawley Town on a two-year contract. The transfer fee was not disclosed, but