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
Fernando Torres conference in Madrid on 4 July to bid farewell to the Atlético fans, before completing his move to Liverpool on a six-year contract. The transfer fee was the highest in Liverpool's history. In March 2008, manager Rafael Benítez stated in an interview with "The Times" that Torres was acquired for around £20 million, although this figure takes into account García's move to Atlético. Torres made his competitive debut for Liverpool against Aston Villa in a 2–1 win on 11 August 2007. He made his first appearance in the UEFA Champions League four days past his first performance in a 1–0