Summary

The first player to ever be transferred for a fee of over £100 was Scottish striker Willie Groves when he together with Jack Reynolds (£50) made the switch from West Bromwich Albion to Aston Villa in 1893, eight years after the legalisation of professionalism in the sport. It took just another twelve years for the figure to become £1000, when Sunderland striker Alf Common moved to Middlesbrough. It was not until 1928 that the first five-figure transfer took place. David Jack of Bolton Wanderers was the subject of interest from Arsenal, and in order to negotiate the fee down, Arsenal manager Herbert Chapman got the Bolton representatives drunk. Subsequently, David Jack was transferred for a world record fee when Arsenal paid £10,890 to Bolton for his services, after Bolton had asked for £13,000, which was double the previous record made when Sunderland signed Burnley's Bob Kelly a fee of for £6,500.

The first player from outside Great Britain to break the record was Bernabé Ferreyra, a player known as La Fiera for his powerful shot. His 1932 transfer from Tigre to River Plate cost £23k, and the record would last for 17 years (the longest the record has lasted) until it was broken by Manchester United's sale of Johnny Morris to Derby County for £24k in March 1949. The record was broken seven further times between 1949 and 1961, when Luis Suárez Miramontes was sold by Barcelona to Inter Milan for £152k, becoming the first ever player sold for more than £100k. In 1968, Pietro Anastasi became the first £500k player when Juventus purchased him from Varese, which was followed seven years later with Giuseppe Savoldi becoming the first million pound player when he transferred from Bologna to Napoli.

After Alf Common and David Jack, the third player to twice be transferred for world record fees is Diego Maradona. His transfers from Boca Juniors to Barcelona for £3m, and then to Napoli for £5m, both broke the record in 1982 and 1984 respectively. In the space of 61 days in 1992, three transfers broke the record, all by Italian clubs: Jean-Pierre Papin transferred from Marseille to A.C. Milan, becoming the first ever £10m player. Almost immediately, rivals Juventus topped that with the signing of Gianluca Vialli for a fee of £12m from Sampdoria. Milan then completed the signing of Gianluigi Lentini for a fee of £13m which stood as the record for three years.

The 1996 transfer of Alan Shearer from Blackburn Rovers to Newcastle United, for a fee of £15m, kickstarted a year-by-year succession of record breaking transfers: Ronaldo moved the following year to Inter Milan from Barcelona for a fee of £17m, which was followed in 1998 by the shock transfer of his fellow countryman Denílson from São Paulo to Real Betis for a fee of approximately £21m. In 1999 and 2000, Italian clubs returned to their record-breaking ways, with Christian Vieri transferring from Lazio to Inter Milan for £28m, while Hernán Crespo's transfer from Parma to Lazio ensured he became the first player to cost more than £30m. The transfer prompted the BBC to ask "has the world gone mad"? It took two weeks for the record to be broken when Luís Figo made a controversial £37m move from Barcelona to rivals Real Madrid. A year later, Real increased the record again with a signing of Zinedine Zidane for £48 million (150 billion lire).

Zidane's record stood for 8 years, the longest since the 1940s. Real Madrid continued with the Galácticos policy by buying Kaká from Milan for €67 million (£56 million), which was the world record in pound sterling. However, both world record in euro and in pound sterling were broken by Real themselves when signing Cristiano Ronaldo for £80m (€94m) from Manchester United in the same transfer window, Four years later Real Madrid broke the record again after completed the signing of Gareth Bale from Tottenham Hotspur in 2013. Although Real initially insisted that the transfer cost €91.59 million, slightly less than the Ronaldo fee, the deal was widely reported to be around €100 million (around £85.1 million). Documents leaked in 2016 by Football Leaks revealed that instalments brought the final Bale fee up to a total of €100,759,418. In 2016, Manchester United eventually took the record away from Real Madrid, signing French midfielder Paul Pogba for €105 million (£89 million), four years after having released him to Juventus for training compensation.

A year after the Pogba transfer, however, there was a major jump in the record fee. Paris Saint-Germain matched the €222 million buyout fee of Barcelona's Neymar, converted to a reported £198 million by different sources, or £200 million more than double the previous record. This was the first time that the record fee was paid by a French club.

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