Chelsea have completed the signing of Spanish striker Fernando Torres from rival Premier League club Liverpool for a British record fee.
Torres has signed a five and a half year contract reported to be in the region of 50 million pounds, or just over $100 million.
That eclipses the 35 million pounds, or $72 million, that Liverpool paid for Newcastle United's Andy Carroll earlier on transfer deadline day, which was also a UK record.
Liverpool agreed to sell Torres to Chelsea and buy Carroll as a replacement after Carroll handed in a transfer request.
Newcastle had rejected two previous offers of around 30 million pounds ($NZ62 million). The Tyneside giants released a statement saying the accepted deal would be worth a British record, beating the previous record of 32 million pounds ($NZ66 million) set when Manchester City signed Robinho from Real Madrid.
Torres had a transfer request rejected on the weekend after two previous Chelsea bids were snubbed by the Reds, whose coach Kenny Dalglish also added prolific Uruguay forward Luis Suarez for almost $47 million.