On 27 January, Torres was the subject of a £40 million bid from Chelsea, which was rejected by Liverpool.  He subsequently handed in an official transfer request to Liverpool the next day, which was rejected. Torres completed his move to Chelsea on a five-and-a-half year contract on 31 January for an undisclosed fee reported to be £50 million, which set a new record for a British transfer and made him the fourth most expensive footballer in history.

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