Wilfried Bony's reported £28million fee from Swansea to Manchester City is the joint seventh highest transfer between two British clubs.
We look at the previous deals and how they worked out.
1 Fernando Torres - Liverpool to Chelsea, £50m
The Spanish striker appeared to have the world at his feet when he reached 50 league goals faster than any player in Liverpool's illustrious history. Torres scored 81 goals in 142 games for Liverpool but he never recaptured that form after Chelsea owner Roman Abramovich made him English football's most expensive signing in January 2011. His goals return dropped alarmingly in London as he scored only 20 times in 110 league games, and he headed to Milan in August 2014, signing a permanent deal there this month before rejoining his first club Atletico Madrid on loan.
2 Juan Mata - Chelsea to Manchester United, £37.1m
Take away some reports of Carlos Tevez's £47m move across Manchester (City insisted it was closer to £25m) and playmaker Mata is second on the list of domestic transfers. Mata proved an instant hit after joining Chelsea from Valencia for £23.5m in August 2011 and won the Champions League in his first season at Stamford Bridge. He was twice named Chelsea's player of the year but, following Jose Mourinho's arrival in the summer of 2013, he spent a lot of time on the bench and was subsequently sold to Manchester United, where he has scored 11 goals in 34 games, although the jury remains out on the Spaniard.
3 Andy Carroll - Newcastle to Liverpool, £35m
Geordie striker Carroll was signed by Liverpool for a club-record fee following the departure of Fernando Torres to become the most expensive British player, but his impact at Anfield was limited. Carroll managed only 11 goals in 58 games after being signed by Kenny Dalglish and it soon became clear that he did not fit into his successor Brendan Rodgers' plans. He joined West Ham, first on loan in August 2012 and then on a £15m deal the following summer, but an injury-hit stay at Upton Park has brought only 13 goals in 50 league appearances.
4 Dimitar Berbatov - Tottenham to Manchester United, £30.75m
United manager Sir Alex Ferguson had been a long-time admirer of Bulgaria striker Berbatov who became a cult hero at Tottenham after scoring 46 goals in 102 appearances following his £10.9m transfer from Bayer Leverkusen. Ferguson made his move in August 2008 but Berbatov's languid style never fitted United's high-tempo game, even though he was a member of the 2010-11 PFA team of the year and shared the Premier League Golden Boot award after scoring 21 goals. Eventually shipped out to Fulham for £5m in August 2012 and now at French club Monaco.
5= Rio Ferdinand - Leeds to Manchester United, £30m
England defender Ferdinand was the most expensive acquisition in British transfer history when he crossed the Pennines to leave Leeds for Manchester United after starring at the 2002 World Cup. Undoubtedly the most successful of those players who have switched English clubs for £30m or more, the elegant centre-back, who was first schooled at West Ham, won six Premier League titles and one Champions League crown in his 11 years at Old Trafford. Ferdinand made 453 appearances for United before joining QPR on a free transfer in the summer of 2014.
5= Luke Shaw - Southampton to Manchester United, £30m
Shaw completed his remarkable rise from Southampton trainee to the most expensive teenager in British football history when he joined Manchester United in June 2014. The dashing left-back impressed so much under Mauricio Pochettino at Southampton that he ended up forcing his way into Roy Hodgson's England squad for the 2014 World Cup in Brazil. Injuries have restricted his progress at Old Trafford since his summer move and he has made only nine starts in the Premier League, but he does not turn 20 until July and has plenty of time on his side.
7 = Romelu Lukaku - Chelsea to Everton £28m
The Belgium frontman started only once for Chelsea in the league after his £18m switch from Anderlecht in 2011 but he enjoyed successful loan spells at West Brom (2012-13) and Everton (2013-14), where he scored a combined total of 33 goals in 71 appearances. Did not fit the central striking bill for Jose Mourinho and Everton were keen to turn last season's loan deal into a permanent one. They did so by paying a club-record fee and, after a slow start where he often struggled to replicate the form he showed while on loan, he has finally begun to hit his stride in recent weeks.
7 = Wilfried Bony - Swansea to Manchester City £28m
Took a circuitous route into the Premier League via Sparta Prague and Vitesse Arnhem, but Swansea certainly had their money's worth after shelling out a club-record £12m to the latter in the summer of 2013. The Ivorian was slow to settle in south Wales, with then-Swansea manager Michael Laudrup having concerns over his fitness, but Bony's scoring instincts were soon on show and he scored 34 goals in 70 appearances for the club. Finished 2014 as the Premier League's top scorer with 20 goals to earn his big-money move to Manchester City.
Manchester City have agreed a £25m fee, rising to £28m, for Swansea City's Wilfried Bony but were at the centre of new questions about financial transparency last night over two subsidiary companies whose heavy financial losses may help the club avoid again falling foul of UEFA's financial fair play regime.