At the beginning of the Premier League in 1992-93, just 11 players were foreign. In 2000-01, the number of foreign players participating in the Premier League was 36 per cent. In the 2004-05 season the figure had increased to 45 per cent. On 14 February 2005, Arsenal were the first to name a completely foreign 16 man squad for a match. Alan Shearer became the first British player to command a transfer fee of more than £3 million. The record rose progressively in the Premier League's first few seasons, until Alan Shearer made a world record breaking £15 million move to Newcastle United in 1996.
This stood as a British record for four years until it was eclipsed by the £18 million Leeds paid West Ham for Rio Ferdinand. Manchester United subsequently broke the record three times by signing Ruud van Nistelrooy, Juan Sebastian Veron and Rio Ferdinand. In May 2006, Chelsea broke the record reported as being around £30 million. On 1 September 2008, Manchester City's transfer of Robinho from Real Madrid broke the record for £32.5 million. Manchester United accepted an £80 million bid from Real Madrid for Cristiano Ronaldo in 2009.
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