European champions Arsenal shattered the women's transfer record by signing Canadian forward Olivia Smith from Liverpool on Thursday, for a fee of £1million (€1.15m), making the 20-year-old the first female player to break the seven-figure barrier.

Arsenal's blockbuster move eclipses the previous record set by American defender Naomi Girma's £900,000 transfer from San Diego Wave to Chelsea in January, although the 25-year-old had already broken the one million dollar mark.

"It's my dream to compete for the biggest titles here in England and in Europe and I’m excited to get started and contribute to doing that here with Arsenal," Smith said in a statement.

Smith joins Arsenal for world record £1m fee	Smith joins Arsenal for world record £1m fee	Olivia Smith: Arsenal Women sign Liverpool striker in world-record £1m transfer

The versatile Smith, who can operate as a striker or play on the wing, enjoyed a stellar debut season at Liverpool despite the club's struggles.

Smith finished as Liverpool's leading scorer across all competitions with nine goals to claim their player of the season award, even as Liverpool slumped to seventh in the Women's Super League after a fourth-placed finish the previous campaign.

Katie McCabe's Arsenal are building on their Champions League triumph with ambitious recruitment having already bolstered their squad by re-signing Chloe Kelly from Manchester City as a free agent.

But securing Smith represents a statement of intent from Renee Slegers's side, who finished as runners-up to Chelsea in the league.


For more news relating to Chelsea, visit our sister site Chelsea Latest Live.