Kyle Walker completed his move to Manchester City from Tottenham Hotspur in a deal worth an initial £45 million on Friday afternoon, as reported by the BBC.
The 27-year-old began his career at Sheffield United before moving to Spurs in 2009. The right-back, who has 27 caps for England, could become the most expensive English player, with the future add-ons taking the fee to the £50 million mark.
Walker is a Sheffield United fan and made 35 appearances for the Blades, after making his debut aged just 18.
Kyle Walker made 35 appearances for Sheffield United
This move is just as significant for the Blades, who have a 10% clause on any of the profit made on Walker, as reported by the Star. Walker, moved to White Hart Lane for £5 million (Yorkshire Post), and this entitles United to a potential windfall of £4.5 million.
This will prove to be a significant amount of money for United, who have chosen to be cautious with their transfer dealings so far this summer. While a prudent approach is a sensible move, this money should be reinvested into the squad.
Blades boss Chris Wilder has so far added Ched Evans, Nathan Thomas, George Baldock and Richard Sterman to the ranks, with the club preparing for their first season back in the Championship following their six-year absence.
While Wilder will be keen to give the current group of players the chance to prove their worth in England's second-tier, more recruits will be needed if they want to comfortably avoid a relegation battle.
The funds generated from the Walker sale can potentially prove the difference between a season-long relegation slog or a comfortable mid-table finish.
One or two marquee signings will not go amiss at Bramall Lane and will undoubtedly fill their supporters with much more confidence for the upcoming season.