Arsenal is set to make Liverpool’s Olivia Smith the first £1 million transfer in women’s football, marking a historic moment for the sport. The Gunners have reportedly agreed to a world-record fee with Liverpool for the 20-year-old Canadian forward. This transfer surpasses the previous record of $1.1 million paid by Chelsea for U.S. defender Naomi Girma in January 2025.

Smith’s move to Arsenal is a significant investment, highlighting the growing value and recognition of talent in women's football. Just a year ago, Liverpool signed Smith from Sporting CP for approximately £200,000, a club-record fee at the time. Now, they are set to receive five times that amount. Liverpool were initially reluctant to let go of their player of the season but found Arsenal's offer too compelling to refuse.

Olivia Smith had an impressive debut season with Liverpool, scoring seven goals in 20 Women's Super League (WSL) appearances. Her performances quickly established her as a key player for the team. Smith's contributions accounted for nearly a third of Liverpool's league goals, showcasing her impact on the field. Her talent and potential have attracted interest from several top clubs, including WSL champions Chelsea. However, Arsenal has emerged as the frontrunner, securing her signature with this groundbreaking deal.

Arsenal's pursuit of Smith aligns with their strategy to strengthen their squad and maintain their competitive edge. The club is aiming to build on their recent success, including winning the Champions League. In addition to Smith, Arsenal has also signed Chloe Kelly from Manchester City and Taylor Hinds from Liverpool. These additions reflect Arsenal's commitment to investing in top-tier talent and creating a formidable team.

Smith's journey to this historic transfer has been remarkable. Before joining Liverpool, she played for Sporting CP, where she was recognized as both Player of the Year and Rookie of the Year in Liga BPI. Her early career also included stints with North Toronto Nitros and Penn State University. Smith's international career with Canada has seen her make 18 senior team appearances, scoring three goals and providing three assists.

This transfer signifies the increasing professionalization and financial growth of women's football. The breaking of the £1 million barrier is a symbolic moment, mirroring the landmark transfer of Trevor Francis to Nottingham Forest in men's football in 1979. As women's football continues to gain popularity and attract investment, player values are expected to rise further.

The move is still pending a medical, which Smith is expected to complete in the coming days. Once finalized, she will join Arsenal's squad, adding her speed, technique, and vision to their attacking options. Her arrival is anticipated to bolster Arsenal's chances of competing for major titles in both the Women's Super League and in Europe.