Fernando Torres transfer latest: Striker's return could be off after Atletico Madrid struggle to reach £20m price tag
Spanish champions are finding it tough to raise the money Chelsea want
Tuesday 22 July 2014
Fernando Torres’ return to Atletico Madrid may be off after the Spanish champions revealed that they are struggling to come up with the sufficient funds to sign the Chelsea forward.
Atletico’s chief executive Miguel Angel Gil has reportedly made a £12.5million bid for Torres but Chelsea are holding out for a sum closer to the £20m mark.
READ MORE: Tiago rules out Chelsea return as he signs Atletico extension
As Ivanovic is forced to play up front, Drogba could be about to return
Lampard set to complete New York move next week
The 30-year-old's wage demands may also price the Spaniards out of a potential move, with Torres said to be unwilling to take a pay cut on his current deal, reportedly worth £8m a year.
Chelsea paid Liverpool £50m for the centre-forward three years ago and are eager to recoup some of that total.
Video: The latest transfer news
Torres scored over 90 goals across a seven year career at Atletico before joining Liverpool in 2007 and coach Diego Simeone has mentioned previously that the player would be welcomed back at the Vicente Calderon Stadium.
The two teams have already had a lot of interaction in this summer’s transfer window, with the deals of Diego Costa and Filipe Luis being finalised recently.
Chelsea allegedly offered Romelu Lukaku to the La Liga champions but Simeone isn’t interested in the Belgian.
Torres scored just five goals in 28 Premier League games last term.
Latest in Sport
Arsenal vs Chelsea player ratings: Was Alex Oxlade-Chamberlain the star as the Gunners ended their Jose Mourinho hoodoo?
Cristiano Ronaldo buys agent Jorge Mendes a whole Greek island as a wedding present
Manchester United and Adidas branded 'sexist' and 'discriminatory' as women's shirt features plunging neckline and different design
Pedro to Manchester United: Louis van Gaal says £22m winger can turn Manchester United into champions
Michael Owen quickly becomes a top Twitter trend after being widely criticised for 'boring' commentary during Arsenal vs Chelsea
- 1 Sabrina Corgatelli: US hunting tourist posts picture of herself with dead giraffe after Cecil the lion outrage
- 2 Katie Hopkins reveals fear she will die during brain surgery to cure epilepsy
- 3 Edward Heath 'child sex abuse' allegation: Investigation to be held into Wiltshire police handling of alleged claim in the 1990s
- 4 Dutch King Willem-Alexander declares the end of the welfare state
- 5 Tom Cruise: Reporters banned from asking actor about Scientology
Yvette Cooper: Our choice is years of Tory rule under Jeremy Corbyn – or a return to a Labour government
Is Britain really full up? Are migrants taking our jobs? Leading academic answers the most common anti-immigration claims
Calais Migrant Crisis: Deputy Mayor of Calais labels Cameron's use of 'swarm' as 'racist' and 'ignorant'
Chris Leslie: Jeremy Corbyn's anti-austerity agenda will harm the poor, says Labour shadow Chancellor
While we fixate on Calais, the Home Office is quietly deporting dozens of migrants on 'ghost flights'
Landlords renting properties to illegal immigrants to face up to five years in prison