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Liverpool ready to spend £50m as Fernando Torres nears Chelsea move

Liverpool have lined up a remarkable £50m worth of transfers for deadline day as they prepare for life without Fernando Torres. The plan includes moves for Ashley Young, Charlie Adam and Luis Suárez.

Chelsea are willing to pay cash to bring the disaffected Torres to Stamford Bridge in what would be a record transfer between two British clubs, although not the £50m that Liverpool are seeking, which equates to the release clause in the 26-year-old's contract should the Anfield club fail to qualify for the Champions League this season.

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guardian.co.uk
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