The Sun says the striker is demanding a six-year deal worth £31.2million to join Liverpool.

The Atletico Madrid star, 23, is yet to hold talks with Kop boss Rafa Benitez as his advisors hold out for £100,000-a-week.

The astonishing package for the striker will amount to £57.9m, including the £24m transfer fee.

Atletico want Liverpool to pick up a £2.7m tab for a pay-off Torres is due under the terms of his contract.

Benitez risks losing his No1 summer target to Inter Milan if his board baulk at the demands. The Italian giants have had a £27m bid accepted for the Spain ace.

And although Torres favours Liverpool, the Inter offer is being used as a bargaining tool by his agents Bahia International.

A Bahia source said: "He'll only leave Atletico if the club, and the offer, is absolutely right for him."