Liverpool are discussing the prospect of re-signing Chelsea flop Fernando Torres. The Mail on Sunday says Liverpool are seriously considering a January move for Torres.

However, they could face competition from Atletico Madrid, the club where the Spaniard started his career.

Torres is currently on a two-year loan from Chelsea to AC Milan, but it has been widely reported in Italy that the Serie A side want to end the deal due to the striker's lack of form and goals. He has scored just once in 10 games.

Liverpool may take the 30-year-old on loan with a view to a permanent move.