Reports in the Sunday newspapers have suggested that the Blues are planning to make a move for the Spaniard this summer.
Ancelotti told Independent Sport, when aksed if they had made an approach for Torres: “No, I don’t think so, because with (Didier) Drogba and (Nicolas) Anelka it’s too similar.
“Torres is a fantastic player but it’s better to grow players with this ability in the academy. We have a very good squad for next season.
“It’s not an old team, we have players with experience, ability and skills. After the FA Cup final we will have a meeting with Roman (Abramovich) and take a decision about next season.”
