The Reds are desperate to keep the Spaniard at the club and new manager Roy Hodgson is ready to reject a recent £30million bid from Chelsea for the 26-year-old.
“It seems Liverpool are trying to price Torres out of the market,” said a source to the Sunday Mail. “The impression they gave is that Torres is going nowhere.”
Manchester City have also been linked with a move for Torres, but the former Atletico Madrid is unlikely to be interested in a move to Eastlands.
“Torres won’t go to City because they cannot give him what he wants, which is to try to win a European Cup medal,” added the insider.