Manchester City, Real Madrid and Barcelona have all been linked with the Spain international.
Torres has been linked with a move away from the Reds after the club failed to qualify for next season’s Champions League.
Jose Antonio Peton told Punto Radio in Spain: “For the moment I can assure fans that Fernando will continue at Liverpool next season.
“Everything is down to Liverpool’s attitude but for the time being Fernando is happy at the club and has a good contract.
“Liverpool have not spoken to us about his future, so he is just concentrating on playing at the World Cup.”
