Chelsea are to make a £40m bid for Torres, having had an initial bid of about £35m rejected, and will throw in young striker Daniel Sturridge as an extra.
Full story: The Guardian Alternatively, the Blues are preparing to make a British record £60m offer for the Spain international.
Full story: Daily Mirror Times football editor Tony Evans says he believes Torres will join Chelsea before the transfer window closes on Monday.
Full story: talkSport Chelsea's proposed new deal for Torres will make him the club's highest-earning player.
Full story: the SunChelsea are also chasing Real Madrid winger Pedro Leon, 24, who joined the Spanish side from Getafe last summer for 10m euros.
Full story: Insidefutbol.com Tottenham have had a new improved £25m bid for Newcastle's 22-year-old striker Andy Carroll turned down by the Magpies. Full story: the Sun However, Spurs would have to up their offer to £30m if they want to sign the England forward. Full story: Goal.com Tottenham boss Harry Redknapp has urged the club's board to break the bank to hold on to Gareth Bale. Full story: Daily Mail Spurs are ready to offer £8m plus striker Robbie Keane for West Ham's 30-year-old midfielder Scott Parker. Full story: Daily Mirror Ajax goalkeeper Maarten Stekelenburg is Manchester United manager Sir Alex Ferguson's main target as he looks to replace Edwin van der Sar.
Full story: The Guardian Chelsea may make a renewed bid for Bolton defender Gary Cahill after an Ars*nal overture for the player has come to nothing.
Full story: Metro Blackpool have rejected an improved Liverpool bid for midfielder Charlie Adam.
Full story: Liverpool Echo Adam's father, also called Charlie, claims Blackpool's decision to turn down the offer is a "revenge" attack because the Tangerines' skipper took the club to a tribunal over the bonus they owed him.
Full story: Daily Mirror Manchester City goalkeeper Shay Given, 34, is so desperate to play first-team football that he is willing to drop down to a Championship club.
Full story: Daily Mail Mexico midfielder Efrain Juarez is poised for a loan move to Italian Serie A club Brescia after only six months with Celtic. (the Sun)
Scotland winger Kris Commons says Rangers were never in the running to sign him from Derby County before his move to Celtic. (Various)
Rangers had been tracking Kris Commons for two years, but budget constraints meant they could not meet the Scotland winger's contact demands. (Daily Mail)
Kris Commons says former Celtic and Rangers striker Kenny Miller convinced him to move to Parkhead instead of Ibrox from Derby County. (Various)
Birmingham City are likely to take up the option to extend James McFadden's contract at the end of the season, but the Scotland forward wants to return to Motherwell one day and end his career there. (the Sun)
West Brom have dismissed claims that Scotland midfielder Graham Dorrans is moving to Blackburn Rovers for £8m. (Daily Record)
Ajax defender Timony van der Meulen is training with Dundee United and the Dutchman can move for free if he receives an offer from another club. (Various)
Sunderland have given Spanish side Real Zaragoza permission to talk to 30-year-old Paraguay international Paulo da Silva, who has struggled to make an impact at the Premier League club
. Full story: Press AssociationWest Ham United co-owner David Gold says it was never on the club's agenda to sack manager Avram Grant.
Full story: The Daily Telegraph Ars*nal's Jack Wilshere will be the lynchpin of England's next generation, national team boss Fabio Capello says.
Full story: Daily Star Hearts owner Vladimir Romanov has flown into Scotland from Lithuania to question manager Jim Jefferies about the midweek 4-0 defeat by Celtic. (Various)
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