Read more: Daily MailAtletico Madrid are considering ending Fernando Torres's nightmare Â£50million Chelsea move by taking the striker back to his childhood club.
And with Chelsea chasing Atletico's own striker Radamel Falcao - who has a Â£50m buy-out clause in his contract - a cash-plus-player swap deal is looming in the summer.
Atletico Madrid manager Diego Simeone, the former Argentina international who played with Torres for Atletico, was asked about the move on Saturday in Spain and said: 'Right now Fernando's playing for another team and we will have to wait until the end of the season, and we have to decide which players could come here.'
Simeone, speaking to Spanish Radio station Onda Cero, said: 'Fernando knows the history of Atletico Madrid, he knows what it means to play for this club. I don't need to speak about his ability as we were team-mates. I know how important he can be.'
Simeone also spoke about the possibility of Colombia striker Falcao, who has scored 25 goals in 28 appearances for Atletico this season, leaving, with Chelsea already in prime position to sign him.