AC Milan agree two-year Torres loan with Chelsea

AC Milan have agreed a two-year loan deal with Chelsea for Fernando Torres but the Spain striker has yet to agree terms, the Italian club said in a statement on Friday.

Milan are desperate to bring in a cut-price big-name striker after selling Mario Balotelli to Liverpool, while Chelsea have new forward Diego Costa and old favourite Didier Drogba ahead of Torres in their front line pecking order.

Image: Fernando Torres

Photograph: Dean Mouhtaropoulos/Getty Images