Atletico Madrid have played down claims Fernando Torres
has already agreed a move to Liverpool but the club accepted
"things can change".
Reports on Friday morning suggested a deal had been struck to take
the 23-year-old Spain striker to Anfield - a move which has been
mooted for several weeks.
However, the Madrid club insist no agreement has been
reached.
A club spokesperson said: "At the moment, there is nothing
happening. There are no negotiations taking place, although things
can change.
"The player is on holiday at the moment and will report back to
training on July 9 for the Intertoto match (at the end of
July).
"At the moment, any talk of a move is just speculation and we are
still hopeful that Fernando will be with us next season."