Transfer News: Chelsea To Swap Fernando Torres For Atletico Madrid's Radamel Falcao

By Staff Reporter, Posted: 02/17/13 08:50AM EST

Atletico Madrid is reportedly keen on re-signing Chelsea striker Fernando Torres, according to reports in the English press.

Torres, who played for Atletico from 2001 to 2007, isn't having a great go at Stamford Bridge and reports have suggested that Blues owner Roman Abramovich is keen on selling him off to bag Atletico's in-form striker Radamel Falcao.

The fresh development might just help Abramovich, who had failed to bag the Colombia international during the winter transfer window in January.

English daily, The Mirror has pointed out that Atletico are keen on bringing their former captain to Vicente Calderon in a deal that could see Falcao swap places to Stamford Bridge.

Torres, who had joined Chelsea from Liverpool during the winter transfer window in 2011 for a humongous amount of £50million, has failed to live up to his price tag, prompting speculations that Abramovich wants to get rid of him rather early.

Chelsea owner Roman Abramovich has always been interested in hiring Atletico Madrid striker Radamel Falcao. He wanted to bring him to Stamford Bridge during the January transfer window, but that didn't happen.

Last week, it was even reported that Abramovich is planning for a player plus cash bid for Falcao.

The 27-year-old Columbia international has perpetually been in demand across Europe.

According to Spanish daily El Economista, Chelsea may let Thibaut Courtois to move to Vicente Calderon on a permanent basis and offer cash too if Atletico agree to part with Falcao.

Belgian goalkeeper Courtois is currently on loan at Atletico and is expected to return to Stamford Bridge this summer.

Both Falcao and 20-year-old Courtois are contracted with their respective clubs until June 2016.

However, Falcao had earlier insisted that he wants to stay on at Atletico and intends to honor his contract that has three more years remaining to it.

Reports had even surfaced that Blues owner Roman Abramovich wanted to sell over Fernando Torres to generate funds for buying Falcao.

"I have three years left on my contract at my club, I am happy and satisfied," Falcao was quoted as saying by

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