City set to break bank to bag Torres and other red-hot gossip

(25-09-2010) Manchester City are plotting a £50m January bid to bag Fernando Torres. According to reports, City will exploit Liverpool’s tight financial position by making an offer for the Spanish World Cup winner that the club’s owners can’t refuse. Torres has also been a pale shadow of himself this season, with many suggesting that he is unhappy at Anfield. Elsewhere, Bundesliga giants Bayern Munich are tracking Liverpool goalkeeper Pepe Reina, and are set to offer £17m; Tottenham have agreed a £1.5m deal to sign South African defender Bongani Khumalo from Supersport United; Liverpool are looking to buy Tottenham duo Roman Pavlyuchenko and Giovani dos Santos targeted; and Manchester United manager Sir Alex Ferguson looked at 19-year-old Atletico Madrid goalkeeper David de Gea while on a trip to Spain to check on Valencia, the Red Devils next Champions League opponents.