ATLETICO MADRID striker Fernando Torres is poised to complete a record-breaking 26.5m move to Liverpool.

"We are in conversations, but nothing has been signed yet," Atletico President Enrique Cerezo told Onda Cero on Monday.

"The deal has not yet been finalised but that might change tomorrow."

Liverpool midfielder Luis Garcia, who is expected to move in the opposite direction, arrived in Madrid on Monday to undergo a medical on his injured knee.