The Catalan club have been forced to drop one of their all-time greatest players, Lionel Messi, this summer due to his dire financial situation.
But now Barca are considering a rebuild, starting with Manchester City winger and Spain international Torres.
According to Spanish football expert Guillem Balague, Barca can afford to pay City more than € 59million in transfer fees after securing a bank loan.
However, La Liga’s financial fair play could take a peek in the works.
Balague claim Barca will only be able to add him to the squad after selling other players.
A report on Marca says both sides have set a Christmas deadline for closing the deal.
This leaves both parties less than a week to iron out the final conditions.
The 21-year-old is yet to return to action for City due to a broken foot.
Torres was injured during the international break in October and
missed 16 games in total for Pep Guardiola’s side.