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Ferran Torres signs a new contract with Valencia

Ferran Torres signs a new contract with Valencia

Chelsea target Ferran Torres has signed a new contract with Valencia, amid interest from Barcelona, Liverpool and Real Madrid, in addition to the Blues.

The 18-year-old has broken into the Valencia team this year, making a handful of appearances in La Liga and the Copa del Rey.

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Impressing in his chances to this point, the interest from such giants of European football speaks for itself.

Catherine Ivill/Getty Images Sport

As Barcelona and Real Madrid grappled for position, it was reported late Monday night that Chelsea were watching the tussle with a keen eye, perhaps hoping to profit from the unsavoury consequences of such a struggle.

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Twitter: @FerranTorres7 signs his new @valenciacf_en contract https://t.co/2eC79YMVzP https://t.co/xWd5OysdFZ (@valenciacf_en)

However, it seems the phenom will be staying at Mestella Stadium for the immediate future, as a new contract was signed today.

The release cause for the young Spaniard is now set at an eye-watering £100million, meaning clubs will have to sit and wait to see whether or not the phenom will ever justify such a price-tag.

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