Reports in Spain suggest that Manchester City have lodged a bid for Fernando Torres but the Spanish international is still set for a move to Liverpool.
It is believed that three clubs, Liverpool, Internazionale and Man City have met the demands of Atletico for their prized striker.
However, Torres is set on a move to Anfield as talks continue between the two clubs - with a deal likely to be finalised within the next few days.
The news of City's interest is likely to have come on the behest of their manager-elect Sven Goran Eriksson - but their bid is almost certainly doomed to failure.
Liverpool have been brokering the Torres deal for the last week and they finally look set to seal the transfer this weekend.
The move has been smoothed over after Rafa Benitez relented and allowed Luis Garcia to move in the opposite direction.
Reports suggest that Garcia was keen to return to his homeland, where he is currently in the final stages of recovering from a long-term knee injury.
Garcia is valued at €5million (£3.3million) and will seal his deal, like Torres, in the coming days.