Man Utd and Chelsea went in for him last year (apparently), and there's no point in competing with Liverpool for Spanish players to be fair. I think Torres is also a Liverpool supporter-ish, he had the words "You'll Never Walk Alone" on the inside of his captains armband.
Price is steep but I think it's just a sign that the new owner aren't all talk about the financial backing they are providing 'Rarfa'.
Oh and OMG £26.5m for someone who isn't a 20 goal a season striker OMG!!!