Summary:
AC Milan are 'not ready' to sign striker Fernando Torres, according to the club's president.

Full article:
Fernando Torres could seal a move back to La Liga outfit Atletico Madrid during the January transfer window, according to club president Enrique Cerezo. The Spanish striker left his boyhood side in 2007 when he sealed a £20million move to Liverpool. Torres went on to join Chelsea for £50m in January 2011 but failed to live up to his the British record transfer. AC Milan striker Fernando Torres is said to be 'one step away' from leaving the Italian giants . Torres progressed through the ranks at Atletico before joining Liverpool in 2007 . The 30-year-old was shipped out to AC Milan on a two-year loan deal  at the end of August but reports in Italy suggest he is 'one step away' from leaving the Serie A giants. And Cerezo has revealed Atletico Madrid would be among Torres' potential suitors if he was to leave Milan. Cerezo, speaking to TVE, said: 'The signing of Torres is not (completed), but, that does not mean it will not be. 'We have a great team, but we can bring in a signing until the last hour of the transfer market. 'We will fight for La Liga, the Champions League and the Copa del Rey in 2015.' Torres has scored just one goal in 10 league games since joining Milan. Torres, pictured after winning the Champions League in 2012, was shipped out on loan to AC Milan in August .