The People says City want two new front men, with Inter Milan's Mario Balotelli the other target, to give them a formidable strikeforce and the chance of a title chase.
Torres is their No.1 choice and they know Liverpool will take their money.
But although the Anfield star is looking to move despite boss Roy Hodgson's claims he will have to be convinced to join City.
Chelsea are waiting to make an offer for Torres but want to avoid an auction.
Both clubs are also wary Manchester United could also come in and beat them to the Spaniard.
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