Southampton are also apparently interested in the Spanish striker.
So could Rafa be the man to revive Torres' flagging fortunes and help him win back a starting spot at Atletico?
Newcastle have made a positive start to life back in the Premier League and now sit 11th in the standings but Benitez has made it very clear that he wants reinforcements at St James' Park.
It has been revealed that the businesswoman, who has been at the forefront of several high-profile takeovers in the past, is keen to get her feet under the table before the turn of the year to allow boss Rafa Benitez the time to line up winter targets. The World Cup victor is now little more than a squad rotation player at his boyhood club of Atletico Madrid and reports suggest that he desires a return to England.
However, with Diego Costa eligible to play for Los Rojiblancos in just over six weeks time, Torres is set to be pushed further down the queue. But he also wants to play as many games as he can this year, and is looking for a loan move to make that happen. He was loaned out to Milan for the 2014/15 season but he struggled in Italy so moved back on loan to Atletico Madrid for the remainder of that season and then the season after.
Newcastle United fans have been calling for Mike Ashley to sell the club for a very long time so this news will be music to their ears.