Fernando Torres January 2006 that the club was willing to listen to offers for Torres, and Torres claimed Newcastle United of the FA Premier League had made a bid to sign him in March. Torres stated after the 2006 FIFA World Cup that he had turned down an offer to join Chelsea at the end of the 2005–06 season. He scored 14 league goals in the 2006–07 season. The English media reported that he was the main transfer target of FA Premier League club Liverpool, but Cerezo stated, "We've received no offer from Liverpool or any other club or player." Days later,
History of Liverpool F.C. (1985–present) businessmen George Gillett and Tom Hicks bought the club, in a deal which valued it and its outstanding debts at £218.9 million. Liverpool once more came third in the league, this time 21 points behind Manchester United. They went out of both domestic cup competitions to Arsenal, but reached the 2007 UEFA Champions League Final where they again faced Milan. Unlike 2005, Liverpool were unable to recover from going behind, and lost the match 2–1. During the summer, Benítez strengthened his team by signing Fernando Torres for a club record £24 million, and midfielders Ryan Babel and Yossi Benayoun. They