Valencia have penned down Ferran Torres until June 2021 to fend off interest from both Liverpool and Chelsea.
In even worse news for the Premier League sides, Valencia have included a staggering £88million release clause in his contract.
The highly-talented Spaniard signed the new long-term deal with the La Liga outfit on Tuesday ahead of their clash with Espanyol on the weekend.
![Ferran Torres has signed a new long-term contract with Valencia until the summer of 2021](http://i.dailymail.co.uk/i/newpix/2018/04/03/13/4AC9CE1400000578-5573393-Ferran_Torres_has_signed_a_new_long_term_contract_with_Valencia_-a-13_1522758554908.jpg)
![Valencia winger Torres had attracted interest from English sides Liverpool and Chelsea](http://i.dailymail.co.uk/i/pix/2017/10/06/10/4506441A00000578-4955144-image-a-14_1507282832137.jpg)
Liverpool had been monitoring the progress of Valencia winger Torres, while Chelsea also showed interest.