One such fan included in the swarms of those thrilled by the news is former Reds striker David Fairclough. Playing his football for the Anfield outfit during the late seventies, Fairclough has achieved something of a legendary status at the club, and the star was quick to voice his opinion on the re-signing of 'Pool's Spanish diamond.
"I'm absolutely delighted, as I think all Liverpool fans will be," Fairclough told Setanta Sports.
"It’s fantastic for Liverpool as a club, and it shows they’re going in the right place. Big players of the likes of Steven Gerrard and now Fernando Torres are willing to commit their futures to Liverpool.
"I think it can only be a good sign to other players who perhaps look at Liverpool as maybe a team that they might be interested in joining."
Following in footsteps of Steven Gerrard, Fairclough feels that Torres' commitment to the club has sent out a message to opposing teams and potential future signings alike that Liverpool are getting stronger, and that a lot should be expected from the club in the near future.
"[Torres'] first year was incredible and we all thought he was going to emulate that in his second season. The fact he was so involved in the European Championships with Spain maybe worked against him slightly, and he’s had a stop-start second season," the retired star went on.
"But we’re all hoping he’ll get the necessary rest that he needs to recharge the batteries, and come back as good as ever.
"He has that pace, drive, and is the type of player that can get the fans out of their seats. He can pull off the spectacular and Liverpool fans took him to their hearts almost immediately.
"He’s exactly the type of player Liverpool were looking for."