The Spani financial problems, with debts rising above EUR1.2 bn ($A1.9 bn) last year.
Indeed, the club will be unable to register Torres until they offload some players as they would otherwise risk exceeding their salary cap, which is also the reason they have had to wait to add veteran Dani Alves to the squad.
Despite their financial constraints, club members voted last month to approve the EUR1.5 bn ($A2.4 bn) Espai Barca project that will see an overhaul of Camp Nou and other facilities, while rumours persist that they will sign Alvaro Morata on a loan deal in this transfer window.
There is also speculation Barca will be at the front of the queue to sign Borussia Dortmund star Erling Haaland this year .
Laporta did little to discourage such talk telling reporters when the subject was raised: “If you’ll allow me, I won’t talk about particular names. It doesn’t help at all. It increases their value.
“We’re working to reinforce the positions the coaching team have asked us to. Today, we have Ferran, who is from Valencia, and we’re proud because Catalans and Valencianos are first cousins.
“Barca are a benchmark in the market and every player considers us a model. We have a squad under reconstruction, and we’ll soon see the resurrection of the team.
“Ferran is the proof: that a top-quality player has shown a desire to come to Barca means the resurgence is a reality.
“Everyone should get ready. We’re back.”