According speculation from Italy brought to our attention by The Daily Express, Milan are pondering a potential swoop for Borini in the event that Torres' £150,000-per-week wages prove an insurmountable obstacle to any deal.
Indeed, the source also suggests that the Rossoneri view Borini as a perfect alternative, with the club supposedly able to launch a permanent move for his services following the recent sale of Mario Balotelli to Liverpool.
Sunderland move off?
Borini's future has been the subject of intense press speculation already this summer, with the former Chelsea frontman widely expected to join Sunderland after helping Gus Poyet's side to avoid relegation to the Championship last season during a successful loan spell in the North East.
The Black Cats - who impressed during their 1-1 draw with Manchester United at the Stadium of Light on Sunday afternoon - were believed to have had a £14 million bid accepted, although negotiations appear to have stalled somewhat in recent weeks.
Liverpool are unlikely to want to keep Borini beyond the end of the current transfer window, despite losing the talismanic figure of Luis Suarez to Barcelona in a £65 million deal last month.
The 23-year-old - who arrived at Anfield from Premier League rivals Swansea City in 2012 - has failed to make much of a memorable impact on Merseyside, with a measly and uninspiring record of just one goal in 13 Premier League appearances to show for his time at the club.
The chances of Borini moving to the San Siro appear to depend entirely on Torres, another striker who has somewhat flattered to deceive in the English top-flight during the past few campaigns.
Since his British record £50 million switch from Liverpool in January 2011, World Cup winner Torres has failed to replicate the sought of fearsome goalscoring form that once saw him widely regarded as one of European football's most dynamic talents.
Jose Mourinho - who has signed Diego Costa and Didier Drogba this summer and allowed the trio of Demba Ba, Samuel Eto'o and Romelu Lukaku to depart Stamford Bridge - has so far shown little appetite to sell Torres, although such an attitude could presumably be subject to change with the Spaniard having yet to play a single minute for the Blues in the top-flight during the 2014/15 season to date.
Indeed, Torres was not even included among the Chelsea substitutes on Saturday as Mourinho's side bounced back from a slow start to record a comfortable 2-0 victory over newly-promoted Leicester in West London courtesy of goals from Costa and Eden Hazard.