Atletico Madrid have revealed that striker Fernando Torres has signed a new one-year contract at the club after the expiration of his previous deal.
The 32-year-old has put pen to paper two weeks after teammate Antoine Griezmann did likewise when committing his long-term future to the Rojiblancos.
Torres has spent the past 18 months at the Vicente Calderon on loan from AC Milan, whom he joined from Chelsea in 2015 following a disappointing spell in West London.
"I am happy to be here. I never had any doubts about where I wanted to be during the course of this process - even though we didn't know what was going to happen," he told the club's official website. "In the end, the important thing is that I got what I had hoped for."
Sporting director Jose Luis Perez Caminero added: "It is great news for us because Fernando belongs here and all Atletico fans are happy that he will continue with us. He knows our club perfectly and is a point of reference for all of his teammates.
"The players who have come up from our academy have a mirror in which to look and he always has great advice for them. He is a player with great experience, used to winning titles and competing at the top level."
Torres bagged 12 goals in 44 games for Atletico last season, helping the Spanish outfit to a third-place finish in La Liga and to the Champions League final where they lost to rivals Real Madrid.