Torres will be Villa’s second major signing of the summer following the arrival of midfielder Youri Tielemans, who joined on a free transfer after running down his contract at Leicester.
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The Gunners face frequent Champions League conquerors Bayern Munich in Wednesday’s quarter-final second leg.
Wednesday's gossip: Douglas Luiz, Todibo, Sancho, Antony, Wirtz, Pacho, Nketiah, Gibbs-White
Arsenal to revive interest in Douglas Luiz, Man Utd target Jean-Clair Todibo over Jarrad Branthwaite, Arsenal and Liverpool eye Willian Pacho, plus more.