Liverpool have already lost seven games this season - compared to just two in 2008-09 - and have been knocked out of the Champions League. It is a widely held belief that the Reds do not have enough quality running through the club to seriously challenge for the title, especially with the summer departure of Xabi Alonso.
However, with Liverpool's finances causing serious concern - the debt is around £240 million - it is unclear if Benitez will have anything to spend in the January window, a situation which could place their hopes of qualifying for the Champions League next season - and even the Europa League - in some doubt.
Torres, speaking in Zurich after being named part of FIFA's world XI, said: "Obviously we need players. If we can bring quality players it should be really positive for us, but I think the situation is really difficult because I think we don't have money to bring in the best players.
"It's a difficult situation but every top team in the world goes sometimes through a bad situation like Liverpool now. Like every top team in the world, Liverpool will get over the situation.
"I have confidence in myself and my team. I know we are good enough. We were playing really well last season with the same team. We have to just recover the mentality and the confidence in ourselves and everything will be different.
"I think sacking the manager is not a solution. The manager is not playing so we have to be positive with him, try to work with him. We are the main reason, the players are the people that have to find a solution to the situation. The manager is not playing, so we have to play much better.''
Liverpool skipper Steven Gerrard, also named in the world XI, called on the team to pull together.
Gerrard said: "I don't think it's right to pick out individual players. We're a team, we're a group and we are responsible for where we're lying in the league at the moment. All of us have got to stick together and try and pull through and turn it around.''