The 19-year-old has scored five Premier League goals so far this season, after being farmed out to the Hawthorns club in order to gain more experience.
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“We know Romelu has been doing very well for West Brom," he told reporters.
“But it’s maybe best for him to stay there where he is playing games for now, as it will be better for his future development.”
Lukaku made just 12 appearances in total last term as Torres and Didier Drogba battled for a first-team berth at Stamford Bridge.