"We are proud to have secured one of the best players in the world and confident he will help Monaco regain its rightful status. We are absolutely delighted that Radamel Falcao has accepted the challenge of coming to play for AS Monaco."
It is
rumoured that Falcao has a buy-out clause for the first year of his deal with Monaco meaning he can leave at any point within his first year although Monaco have denied this statement. Monaco have also been linked with Manchester City and Argentina striker Carlos Tevez but Monacos sporting director, Vadim Vasilyev, has insisted the club have not made any interest:
Many newspapers talk about it but this issue has never been discussed."
Atletico Madrid now have £50 million to splash on players and a looking into
Tottenham target Leandro Damiao. The 23-year-old who is under contract at Brazilian side Internacional has been rumoured with a move to Europe but now Madrid have the money from Falcao they could out bid Spurs. Source:
BBC Sport