Belfast Telegraph

UK Website Of The Year

Falcao's Chelsea loan deal from Monaco 'sets transfer fee at £38million'

Published 25/01/2016

Radamel Falcao's loan move to Chelsea from Monaco was free of charge, leaked documents show
Radamel Falcao's loan move to Chelsea from Monaco was free of charge, leaked documents show

Chelsea must pay Monaco £38million to sign Radamel Falcao, although the striker's loan move was free, leaked documents show.

Falcao moved to Stamford Bridge in July after an unsuccessful season-long loan at Manchester United, but has scored only once in 11 appearances and not featured since October due to a thigh injury.

A contract on the Football Leaks website says Falcao was loaned by Monaco to the Premier League champions free of charge.

"It is explicitly agreed that no fee is charged to Chelsea by AS Monaco for the temporary transfer of the player's registration," the document states.

The documents also show that Chelsea have until April 29, 2016 to notify Monaco in writing of their wish to sign Falcao.

The fee negotiated is Euros 50million, with half of the sum to be paid within seven days of the option being taken up and the remainder due before July 15, 2017.

It appears unlikely the option to buy will be taken up.

The Colombia striker was earlier this month linked with a return to Monaco, but the Ligue 1 club said the move fell through due to concerns about his fitness.

Chelsea declined to comment.

Your Comments

COMMENT RULES: Comments that are judged to be defamatory, abusive or in bad taste are not acceptable and contributors who consistently fall below certain criteria will be permanently blacklisted. The moderator will not enter into debate with individual contributors and the moderator’s decision is final. It is Belfast Telegraph policy to close comments on court cases, tribunals and active legal investigations. We may also close comments on articles which are being targeted for abuse. Problems with commenting?

Read More

From Belfast Telegraph