A Spanish radio station has claimed Real Madrid have pulled out of the race to sign Falcao from city rivals Atletico.
The fact Real Madrid have pulled out of the deal suggests they don’t like something about his demands to leave Atletico, which opens a door for Chelsea which they may have thought was shut, and is also an ad
Chelsea started the current season in very good form, looking like a side that was seriously going to contend for the Premier League title.
However, inconsistency from the strikers, which has placed pressure on the midfielders at Stamford Bridge, has created a real necessity for a prolific goalscorer and Falcao could be the man.
Chelsea could well experience the same problem because there will be players at the club who will not like the Colombian striker coming in and going on the best paid contract at the club.
That could have a negative knock on effect to other players in the respect that they will increase their own financial demands whenever a contract comes up for renewal, which could spiral out of control quickly.
However, Falcao is one of the most consistent goalscorers in European football over the last four seasons which proves he will score goals for any side he represents, regardless of his fee or how much he is being paid.
Chelsea will face competition in England from Manchester United and Manchester City who are both likely to be in for him, if he does want to leave and is open to a Premier League move.
The advantage that Chelsea have over these two teams is the fact that there is a clear role for Falcao in the Chelsea attack.
He can walk into the side and become the primary striker at the club, with a status that is unrivalled which will pacify any elements of an ego that he may have.
He would not enjoy that at City or United, two clubs who already own high profile strikers that would contend with Falcao and try to keep him out of the side, maintaining their own status as the most important player at that club.
City and United could both summon up the finances to make this move a reality but Chelsea seem best positioned because they have a place for him and have a team which can be built around him. However with rumours about Wayne Rooney's future persisting at Old Trafford, perhaps the stage there too is also being set for the Colombian.
Either way, place your bets on the striker being a Premier League player by August.
Are Chelsea the front runners?