€60 million Chelsea and Manchester United target set for medical with Monaco

Reported Chelsea and Manchester United target, Falcao, is all set to move to Monaco according to reports.

Rumours linking Monaco with swoops for Europe's elite - as well as Charles N'Zogbia and Andy Carroll, have been in the pipeline for months.

And then on Friday the inevitable happened - they actually signed somebody. And not just anybody.

Monaco clinched the double deal of Joao Moutinho and James Rodriguez from Porto, at an estimated €70 million for the pair.

Now they are ready to invest even more cash, to lure Rodriguez' Colombian compatriot - Falcao.

Falcao is one of Europe's most wanted strikers, hotly pursued by Chelsea ever since last September.

Him leaving Atletico Madrid has been pretty much an inevitability, with plenty of twists and turns regarding potential suitors.

Along with Chelsea, Manchester United emerged as shock contenders for his signature, even reported to have put a downpayment towards any potential transfer.

But Monaco's spending spree, powered by Russian billionaire Dmitriy Rybolovlev, is already taking effect, as United saw first hand when another of their targets - James Rodriguez - signed this week.

Spanish radio station Cadena Ser has today (Saturday) reported that a deal to take Falcao to Monaco is all but agreed, with a €60 million deal fixed with Atletico.

They report that Falcao is arranged to travel to Monaco for a medical this coming Monday and a deal formally announced in the days after.

The speed of the transfer is said to be progressing at this pace because Falcao wishes to sort his future destination out before heading off to play for Colombia in June's World Cup qualifiers, and then a deserved summer break.

For United and Chelsea, their chances of signing him appear to be over.

What do you think of Monaco's spending spree?

image: © chilangoco

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