Atletico Madrid have announced that they have struck a deal with FC Porto for the transfer of Colombian striker Radamel Falcao. Los Colchoneros will pay Porto around £35m ( 40 million euros) for Falcao’s services. The fee could however rise to £40m ( 45m euros) over the years in add-ons. The Colombian is one of the most prolific strikers in Europe, averaging nearly a goal a game with Porto, and is expected to fill the hole left by Sergio Aguero’s £38m move to Manchester City.
Falcao was very strongly linked with a switch to Chelsea following former Porto boss Andre Villas-Boas’ appointment at Stamford Bridge, but the transfer did not materialise, and Atletico, flush with funds following Aguero’s sale, pounced for the prolific striker.