The club have now confirmed that the deal has been agreed and whilst a fee is not specified, it is believed that the Ligue 1 outfit have spent upwards of €45m to Atleti.
“AS Monaco FC is delighted to announce that it has reached an agreement with Atletico Madrid and the player Radamel Falcao for his transfer to ASMFC, effective as of the 2013-2014 season,” read Monaco’s statement posted on their official website on Friday evening.
“Radamel Falcao Garcia Zarate, the Colombian international forward, has signed a 5 year contract. The player will be introduced to the media in the course of pre-season training, at a future date to be confirmed by the Club.”
Real Madrid, Chelsea, Manchester United, Manchester City and Paris Saint-Germain were all at one time or another linked with making a move for the Colombian international.
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