Monaco have confirmed the signing of Radamel Falcao from Atletico Madrid on a five-year contract.
The 27-year-old was generally accepted to have agreed terms on the transfer at the start of this week, flying out to the principality to put pen to paper on a reported €14m-a-season salary and to undergo a medical.
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.”
Monaco’s President and owner Dmitry Rybolovlev also offered comment: “We are absolutely delighted that Radamel Falco has accepted the challenge of coming to play for AS Monaco FC.
“We are proud to have secured one of the best players in the world and confident that he will help ASMFC regain its rightful status.”
The transfer brings to a close a two-year spell at the Vicente Calderon, during which time Falcao scored 70 goals in 90 appearances for Atletico.
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.
