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June 2, 2013

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Monaco seals Falcao signing

MONACO'S shopping spree continued on Friday when it agreed to buy Colombia striker Radamel Falcao from Atletico Madrid, taking its transfer spending past 120 million euros (US$155.52 million) since being promoted to French Ligue 1.

The 27-year-old is set to sign a five-year contract with the principality club, Monaco said on its website. The fee was not disclosed but media reports put it at more than 50 million euros.

Falcao's arrival at Monaco follows closely on the heels of fellow new recruits James Rodriguez, who is also Colombian, and Portuguese pair Joao Moutinho and Ricardo Carvalho.

Dmitry Rybolovlev, the Russian billionaire who owns the club, said: "We are absolutely delighted Radamel Falcao has accepted the challenge of coming to play for Monaco. We are proud to have secured one of the best players in the world."

Midfielders Rodriguez and Moutinho joined last week from Porto for a combined fee of 70 million euros while free-agent Carvalho left Real Madrid three days ago.

The sought-after Falcao said on his Twitter feed he could not wait to play for the former French champion which also reached the Champions League final in 2004.

"I'm eager to start this challenge. I count on your support," said the Colombian who has scored 28 goals in La Liga this season with one match left at Real Zaragoza yesterday.

Falcao joined Atletico from Porto two seasons ago, having won a treble of Portuguese league and cup plus the Europa League in 2011, when he became the record scorer in a single UEFA club competition campaign with 17 goals.

Monaco will certainly need Falcao's scoring talent to challenge in Ligue 1, which has been dominated by big-spending Qatar-backed Paris Saint-Germain which has splashed out more than 200 million euros on players in the last two years.

Falcao is set to battle it out with Sweden's Zlatan Ibrahimovic to become the league top scorer after the PSG striker netted 30 goals this season.






 

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