Huge blow for Chelsea as Falcao to join Monaco

It seems incredible, but it really appears that Radamel Falcao will snub Chelsea in favour of a team that has just been promoted to the top tier of French football. AS Monaco have been successful in the past, winning seven league titles and five French cups, but have had all sorts or problems and were relegated in 2011. They have a new owner in the Russian billionaire Dmitry Rybolovlev and are throwing his money around lavishly.

It can surely only be the money that has attracted Falcao to Monaco, where lots of rich people live because it is a tax haven. Monaco will pay Atletico Madrid the release clause of over £50 million for the Colombian striker, but there were a number of clubs willing to do so. Earlier in the season it was thought that Chelsea had almost sealed the deal for Falcao, while Jose Mourinho is known to be a big fan, so his decision to choose Monaco is clearly not motivated by dreams of football success.

The former Chelsea player Ricardo Carvalho has also joined Monaco this summer, along with the highly rated Moutinho and Rodriguez from Porto. With the French champions PSG also bankrolled with mega money, you have to feel sorry for the other French Ligue 1 sides. The way these two clubs have been spending money makes a mockery of the new proposed FFP rules, because there is not much TV or matchday revenue in France.

One thing is for sure, Mourinho will need to act quickly to secure the services of a top class striker, because Demba Ba and Fernando Torres are not enough to fight for the Premier League title. Hopefully, Romelu Lukaku will get his chance, but who else should we sign?