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ESPN FC  By ESPN staff

Falcao close to Monaco switch

Atletico Madrid striker Radamel Falcao is to undergo a medical on Monday ahead of a €60 million switch to Monaco, according to widespread reports.

Radamel Falcao celebrates his team's Copa del Rey success
Radamel Falcao had been strongly linked with Chelsea

- Blog: What Monaco wealth means for PSG

Monaco, funded by Russian billionaire Dmitry Rybolovlev, secured promotion back to Ligue 1 this month and have already agreed the double signing of Porto duo Joao Moutinho and James Rodriguez for a reported €70 million.

On Friday, Monaco assistant coach Jean Petit had confirmed to Radio RCN that Falcao, who had been strongly linked with Chelsea, was likely to follow.

"Yes, we are expecting Falcao and four or five other players of his quality," Petit said. "We have spoken and we continue to speak with Falcao and his representatives - negotiations are ongoing. We hope to seal a deal as soon as possible.

"Monaco need a player like Falcao because he can help us a lot and because he can attract other top players, and that's the best way of confirming out project is big and interesting. Signing Falcao is a big coup on sporting and media levels for French football."

It is now widely reported that the 27-year-old Colombia striker, who is set to play for Atletico on Sunday against Real Mallorca, is to attend a medical on Monday.

Atleti coach Diego Simeone has already given his blessing to the move, saying last week: "I have known him since he was a child and I wish him all the best. If he feels that he needs to make a move, I’ll be happy for him. If he stays with us, I’ll be happy too."

Information from the Press Association was used in this report

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