Radamel Falcao joins Manchester United on one-year loan from Monaco
Manchester United have completed the signing of Monaco striker Radamel Falcao on a one-year loan deal with an option to make the switch permanent.
News of the Colombian's move to Old Trafford had begun to surface early on transfer deadline day but it was not until the early hours of Tuesday morning that the Red Devils announced they had got the deal over the line.
"Manchester United is delighted to announce that Radamel Falcao has joined the club on a one-year loan deal from AS Monaco, with an option to buy at the end of the loan period," read a United statement.
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The Red Devils will pay Monaco between five million and six million pounds for the Colombia striker and the club have confirmed they will cover the player's wages, according to Press Association Sport. However, the club insist reports they will pay the 28-year-old almost 350,000 pounds a week are wide of the mark.
United had to gain an extension -- allowed under Premier League rules on production of a declaration from all three parties of their intention to finalise the deal -- in order to get the paperwork through but were still not in a position to announce the deal two-and-a-half hours after the deadline had passed.
Falcao scored just nine goals in 17 games an injury-shortened 2013-14 season for Monaco. He also sat out the 2014 World Cup for Colombia because of the injury.
In the two seasons before last with Atletico Madrid, Falcao scored 28 and 24 goals, respectively.