Atletico Madrid have agreed a deal to sign and land Colombia international Radamel Falcao from Porto, the spanish club announced on their official website.
FC Porto will sell Colombia striker Falcao to Atletico Madrid for €40 million ($57 million).
The 25-year-old striker has been a prolific scorer for Porto since joining from River Plate in 2009, whe nPorto paid Argentine club River Plate €3.93 million ($5.5 million) for him in 2009. Radamel Falcao helped last season Porto win the Portuguese league and cup double victories as well as the UEFA Europa League title. Radamel Falcao — nicknamed “El Tigre” (The Tiger) — was more than a key player for Porto last season, scoring 34 goals to help it win four trophies, including the Portuguese title, in a 30-game unbeaten league run.
Atletico Madrid fill departing Aguero’s gap with Falcao transfer
His transfer to Atletico Madrid will help cover the loss of Argentina super ace Sergio Aguero, who left Atletico Madrid for Manchester City this summer for €45 million.
The 25-year-old Falcao scored the only goal in the Europa League final in Dublin.
A statement on the Atletico website read: “Atletico Madrid and Porto have reached an agreement for the transfer of Radamel Falcao to the Rojiblancos. The Colombian striker, top scorer in last season’s Europa League with record 17 goals, will sign a contract for five years with our club.”
€40 Million from Atletico Madrid to Porto fot Falcao
An announcement from Porto to the Portuguese Securities Market Commission (CMVM) revealed the fee to be €40 million, although the provision for “variable compensation” could see that total rise to €47 million. The Portuguese club informed in a statement to the Lisbon stock exchange the price tag could rise to €47 million ($67 million) depending on variable factors not specified.
Falcao will now travel to Madrid to discuss personal terms and undergo a medical. Falcao is the second star signing by Atletico Madrid, after Atletico signed turkish international Arda Turan from Galatasaray Istanbul last week.
