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Chelsea Set To Miss Out On Falcao

European champions Chelsea are set to miss out on Atletico Madrid striker Radamel Falcao after refusing to meet the Columbian hitmans £48m buy-out clause.

Despite the transfer window being closed, there is always transfer gossip doing the rounds in the papers and we’ll keep you up-to-date with the latest news during the coming months. Today, Chelsea could miss out on Falcao.

Radamel Falcao

(Photo by Angel Martinez/Getty Images)

Chelsea are set to miss out on striker Radamel Falcao after refusing to meet the players £48m buy-out clause, according to the Daily Star.

The 26-year-old has forged a reputation as one of the world’s most devastating strikers after scoring an impressive 48 goals in 57 games for Atletico, including 12 in his last seven games.

This form has lead to interest from a whole host of top clubs throughout Europe, who are thought to be lining up a January bid.

European champions Chelsea have been strongly linked with a move for the Columbian hitman but the Star claims owner Roman Abramovich is only willing to pay £40m for the former Porto man.

While Madrid are resigned to losing Falcao when the window re-opens they are refusing to do business for anything less than the £48m buy-out clause in the players contract, despite the clubs difficult financial situation.

Chelsea are desperate to add a world class striker to their ranks as Fernando Torres continues to struggle for form. The Spaniard put in another below-par performance against Shakhtar Donetsk on Tuesday and was hauled off after 70 minutes.

The former Liverpool striker has managed just 18 goals in 81 games since making a £50m move from Anfield in 2011.

Boss Roberto Di Matteo only has Daniel Sturridge as back up and has placed Falcao at the top of his wish-list for reinforcements, but unless Abramovich stumps up the full £48m it looks like the Londoners will miss out.

Read more Chelsea transfer news

Mega-rich French outfit PSG are now considered the new favourites to land Falcao but Manchester City are also thought to be monitoring his situation.

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