Porto striker Falcao has reiterated his desire to play in England - and for one club in particular - with Chelsea, Arsenal and Tottenham all allegedly monitoring his situation.
According to talkSPORT, the 25-year-old has opened the door for Chelsea to make a £26.5 million bid for his services, while previous reports claimed interest from north London.
Falcao has scored a quite remarkable 72 goals in 81 appearances for Porto, and was a key figure last season as the Dragões won four trophies under Andre Villas-Boas.
Speculation surrounding the future of the Colombian has hit fever pitch since Villas-Boas' move to Chelsea two weeks ago, and Falcao has since admitted he has his sights set on a move to the Barclays Premier League.
"There is a club that I dream to play for. They are foreign but I do not want to say who it is now," he said.
"The Spanish league is good, but I prefer the Premier League as there is a better atmosphere on the field.
"I never thought I would score so many goals. It has been a surprise for me and I have benefitted from the quality that we have in our team. I have matured in every respect and I am qualified to play in any big league."
Falcao has previously said he would be open to joining either Arsenal or Spurs, but Chelsea is his most likely destination this summer.
Chelsea owner Roman Abramovich will reportedly attempt to deliver Villas-Boas' top targets, and Falcao is expected to be one of them.
And, should Arsenal and Spurs formalise their supposed interest, then the superior financial clout of Chelsea is almost certain to win the race for the free-scoring forward.