Porto forward James Rodriguez is on the verge of signing for newly promoted Ligue 1 side Monaco, according to reports in France.

The Colombian's Porto team-mate Joao Moutinho is also set to make the move to the principality in a combined deal believed to be worth around €55 million.

Rodriguez has been a hit since joining Porto at the start of the 2010/11 season, while his ten goals this term helped Vítor Pereira's side claim the Portuguese league title on the last day of the season.

The 21-year-old, branded the 'new Cristiano Ronaldo' thanks to his lightning turn of pace, is currently undergoing a medical in Monaco ahead of his move according to reports in France.

Manchester United had been linked with a move for Rodriguez in the past, but it now appears as though the Red Devils will miss out on their man.

Previously it has been suggested that Manchester United would allow Anderson to return to Porto in order to secure the services of the talented youngster.

However Monaco, backed by Russian billionaire Dmitry Rybolovlev, appear on the verge of landing Rodriguez along with Moutinho in a joint-deal; a move which could signal a summer of spending on the south coast of France.

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