Having just wrapped up a £50 million deal for Colombian sensation Radamel Falcao it would seem that AS Monaco FC are becoming a force to be reckoned with - both on the pitch and in the transfer market.
This deal comes after the signings of James Rodríguez, Ricardo Carvalho and João Moutinho but is this a sign of greater things to come?
The first question that needs answering is why Monaco?
As we all know, Monaco is a notorious tax haven. This means that not only will big name players have inflated salaries but they will also receive them in their entirety.
The billionaire club of Manchester City is the only club that can compete financially. But not only do you trade the grey streets of Manchester for the rather more vibrant setting of Monaco but, as aforementioned, you don't have to pay tax.
The signing of Falcao is the most important thing to have happened at the Stade Louis II in years. This will reverberate around the footballing world and top players will want to be go to Monaco for the money, success and to also share the pitch with such a great player.
Falcao himself will draw many more top players and, with Moutinho, resembles the first signs of real potency in what could be a great team. Not only will he draw players but he will also draw sponsors and fans and more important than the rest - belief.
The duo of Moutinho and Falcao will have fans and pundits alike drooling at the mouth as they anticipate the accuracy and range of Moutinho's passing coupled with the pace and finesse of Falcao's game.
Falcao is what the signing of Didier Drogba was to Chelsea, what Sergio Aguero was to Manchester City and what Zlatan Ibrahimovic was to PSG. His mere presence at the club shows that they want to be challenging at the top of world football but can they do it?
It seems hard, almost impossible, to see them having any European success in the next few seasons let alone any domestic success as PSG will prove tough to beat but the wheels will have been set in motion and the club, backed by Dmitry Rybolovlev, will only get better from here.
But there are certain hindrances in their pursuit for domestic and European glory.
Many people have criticised Falcao for his move deeming it to be 'non-ambitious' and 'easy'. Now this didn't affect Falcao but it could effect others who might choose to play elsewhere where it is seen as more of a challenge.
Also Monaco does not play in one of Europe's big leagues. Ligue 1 is big but not as big as the Premier League, La Liga or indeed the Bundesliga and this could also affect potential players who want to play for and against the best teams in the world.
All the big teams need to have history. It is why top player are still going to Anfield - because they have had an absolutely fabulous past. Unfortunately Monaco have none and to compete at the top level requires experience and belief.
These two are essential to any success and is why I'd back Liverpool to beat, say, Tottenham in a cup final because they know how to approach it and how to win it whereas Tottenham, probably the better footballing side, wouldn't.
Another aspect that might put off big names is the Stade Louis II. It only holds 18,500 people and although that is enough to keep the 36,000 residents of Monaco happy it might not please or entice players. Players want to be playing in front of massive crowds in big venues.
But I guess this will change as well as more money is invested into the club.
Are Monaco doing the right thing? Can they be good enough? Only time will tell.
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