Chelsea target Radamel Falcao set to stay in Monaco?

Published Add your comment

Chelsea's chances of signing Radamel Falcao could be dead in the water after the French government dropped plans to make Monaco pay a 75% super tax, reports El Mundo Deportivo.

Plans from the French government to get Monaco to pay the 75% tax rate along with other Ligue 1 clubs have been dropped after the National Assembly ruled that it would be unlawful to make a club that doesn't reside in the tax regime to pay French tax.

"We did not want to take a judicial or constitutional risk," Budget minister Bernard Cazeneuve told reporters.

It comes as great news for Monaco football club and Radamel Falcao, who were reportedly at odds with his pay package should the tax plans go ahead.

Currently Falcao earns €14m a year and is almost completely tax free but would have seen is salary vastly reduced if the tax law passed.

Falcao was reportedly offered to a number of clubs in August, shortly after joining from Atletico Madrid because of a dispute on what would happen if the law passed.

Falcao wanted a wage rise but Monaco didn't think paying the player the equivalent of €540,000-a-week was in their budget, even with billionaire Dmitry Rybolovlev in charge.

Now the French Assembly has ruled against Monaco's inclusion, there is a good chance that Falcao's disputes with the club will end.

That's bad news for Jose Mourinho and Chelsea, who were hoping to take advantage of the situation and sign the player for as much as £60m.

Chelsea's strike force has struggled this season with Fernando Torres, Demba Ba and Samuel Eto'o struggling for form.

Do YOU want to write for GiveMeSport? Get started today by signing-up and submitting an article HERE:

Premier League

Article Comments

Report author of article

Please let us know if you believe this article is in violation of our editorial policy, please only report articles for one of the following reasons.

Report author


This article has been written by a member of the GiveMeSport Writing Academy and does not represent the views of or SportsNewMedia. The views and opinions expressed are solely that of the author credited at the top of this article. and SportsNewMedia do not take any responsibility for the content of its contributors.

Want more content like this?

Like our GiveMeSport Facebook Page and you will get this directly to you.

Already Subscribed to Facebook, don't ask me again

Follow GiveMeSport on Twitter and you will get this directly to you.

Already Following, don't ask me again

Like our GiveMeSport Page and you will get this directly to you.

Already Subscribed to G+, don't ask me again