The Colombian has endured a difficult spell in the Premier League, signing for Manchester United in 2014 and moving to Chelsea a year later, struggling to deliver for both clubs.
Falcao's future is now in doubt as a result, and he is unsure where he will end up next season.
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In an interview with NBC’s ProSoccerTalk, the 30-year-old said: "I don’t know. I am not thinking about next season.
"When the season is finished I start to think about that but I don’t know, we have four more games left. I would like to play more minutes.
"The experience [in England] has been a little bit tough. It has not been easy because I couldn’t play constantly like I wanted to."
Despite the limited opportunities afforded to Falcao at both United and Chelsea, he still believes he has developed as a player.
"I will still fight for an opportunity to play and I am waiting for that," he added. "These last couple of years have allowed me to be better in another ways. I am happy for that."
However, the former Atletico Madrid star has earmarked the MLS as a potential destination, with North America's Columbus Crew reportedly interested in signing him.
"I follow the league. In England, they are showing the games and I have some friends who play in it who I played with in River Plate or Porto like [Federico] Higuain or [Diego] Valeri.
"Some other Colombian players are playing in Major League Soccer and obviously the big stars like Andrea Pirlo, Kaka and Giovani dos Santos.
"I think MLS could be bigger than now because they have everything they need to become an even stronger league and become even more competitive."
Falcao has managed to score just five goals during his two years in English football, starting only once in the Premier League for Chelsea this season.
It seems unlikely the 30-year-old will stay in England past this summer, with his loan spell at Stamford Bridge due to expire at the end of the season, which will see him return to Ligue 1 side Monaco.