Radamel Falcao will cost Manchester United £74m

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Falcao to join Manchester United (©GettyImages)

Radamel Falcao will cost Manchester United a staggering total of £74 million if the Red Devils successfully secure his services on a permanent basis next summer, it has emerged.

The Colombia international completed a season-long loan to Old Trafford from AS Monaco on Monday evening and will be paid an astronomical £350,000-a-week by Manchester United, according to the Express.

Subsequently, the loan deal will cost the Premier League giants - over the course of the 2014/15 campaign - an eye-watering £24 million.

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Falcao must fire United to top-four finish

United have signed Falcao for the season in the hope that the world-class striker will fire the club back into the Champions League via a top-four finish in the Premier League.

Should that happen, then Manchester United may decide to meet Monaco’s £50 million valuation of the player - bringing the total cost to a cool £74 million.

However, this overall cost doesn’t factor in his potential wages should United opt to tie him up to a permanent contract.

Falcao, whose contract with Monaco expires in 2018, may be open to a price-cut if it means a transfer away from Monaco.

But the likelihood is that the prolific South American forward would remain one of the world’s highest-paid footballers should he become Manchester United’s permanent number nine.

Falcao was strongly linked with Real Madrid and City

Falcao was expected to complete a deadline-day move to either Manchester City of Real Madrid, but on Monday morning reports in Spain revealed that a deal with United had been agreed, much to the surprise of the club’s supporters.

The Colombian’s season-long loan deal was finally confirmed at 1:30am on Tuesday morning, with the £16 million transfer of Danny Welbeck to Arsenal announced half-hour earlier.

Falcao, who established his reputation as one of the world’s best strikers during his spells with FC Porto and Atletico Madrid, will be in line to make his Manchester United debut against Queens Park Rangers after the international break.

Van Gaal's selection headache

United boss Louis van Gaal now faces the difficult job of working out how to accommodate Falcao, Robin van Persie and Wayne Rooney in the same attack.

The veteran Dutch coach must also figure a way to get the best out of Adnan Januzaj, Juan Mata and the most expensive player in British football history, Angel di Maria.

Van Gaal is still looking for his first competitive win as Manchester United manager, having picked up a disappointing two points from his opening three Premier League matches in charge of the Red Devils. The former Barcelona and Bayern Munich boss was also left humiliated by League One side MK Dons, who thrashed his side 4-0 in the Capital One Cup second round.

But Van Gaal - along with Manchester United’s expectant fans and owners - will be looking to see a vast improvement after the international break.

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