Reports have suggested that Monaco may need to sell Falcao because of a dispute over their tax status but the club have confirmed that the Columbian striker will remain with them for five years.
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AS Monaco have rejected recent reports that have suggested that they may to sell their star striker Falaco because of a dispute over their current tax status, Goal.com reports.
The newly promoted side have an advantage over other teams in Ligue 1 because they are based in the tax haven of Monaco but the French League has ruled that they will need to relocate to France before June 2014 so that they can be subject to the same tax conditions that apply to all the other Ligue 1 clubs.
This has lead to rumours that Falaco, as well as other big signings like Joao Moutinho and James Rodriguez, may have to leave the club in the near future.
Reports have suggested that Falcao’s agent, Jorge Mendes, has been in contact with the likes of Manchester United and Chelsea in order to try and secure a move away from Monaco, even though the Columbian striker only arrived in June.
Monaco have moved to reject these rumours, claiming their marquee signing will be staying at the club for the foreseeable future.
“The club categorically deny rumours about a sale of Falcao,” Monaco wrote on their official Twitter account.
“As a reminder, the Colombian attacker has signed with ASMFC for five years.”