Speaking to Sky Sports, the Colombia international has revealed that he spoke to the Blues hierarchy back in February, and was informed that they would not be planning to keep him on at the club beyond the end of his loan spell.
“In February, Chelsea told me that they were no longer counting on me, so I will not be continuing with that club,” Falcao began.
The news doesn’t come as a surprise, with the former FC Porto frontman having endured a miserable spell at Stamford Bridge.
The 30-year-old has been a peripheral figure, featuring 10 times in the Premier League—making just one start—and scoring only one goal during what has been a troubled season for the Pensioners.
The striker’s dire 2015-16 campaign comes off the back of an underwhelming loan spell at Manchester United, where he managed just four goals and four assists in 26 league outings.
Continuing to speak to Sky, Falcao has confirmed that he will be returning to parent club AS Monaco next season, and is keen to repay the club for the faith they have shown in him and the investment they made to bring him to the principality.
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“Monaco made a big investment in me and they want some return on that. They want me back at the club for next season,” Falcao continued.
“I need to have minutes, to play, and we’ll see what happens. Monaco want to see what my position is in a year, to see what possibilities I have.”