Monaco Agree £59m Deal to Sign FC Porto Pair James Rodriguez and Joao Moutinho

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Newly promoted Ligue 1 side capture Estadio Dragao duo.

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Newly promoted Ligue 1 side Monaco have reportedly completed a €70m (£59m) deal to sign FC Porto pair James Rodriguez and Joao Moutinho according to the Metro.

The Principality side have been linked with a host of potential big name additions following their successful promotion to the French top tier and Monaco’s billionaire owner Dmitry Rybolovlev appears to have clinched two top quality additions to boost Claudio Ranieri’s side.

Colombian attacker Rodriguez has helped his Estadio Dragao side to three domestic titles in his three seasons at the club and has been repeatedly linked with interest from a number of Premier League sides.

Tottenham had been hotly tipped to sign Portuguese midfielder Moutinho but appear to have lost out in the race to capture the talented playmaker.

The Primeira Liga based pair may well see the appeal of moving to the tax haven, though it’s worth noting that Monaco face a legal battle with the French Football Federation with regards to their inclusion in the top tier, with the club being told to pay as much as £170m to be allowed to continue playing in the French football league system.

The cost cuts and tax hikes that French clubs now have to cover have resulted in a growing ill-feeling towards Monaco, who have far greater purchasing power than anyone else in the league, with the exception of Qatari-backed Paris Saint-Germain.

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