Chelsea Falcao: Man Utd flop takes significant pay cut to sign for Blues

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Fees and figures revealed in Chelsea’s Falcao deal.

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Former Manchester United striker Radamel Falcao has taken a significant pay cut to join Chelsea on loan from AS Monaco this summer, according to The Times.

The Colombian international had a disappointing year at Old Trafford last season, scoring only four goals for United as he failed to live up to his reputation as one of the best strikers in the world.

Falcao will now get a second stab at the Premier League after sealing a season-long stay at Stamford Bridge, and The Times report that he has agreed to accept a significantly lower pay packet to the one he was on with United, which they say were around £265,000 per week.

Supposedly, the 29-year-old will now be making between £130,000 and £160,000 per week with Chelsea, suggesting the club were willing to take a gamble on him, but that there was still an air of caution about his chances of returning to top form after such a disappointing first spell in England.

Chelsea needed to add another striker to their squad after an injury-hit first campaign in west London from Diego Costa and Loic Remy, while Didier Drogba also left the club at the end of the season after only signing a short-term deal.

Although Falcao may no longer be a player capable of challenging for a starting spot every week, his presence in the squad should give Jose Mourinho more options from the bench, and put the manager more at ease if Costa has issues with his fitness again next season.

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