Chelsea have reportedly agreed a deal to sign striker Radamel Falcao from Monaco following his failed loan spell at Manchester United.

Last week, Jose Mourinho suggested that he was on the verge of signing the 29-year-old, who has been determined to stay in the Premier League.

While there has been no official confirmation, Portuguese newspaper Record have claimed that an agreement between the two parties has been made and the signing will be announced at some point this week.

Liverpool have also been linked to the Colombian, who managed just four goals in 29 appearances for United last season.