Monaco announces Falcao capture

By
Updated: May 31, 2013

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Monaco’s billionaire Russian owner
Dmitry Rybolovlev announced Friday that club has signed Colombian striker
Falcao from Atletico Madrid.

“I would like to officially announce that Falcao has signed his contract,”
Rybolovlev said through a French interpreter at an event celebrating Monaco’s
promotion to Ligue 1. “I want to thank all those who believed in our success.
Managing a club as important as Monaco is a great honor. I have an incredible
feeling and great pride but this is just the beginning.”

Financial details of the move have not been confirmed, though the fee is
believed to be around $78 million.

Monaco revealed via the club’s official website that the 27-year-old Falcao
has signed a five-year deal with the promoted side.