It seems that money and the Financial Fair Play Rules will be no object for Monaco and their billionaire owner, as they follow up their acquisition of Joao Moutinho and James Rodriguez by signing Radamel Falcao from Atletico Madrid for £51m on Monday. It had been proclaimed in the Daily Mirror during the weekend that he had already signed for Chelsea, which tells you a lot about the state of the media in the UK!

Whilst nobody will decry any club trying to better themselves, there are like to be dissenting voices in the direction of M. Platini regarding the validity of his much trumpeted FFP Rules he wishes to apply to clubs governed by EUFA. Remember that only recently have we witnessed massive spending at PSG the Paris based Ligue1 club which on the face of it, completely breaks all of the FFP rules as they stand. It will be interesting to get the reaction from Platini to two French clubs basically driving a coach and horses through the rules.

The signing of Falcao will also be a blow to clubs like Chelsea and Manchester City, both of whom were considered suitors well ahead of anybody else associated with Falcao.

We now await to see if there is any reaction from Platini or EUFA regarding the spending going on at Monaco, but do not hold your breath, as it is becoming clear that it was designed to thwart the progress of the Premier League and not some puritanical crusade to clean up footballs finances.

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