With the summer transfer-window now open in European football, the biggest name signing so far was made this week as French club AS Monaco signed Atletico Madrid striker, Radamel Falcao. Falcao one of the biggest in-demand footballers this season has scored 52 goals in 67 matches for Atletico.
The announcement was made on Friday by AS Monaco’s billionaire Russian owner Dmitry Rybolovlev. The announcement was made at an event celebrating the football club’s promotion to Ligue 1. While the terms of the contract had not been made public, it is believed to be worth around 60 million euros over five years. Some media are reporting that Falcao has a 60 million euro buy-out clause in his contract with Atletico Madrid, while other are also reporting the transfer fee is actually 45 million euros with the player guaranteed to get an annual salary of 14 million euros. Whatever the case, if any of the reported figures are correct, it would make Falcao one of the most expensive players purchased in French football history.
According to Monaco vice-president Louis Campora “we will not be giving any details on the content of the contract right now because we have an appeal in progress. We will give them in the future.” According to sources, Falcao has an exit clause after one year if another big European club comes calling.
The pending appeal Campora talks about, relates to a decision to be made by the Professional Football League (LFP) in France.
The 27-year old Colombian striker, Falcao arrived in Monaco on Monday night, took a medical on Tuesday, and returned to Madrid, where he has to play in one final league game with Atletico.
What Does Signing Falcao Means for AS Monaco and Ligue 1?
In the past, the French Ligue 1 has been known for a defensive-minded style. It has also been know as a league that developed young talents rather than signing veterans from other leagues. This was the case, until recently when PSG changed that culture and started to bring in expensive players. Other teams could not compete with PSG signings, due to the club hefty financial backing—now Monaco can change that. With a rich billionaire owner, the Ligue 1 culture will be changed even more. Instead of one, there are now two mega money teams that will be going head-to-head. We can also expect the trend to continue, that is, signing more big name world footballers—particularly strikers to spruce up the French league, resulting in more attacking football and more goal scoring.
We can expect to see a PSG dynasty come to an end. PSG may still be the favorite to win the Ligue 1 next year because it will take a while for Monaco to dominate the league, but the gap between PSG and the rest of the league will get smaller.
With Monaco’s infuse of world talents like Falcao and a strong financial backing it will quickly bring an end to PSG dynasty, much like the way PSG did to Lyons’ (which had its share of multiple Ligue 1 titles in a row). PSG will still win other league titles, only there will be more parity in Ligue 1.
The signing of Falcao will give Monaco a deadly-scoring combination with Ibra up top. Don’t be surprised if this signing puts Monaco into the Marseille-PSG rivalry as well.
Ligue 1 needs a good infuse of well-balanced, classic matchup to draw the attention of other big names in European football to come to this league—Monaco signing Radamel Falcao is a good step in that direction.
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