The striker looks close to completing his expected move and will be joined by Victor Valdes.
AS Monaco are tantalizingly close to tying up a big money switch for both Atletico Madrid forward Radamel Falcao and Barcelona goalkeeper Victor Valdes, reports Spanish website Marca.
Both La Liga stars are in the Principality to undergo their medicals and then complete the move to the newly promoted Ligue 1 side.
Falcao has been strongly linked with Monaco for some time and a deal of around €60m (£51.5m) looks like it will be enough to tempt the Colombian to the club.
In a slightly more surprising move Monaco are also looking to bring in long-term Barca ‘keeper Valdes for a more modest €10m (£8.5m).
The 31-year-old has been linked with a transfer away from the Nou Camp but as yet nothing seemed to have come to fruition.
Yet the Spaniard has reportedly joined Falcao in the French Riviera and will look to tie up his own move to the increasingly impressive Monaco squad.
Last Friday FC Porto duo Joao Moutinho and James Rodriguez signed for rich Ligue 1 club for a combined fee of €70m (£60m).
Securing the signatures of both Falcao and Valdes would certainly signal Russian billionaire owner Dmitry Rybolovlev’s intent to spend big this summer in order to become a European giant.
Despite only having just been promoted following a two-year spell in Ligue 2, it’s clear Monaco are not just aiming to avoid relegation but trying to challenging fellow wealthy side Paris Saint-Germain for the French league title.