Moutinho and Rodriguez reportedly set to sign for French side.
Newly-promoted Monaco are set to continue their spending spree by raiding Porto for Joao Moutinho and James Rodriguez in a deal worth 70m euros.
Moutinho, 26, has been a long-term target of Tottenham boss Andre Villas-Boas, but it appears that he is set to miss out on his compatriot who is reportedly on his way to France.
Speculation suggests he will be joined by team-mate and Columbian striker James Rodriguez, who played an integral role in the Portuguese giants clinching the league title this season.
They are just the latest big-name signings linked with a move to the French side, who will return to Ligue 1 next season after boss Claudio Ranieri successfully guided them to promotion.
According to Sky Sport Italia the deal is done, news which was later shared by Gazzetta dello Sport writer Tancredi Palmieri on Twitter.
BREAKING NEWS: Moutinho and James Rodriguez signed for Monaco for 70m €, according to Sky Italy
— Tancredi Palmeri (@tancredipalmeri) May 21, 2013
There is yet to be any official confirmation of the deals, but there is much excitement surrounding Monaco ahead of their return to the top flight.
Rodriguez, 21, has been a target for some of the major clubs around Europe after an excellent spell in Portugal, but it is unclear at this stage whether or not he would be interested in a move away from the Dragao.
Recent speculation has also suggested that the duo may be joined by Rodriguez’s countryman Falcao who is set to leave Atletico Madrid this summer, as Monaco attempt to build a star-studded squad capable of competing with the likes of PSG and Marseille next season.