Falcao agrees new Porto deal
Porto striker Falcao has agreed a new two-year deal with the club. seemingly ending any prospect of a move to Chelsea.
The Colombian, who scored 38 goals last season as Porto won an eye-catching treble, was reportedly a target for new Blues manager Andre-Villas Boas, who himself made the switch from the Estadio do Dragao this summer.
A release clause of €30m had been in place, a figure that has now been raised to €45m.
Falcao, who had also been linked with Atletico Madrid, is now contracted to the club until the end of the 2014/15 campaign.