Chelsea are favourites it seems to land Radamel Falcao
The Colombian, who is one of the highly sought-after strikers in the game, has been Chelsea's top transfer target for a while as they look to make a marquee signing in the summer.
And it seems that Real Madrid have declared themselves out of the running for Falcao.
According to Spanish radio station Cadena Cope, a Falcao move is dead in the water as the player's agent, Jorge Mendes, wasn't willing to negotiate on his client's salary demands, which is believed to be in the region of £6.7m.
Gonzalo Higuain has been tipped with a move away from Real Madrid in the summer
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Real Madrid are planning a major clear out in the summer and up to eight players including Karim Benzema and Gonzalo Higuain could be heading for the Bernebeu exit.
Falcao, who fired a hat-trick in Atletico's 4-1 Super Cup win over Chelsea, has 30 goals to his tally this campaign.
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