On loan striker Radamel Falcao’s time at Chelsea FC has been anything but fruitful for either him or the club, and now it has been revealed that the Blues actually have an option to make the Colombian’s deal permanent.

Falcao, who rose to fame with his stellar performances in the 2010/11 season under Portuguese manger Andre Villas Boas, has experienced a marked decrease in form in the last few seasons, shuttling between top clubs in Spain (Atletico Madrid), France (AS Monaco), and England (Manchester United and Chelsea FC, on loan).

His stints at Manchester United and Chelsea FC since last season seems to have marked the fact that Falcao is now well past the prime of his career, and is no more able to score as effortlessly as he once used to.

The Colombian striker’s contract was leaked on the internet recently by a website called Football Leaks [via The Sun]. It is not the contract, but what the agreement beholds, is of great interest to everyone.

Chelsea FC apparently have an option to make Falcao’s deal permanent with a payment of €50 million to AS Monaco. The option to make Falcao a permanent player at Chelsea FC would be available to the Blues after the end of the Colombian’s contract, which is on July 1, 2016. This payment is to be made in two installments.

The first installment of €25 million is to be paid out to AS Monaco a week after the transfer is approved by FIFA, while the rest of the €25 million can be paid out after the actual deal is completed.

Football Leaks involved in blackmail information

While Football Leaks has brought to light many instances of wrongdoings in transfer dealings, the website has come under the scanner recently and is being investigated for using documents to blackmail leading sports management agency Doyen Sports, according to the Daily Mirror. It has been reported that the blackmails have involved demands of large sums of money ranging from around €500,000 to €1 million.

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