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Chelsea are reportedly in talks to sign Radamel Falcao.
The Colombian striker spent the season on loan at Manchester United but failed to make much of an impact - scoring just four goals during his time at Old Trafford .
However, that hasn't put Chelsea off - although they will be looking to agree reduced terms.
Falcao, who returned to Monaco when his Manchester United loan expired, currently commands wages of £265,000-a-week. Chelsea are unwilling to pay that much, plus they are reportedly not willing to meet the £43m transfer fee that United were asked to pay to make Falcao's switch to Old Trafford permanent.
Both Falcao and Monaco are understood to be ready to negotiate considering the last 12 months.
Show all 7 1 /7Seven players Manchester United regret letting leave Seven players Manchester United regret letting leave Diego Forlan Forlan was absolutely useless at Manchester United (aside from a double against Liverpool that United fans still sing about). The Uruguayan took eight months and 29 games to get his first goal and managed just 10 league strikes in the 18 months he was at the club before being sold to Villarreal. However, he would go on to be prolific in Spain, first with Villarreal and then Atletico Madrid. At the 2010 World Cup he even won the player of the tournament award.
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Seven players Manchester United regret letting leave Jaap Stam The Dutch defender spent three seasons at Old Trafford and won three league titles and the Champions League. Despite that he was allowed to leave after making some controversial comments in his autobiography. Sir Alex Ferguson thought it made sense to sell him to Lazio because Stam had appeared to 'lose a little bit' anyway. However, he was superb in Italy and Fergie later conceded 'in playing terms it was a mistake'.
Seven players Manchester United regret letting leave Paul Pogba Pogba was just beginning to emerge at Manchester United when he left the club for Juventus. He was accused of disrespecting the club and United arguably didn't do all they could to keep him. It didn't take long for the Frenchman to establish himself in Italy and he's now valued at around £60m.
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Seven players Manchester United regret letting leave Gerard Pique Having snatched Pique from Barcelona's youth academy, in 2008 he returned to the Nou Camp. The Catalan side matched a £5m buy-out clause for the defender and United respected the Spaniard's wish to return to his homeland. The then 21-year-old would develop into one of the best defenders in Europe and win numerous titles with Barcelona, plus the Euros and World Cup with Spain.
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Seven players Manchester United regret letting leave Patrice Evra More recently, Evra was allowed to leave the club. The Frenchman spent eight years at the club but was deemed to be a fading force and sold to Juventus for £1.2m. In retrospect, Manchester United must have wished they could have called on his experience during tough spells of the most recent campaign, whilst suggestions that he's past his best have been ridiculed by his role in taking Juventus to the Champions League final.
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Seven players Manchester United regret letting leave Carlos Tevez 'Welcome to Manchester' was how Manchester City celebrated signing Tevez, who just the season before had been at United. The Argentina international left Old Trafford after difficult talks that resulted in the player informing the club he wouldn't be staying. Having let a player who helped them win two league titles and the Champions League slip through their grasp, he would go on to win the Premier League and FA Cup with their nearest rivals.
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Seven players Manchester United regret letting leave Paul McGrath Wanting to rid Manchester United of its booze culture, Ferguson let McGrath, who appeared to be drunk during a TV interview, leave for Aston Villa for a mere £450,000. A couple of years later he won the PFA Player of the Year award and helped Aston Villa beat Manchester United in the final of the League Cup.
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The player is currently preparing for the Copa America, where on Friday he said: "I have a few offers, but my agent's looking after it.”
Falcao's agent is Jorge Mendes - who also looks after Chelsea manager Jose Mourinho.
The Premier League champions are seeking reinforcements after Didier Drogba announced he was departing Stamford Bridge for a second time.
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