The Colombian has been linked with a move away from Atletico at the end of the season, with Real reportedly high on his list of would be suitors.
“Falcao is not going to go to Real Madrid,” he told Mundo Deportivo. “I will repeat everything I said last year with Sergio Aguero.”
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Since Guus Hiddink arrived at the helm, Chelsea have improved considerably after a tricky start to the campaign.
Newcastle United are staring down the barrel of relegation to the Championship for the second time in the past eight years.