Reports have suggested that Falcao had fallen out with Monaco coach Claudio Ranieri, something the former Chelsea boss has rejected.
Falcao has recently been strongly linked with a move to Chelsea.
But Monaco vice-president Vadim Vasilyev insists the striker is happy at the club.
“He is very happy here, he feels very good in Monaco,” said Vasilyev. “He loves this club.”
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The start of the 2017-18 Premier League season is just around the corner and is shaping up to be one of the most competitive yet.
As always it is the so called “big clubs” that have splashed the most cash in the transfer window so far this summer. Manchester United or City? Arsenal or Tottenham? Who are the winners and losers of the transfer window so far?