Monaco vice-president VadimVasilyev has confirmed that Radamel Falcao has no release clause in his contract that will enable him leave at the end of the season.
The player was signed for a whopping sum of £51 million from Athletico Madrid and so far has scored 4 goals in 5 appearances.
Chelsea are still rumoured to be monitoring the Falcao situation but Monaco are adamant there is no clause that would allow the Colombian leave prematurely.
Vasilyev told L’Equipe: “There is no clause in Falcao’s contract that might allow him to leave after a year.”
“It wouldn’t make any sense to build a project around a player who could leave us after one season.
“There are always people who have an interest in these rumours… I would just remind you that negotiations between Tottenham and Real Madrid [for the transfer of Gareth Bale] were very difficult.”
The newly promoted French spent heavily to bring in the likes of Falcao, Joao Moutinho, James Rodriguez, Ricardo Carvalho, Eric Abidal and Geoffrey Kondogbia.
Cristiano Ronaldo was another player linked with the club but Vasilyev insists that this was never on the cards.
“I know him well,” Vasilyev told L’Equipe. “He dedicated a jersey to me when I was sick in the spring. But we didn’t discuss a transfer because Cristiano is a Real Madrid player.
“At the time, he was negotiating a new contract and we were after Falcao. We can’t buy Falcao and Cristiano — you have to remain humble.
“I would like to have Cristiano but we’ve spent a lot of money and we’ll invest less in the future. We can’t continue at that pace and we want to bring through some young players from our training centre, which is one of the best in France.”