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Atletico Madrid president Cerezo rules out bid for Porto striker Falcao

Atletico Madrid president Enrique Cerezo says they won't be moving for Porto striker Radamel Falcao.

Atletico were expected to use the money from Sergio Aguero's sale to Manchester City to sign the Colombia international.

But Cerezo insisted: "We like Falcao, but he is expensive.

"We know that Porto are asking for and there were not even any contacts."

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