Atletico Madrid president Enrique Cerezo says no offers have arrived for star striker Radamel Falcao.

The Colombian ace is a major target for Chelsea.

"Falcao is under contract for four more years with Atletico Madrid and at this time there are always deals. Football in Europe is moving in a very fast, very strong way, so if there are deals to be studied, we will, if not, then nothing," said Cerezo.

Asked about talk of a swap with Chelsea involving Fernando Torres, he added: "There are snakes in summer and by August we will see thousands, who will be talking all the time about such things."