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Chelsea shocker: Atletico president confesses Real Madrid deal for Falcao

Real Madrid are new favourites in Spain to sign Atletico Madrid striker Radamel Falcao. In a bombshell that will rock Chelsea and their owner Roman Abramovich, Punto Pelota says Atletico president Enrique Cerezo has confided to friends that an agreement with Real for Falcao has been in place "for some time".

The conversation occurred during Atletico's clash with Celta Vigo, when Cerezo told one of the invited guests that Falcao "had something signed with Real Madrid for some time".

Atletico chief Miguel Angel Gil Marin added to the speculation recently, when saying of Falcao: "He has the right to decide his own future.

"He's very comfortable at home, in the city and the team."

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