Manchester United chiefs have decided against making Radamel Falcao's loan stay into a permanent transfer.

The Daily Star says United will send the Colombian back to AS Monaco at the end of this season.

United have the option to buy Falcao for £40m in June, but have now set their sights on other targets.

United boss Louis van Gaal met with the club's owners, Avi and Joel Glazer, this week to discuss their summer transfer strategy.