Manchester United striker Radamel Falcao must accept a major pay-cut if he wants a move to a Premier League rival.

On-loan from AS Monaco, Falcao is understood to want a move to London if United pass on triggering their permanent option.

But the Mail on Sunday says United won't take up the option to buy on-loan Falcao from Monaco.

And unless Falcao is willing to take a 'hair cut' on his wages he could end up back in Monte Carlo.

No Premier League club is currently interested in the Colombian striker.