In a statement, Galatasaray said that they had begun the negotiations with both the player and Monaco for the transfer of the 33-year-old, who is nearing the end of a six-year spell at the principality club.

Falcao, who has not played a single Ligue 1 minute this season due to an ankle injury, is under contract with Monaco until the end of the season, but has reportedly already agreed a three-year deal with 'Gala'.