Atletico Madrid's Enrique Cerezo: 'Real Madrid cannot afford Radamel Falcao'

Atletico Madrid president Enrique Cerezo has reiterated that striker Radamel Falcao will not leave the club in January.

Cerezo's statements come after reports emerged on Monday claiming that Spanish rivals Real Madrid are preparing a £45m move for the 26-year-old.

"There is a €60m (£48m) clause and the truth is that he is very happy where he is," he told reporters on Tuesday. "I do not know if Madrid have that money. I know my accounts.

"There are no nerves on that topic, so we wait patiently for the Copa del Rey game with Getafe."

Falcao has scored 16 goals in 14 La Liga matches for Atletico so far this season.