Radamel Falcao 'to join Chelsea within the next week'

AS Monaco striker Radamel Falcao will reportedly complete his proposed loan move to Chelsea within the next week.

The Colombia international will join his new teammates at a pre-season training camp in Canada on July 19, according to The Mirror.

Falcao's move to Stamford Bridge has been held up because the forward was on international duty with Colombia at the Copa America.

He is said to have agreed to reduce his £265,000-a-week wages by more than half to join Jose Mourinho's Premier League champions.

Falcao spent last season on loan at Manchester United, scoring just four goals in 26 appearances during a disappointing spell with the Red Devils.