The 26-year-old, who has scored 36 goals in his first season with the Spanish club, has emerged as Chelsea's top summer target, according to the Daily Mail.
The former Porto striker is expected to replace the outgoing Didier Drogba, as the Blues ready their squad for the new campaign.
Falcao has scored 11 goals in 35 caps for Colombia.
Restore Data
| Team | P | W | D | L | F | A | GD | PTS | |
| 1 | Liverpool | 24 | 17 | 6 | 1 | 58 | 23 | 35 | 57 |
| 2 | Arsenal | 24 | 14 | 8 | 2 | 49 | 22 | 27 | 50 |
| 3 | Nottingham ForestNott'm Forest | 24 | 14 | 5 | 5 | 40 | 27 | 13 | 47 |
| 4 | Chelsea | 24 | 12 | 7 | 5 | 47 | 31 | 16 | 43 |
| 5 | Manchester CityMan City | 24 | 12 | 5 | 7 | 48 | 35 | 13 | 41 |
| 6 | Newcastle UnitedNewcastle | 24 | 12 | 5 | 7 | 42 | 29 | 13 | 41 |
| 7 | Bournemouth | 24 | 11 | 7 | 6 | 41 | 28 | 13 | 40 |
| 8 | Aston Villa | 24 | 10 | 7 | 7 | 34 | 37 | -3 | 37 |
| 9 | Fulham | 24 | 9 | 9 | 6 | 36 | 32 | 4 | 36 |
| 10 | Brighton & Hove AlbionBrighton | 24 | 8 | 10 | 6 | 35 | 38 | -3 | 34 |
| 11 | Brentford | 24 | 9 | 4 | 11 | 42 | 42 | 0 | 31 |
| 12 | Crystal Palace | 24 | 7 | 9 | 8 | 28 | 30 | -2 | 30 |
| 13 | Manchester UnitedMan Utd | 24 | 8 | 5 | 11 | 28 | 34 | -6 | 29 |
| 14 | Tottenham HotspurSpurs | 24 | 8 | 3 | 13 | 48 | 37 | 11 | 27 |
| 15 | Everton | 24 | 6 | 9 | 9 | 25 | 30 | -5 | 27 |
| 16 | West Ham UnitedWest Ham | 24 | 7 | 6 | 11 | 29 | 46 | -17 | 27 |
| 17 | Wolverhampton WanderersWolves | 24 | 5 | 4 | 15 | 34 | 52 | -18 | 19 |
| 18 | Leicester CityLeicester | 24 | 4 | 5 | 15 | 25 | 53 | -28 | 17 |
| 19 | Ipswich TownIpswich | 24 | 3 | 7 | 14 | 22 | 49 | -27 | 16 |
| 20 | Southampton | 24 | 2 | 3 | 19 | 18 | 54 | -36 | 9 |
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