Radamel Falcao has completed a loan move to Chelsea, which will see him feature at Stamford Bridge for one year, with the option of a permanent deal at the end of the season.

The 29-year-old joins Jose Mourinho’s Blues after a lacklustre season in the Premier League last season – having joined Louis van Gaal at Manchester United on identical terms. Falcao will join the London side on a loan deal worth £4million with Chelsea having an option of a permanent deal for £35million next season. The Colombian will earn wages of £130,000-a-week. Falcao’s future has been set to be away from current club AS Monaco for some time, but clubs remain cautious in a making a permanent deal after his lengthy absence with injury, which many believe halted his progress at Old Trafford.

A Colombian international, Falcao is now reunited with striking partner Diego Costa, with the duo forming a formidable affiliation at Atletico Madrid in previous seasons. 25 goals in 58 international appearances leave the forward in good stead, and he will hope to improve on his inaugural season in England.

Falcao found the net just four times, while achieving a further five assists, in 26 league appearances. He also failed to score six cup appearances and 71 minutes in the Under-21 Premier League, but many supporters believed the treatment of van Gaal was unfair, not allowing the striker enough gametime to prove his worth.

Averaging a goal every 322 minutes in the league last season, Mourinho will hope to get Falcao back to the form that single-handedly humiliated the Blues with a 4-1 victory in the 2012 UEFA Super Cup. Claiming the Man of the Match award, Falcao secured a hat-trick in the first half – becoming one of the most prolific strikers in the world prior to his injury.

The news comes after Didier Drogba departed from Stamford Bridge, and Falcao will now compete with the likes of Costa, Loic Remy and youngster Dominic Solanke. As a result, he should find it considerably easier breaking into the starting XI, unlike at Manchester United where he competed with the likes of Wayne Rooney and Robin van Persie.

Radamel Falcao currently holds the record for the highest goal tally in a single Europa League tournament, with 17 goals.