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Man United signs Falcao loan with option to buy

Published on NewsOK Modified: September 1, 2014 at 7:37 pm •  Published: September 1, 2014

LONDON (AP) — Manchester United has signed Radamel Falcao on loan from Monaco in an unexpected move on transfer deadline day Monday.

The Colombia striker's deal gives United an option to buy him at the end of his season-long loan.

The 28-year-old Falcao says "Manchester United is the biggest club in the world and is clearly determined to get back to the top."

Bringing one of the hottest properties in world soccer to Old Trafford is a coup for United's owners, with the Glazer family under pressure to spend after a rapid decline since Alex Ferguson retired as manager in May 2013 after more than 26 years in charge.