Manchester United completed a midnight deal to secure the £20m loan signing of Radamel Falcao after being forced to seek an extension to the 11pm transfer deadline in order to take the club’s summer spending through the £150m barrier.
United, who clinched the one-year loan transfer after Manchester Cityand Arsenal rejected the opportunity to pursue a deal for the AS Monaco forward, requested the extra hour to process paperwork to meet the requirements of the Fifa Transfer Matching System after Falcao passed a medical.
Despite being granted the midnight extension by the Premier League, United did not confirm Falcao’s signing until the early hours of Tuesday morning, with an official press statement issued at 1.30am.
Falcao landed in Manchester last night ahead of a medical at United’s Aon Training Centre after the club’s executive vice-chairman, Ed Woodward, negotiated a season-long loan with a view to a £35m permanent move for the Colombia international.
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