Chelsea would of course, be the immediate favourites, as they could use their new manager, Villas-Boas as bait, who could be a direct link and companion in a new country for Falcao. The 25 year-old striker had a fantastic season with Porto with his manager, and has a good relationship with him, as well as a clearly successful one, so if the offer of a partnership were to arise, Falcao, who has admitted that he would "like to experience" being at one of the "big English clubs like Arsenal and Tottenham" recently, would of course jump at the chance of signing for a top Premier League side.
Another factor which may end up swinging away from Arsenal and towards Chelsea in the race to sign Falcaou is his asking price. Falcao has a release clause in his contract of £26.5 million, which so far has not been matched, but if it were to be, Porto will have to allow negotiations to occur.
Arsenal, under the guidance of Arsene Wenger are often reluctant to spend big amounts of money, while the new Chelsea manager will most certainly be given a healthy balance by Roman Abramovich to propel the team to Champions League glory. However, Wenger has been given a substantial amount of backing by certain Arsenal shareholders this summer, so if Wenger were to see Falcao as a future Arsenal player, it seems he has the money to make it happen.
Arsenal are close to capturing Lille's Ivorian forward Gervinho, but as Nicklas Bendtner seems certain to leave the club, Arsenal may well be looking for some further additions to the front line, especially considering their previous bad fortune with injuries and bad form with van Persia and Marouanne Chamakh respectively.
Likewise, with Chelsea's forward line getting increasingly older, as well as some whispers that Didier Drogba could be on his way, Falcao, who scored 38 goals in 42 appearances last season would be an excellent acquisition for the London side.
The players agent, Claudio Mossi said of any possible Chelsea interest:
"If Villas-Boas is the new coach of Chelsea it is normal for players that are closest to follow him."
"But at the moment I have not heard from anyone from Chelsea, although the player would like such a destination."While he explained the situation about Arsenal and Tottenham's interest in Falcao:
"These clubs [Arsenal and Tottenham] are always interested, but they have been blocked by Porto's €30 million [£26.5m] release clause."
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