Porto's prolific Colombia international striker Falcao has agreed to extend his contract by two seasons until 2015.
Colombian striker agrees to extend Porto contract
Porto's prolific Colombia international striker Falcao has agreed to extend his contract by two seasons until 2015.
Premier League outfit Chelsea have been heavily linked with the 25-year-old marksman following their appointment of ex-Porto boss Andre Villas-Boas over the summer.
Falcao's previous deal had a €30million (£26.2m) release clause attached, however, that has now been increased to €45m (£39.4m).
The striker is coming off the back of a season to remember having plundered 38 goals last term, helping Porto claim a treble of Portuguese Premier League, Portuguese Cup and Europa League.
Falcao became the top all-time scorer in a single Uefa club competition, scoring 17 goals in the Europa League campaign to break a record previously held by Germany's Jurgen Klinsmann.
He joined the Portuguese giants from Argentina's River Plate in 2009 and has scored an incredible 73 goals in 85 games.
