ATLETICO Madrid have dashed Chelsea's hopes of signing star striker Radamel Falcao .

The Blues have been linked with a move for the Colombian international, while Manchester City, Barcelona and Real Madrid are also believed to be tracking the former Porto frontman.

However, the Spanish side insist Falcao is not for sale and will remain at the Vicente Calderon next season.

"The club has very clear ideas on this," sporting director Jose Luis Caminero told AS .

"Falcao will remain at Atletico Madrid and any talk of an exit is misplaced.

"The striker will remain with us next season and we are not considering any other possibility."

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