The Colombia international has put his career back on track in the principality and is set to be rewarded for a wonderful season
Monaco chief executive Vadim Vasilyev says the Ligue 1 champions are ready to offer Radamel Falcao a contract renewal following his fine performances in 2016-17.
Falcao returned to Monaco ahead of this season following disappointing loan spells with Manchester United and Chelsea and played a key role in their successful campaign.
The 31-year-old netted 30 goals in 43 appearances in all competitions this term and Monaco are keen to prolong his stay at the Stade Louis II, with his existing deal due to expire in 2018.