By Chelsea correspondent Tony Hughes

Chelsea are confident of completing a deal for Radamel Falcao this summer, Football Insider sources understand.

The Premier League champions registered their interest in the Monaco striker last month and opened talks on a deal that would take him to Stamford Bridge on a season-long loan.

Manager Jose Mourinho has reportedly hinted to a South American TV station that he will throw the Colombia striker a Premier League lifeline and sign him this summer.

Football Insider understands that negotiations have advanced to the point where Chelsea are confident that Falcao will replace the departed Didier Drogba as back-up to Diego Costa.

Falcao endured a nightmare season at Manchester United, where he failed to justify his £275,000-a-week wages and scored only four times in 29 matches.

United passed on an option to convert his short-term agreement into a permanent transfer, paving the way for Mourinho to make a move.

“If I can help Falcao reach his level again, I will do it,” Mourinho was claimed to have said on DirecTV Sports on Wednesday. “It hurts me that people in England think that the real Falcao is the one we saw at Manchester United.”

Falcao is away in Chile with Colombia for the Copa America which starts on Thursday and is future is set to be resolved within weeks.