Cerezo: We do not need to sell Falcao

Atletico Madrid president Enrique Cerezo has revealed the club does not need the money that has been reported to be a possible transfer fee for attacker Radamel Falcao.

Press in UK and Spain have reported rumours that Chelsea are willing to begin talks with Atletico over the mercurial striker at €60 million but Cerezo has claimed that the vast amount of cash is not needed at the club.

"I have 60 million and the truth is that they are very well where they are. I do not know if Madrid have the money, but I know my accounts," he said at the Atletico Madrid rugby team presentation.

Real Madrid president Florentino Perez joked that he had passed Falcao a napkin with an offer of moving to the Santiago Bernabeu at a recent awards ceremony in a similar style as to when he proposed Zinedine Zidane's move to the Spanish capital from Juventus in 2000.

"I saw no napkin. Furthermore, there were not paper napkins, but cloth," he added, "I do not know what he is talking about. The napkins are worth what they are worth."

Falcao scored five goals in Atletico's 6-0 win over Deportivo La Coruna over the weekend and is currently leading the league's scoring charts with 19 goals in 15 games.