Manchester United striker Radamel could reportedly remain at Old Trafford for a second season on loan if goalkeeper David de Gea signs a new deal with the club.
According to the Manchester Evening News, both the players are represented by Jorge Mendes and United, who are keen to extend the Spanish goalkeeper's deal will agree to keep Falcao for another season to pacify the players' agent.
The Colombian striker has had a miserable time at Old Trafford thus far this campaign and has managed just four goals in 27 appearances for the club, despite his lack of form, AS Monaco vice-president Vadim Vasilyev has confirmed that Louis van Gaal will only make a decision regarding the striker's future at the end of the current campaign.
Mendes is keen for Falcao to play in the Champions League, something that the former Atletico Madrid striker has not done since the 2009/10 season. And with United poised to qualify for the competition after a gap of one season, the player's agent feels that he will be best suited to remain in Manchester for another year.
De Gea, on the other hand, has thus far refused to sign a new deal and the Dutch manager has revealed that the club has made him a very lucrative offer, but is awaiting the decision from the player.
The Spanish international has been heavily linked with a move to Real Madrid as a long-term replacement for skipper Iker Casillas, and with the United stopper entering the final-year of his contract, the club fear that he will run down his deal and join the reigning European Champions on a free at the end of the 2015/16 campaign.