Falcao has recently been linked with a move away from Porto after an impressive season for the Portuguese giants.
“My future? I have two years left with Porto and I am happy at this club,” said the 25-year-old.
“My dream is now to play in the Champions League next season with Porto. That is the truth.”
“We have no plans to enter into discussions for Falcao or any other players,” added Porto president Pinto da Costa.
“Letting players of that quality leave would damage the squad.”
