The 25-year-old has a €30million release clause in his current contract, but Porto are keen for the striker to sign a new deal.
“England are crazy about Falcao,” Falcao’s agent Claudio Mossi told Maisfutebol.
“Among the leading candidates are Arsenal and Tottenham. They are willing to hit the 30 million clause.
“The figure is not an extraordinary value for them.”
