Colombian star Radamel Falcao is set to remain in the Premier League with champions Chelsea.

Chelsea are believed to be on the verge on agreeing to loan terms with the the Colombian striker.

The 29-year-old joined Manchester United on loan last season from Moncao, however, failed to live up to expectations, scoring just four times in 29 appearances.

Chelsea coach Jose Mourinho told DirecTv Sports last week that he was interested in helping the star to get back to his best form.

“If I can help Falcao reach his level again, I will do it,” Mourinho said.

“It hurts me that people in England think that the real Falcao is the one we saw at Manchester United."