Radamel Falcao tells potential transfer suitors that he intends to stay with Atletico Madrid until the end of the season, ruling out a January move to Chelsea, reports the Daily Mail.

Falcao told reporters during an official State ceremony, where he was awarded the Excellent Citizen Award by the Colombian Police, that the Premier League will not have a new Colombian addition to its eclectic demographic of international footballers this January.

The news will hamper Chelsea’s transfer dealings in the new year, as they look to secure the signing of a proven goal scorer to compete with, or compliment, Spain international Fernando Torres.

The Colombian striker, 26, said that he held a debt of gratitude to Atletico president Enrique Cerezo, stating, “I recognise the great effort Enrique Cerezo has made for me to stay at the club.”

‘And thank goodness our sporting results have been positive. We expect that to remain so until the end of the season,” Falcao continued.

The Mail reports that Falcao’s stay at the Vicente Calderon Stadium for the duration of the 2012/13 season will scupper Roman Abramovich’s transfer plans, with a £48million package intended to be used to secure the Columbian’s signature.

The Blues are also looking to bring David Villa to Stamford Bridge as another striking option for the West London club. The move for Villa will likely be a short-term loan deal to provide familiar support for Torres.