Radamel Falcao’s heavy cost to Manchester United is in wages, not fee

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When it came out earlier that Manchester United was set to sign Radamel Falcao on a season-long loan from Monaco for a fee of just $9 million, it seemed they had pulled off the steal of the transfer market.

That’s not exactly the case now that we know more about the deal.

Ed Woodward has indeed pulled off a loan deal for Falcao that will set United back by just a $9 million fee, but they also have to pay his wages.

All of them. And they’re huge.

According to The Telegraph, Falcao’s wages are a solid $575,000 a week, which amounts to $30 million over the season. And United’s paying all of that.

Allllll of it.

For a season-long loan, that’s bonkers. Insane.  And although it’s likely the same they’d be paying if they had snatched him up permanently, this is still a bigtime investment.

There have been plenty of pictures surfacing on Twitter to confirm Falcao’s presence in Manchester, as he arrived from Monaco on a private jet. It is understood through reports that he will travel from Manchester following the completion of his deal to Miami where the Colombian squad is scheduled to play Brazil in a friendly during the international break.

Don’t forget to tune in to the “Transfer Deadline Day Show” on NBCSN (Monday, 6-8 p.m. ET).

Chelsea cancel Premier League victory parade

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Chelsea have announced they will not be parading the Premier League trophy through the streets of London this Sunday.

[ MORE: Full 2016-17 season reviews

The Blues released a statement on Wednesday detailing their decision to cancel the parade which would have seen the first team board an open top bus outside Stamford Bridge on May 28 and celebrate their PL title success, and a potential FA Cup trophy, with their fans.

However, due to the UK government updating the terror threat level to critical (meaning an attack is imminent) following the Manchester bombing on Monday which killed 22 people, Chelsea have decided to cancel the event as a mark of respect and due to the ongoing situation across the United Kingdom.

Below is the statement from Chelsea in full.

“Everyone associated with Chelsea Football Club offers our heartfelt condolences to those affected by Monday’s terror attack in Manchester. Our thoughts go out to all the victims, and their families and friends. In light of these tragic events, we feel it is inappropriate to go ahead with the victory parade in London on Sunday.

“Given the heightened security threat announced by the Government, and recognising that this is a developing situation, we have given this careful consideration. We strongly believe, in the interests of everyone, this is the correct course of action. We are sure our fans will understand this decision.

“Having consulted with the Metropolitan Police, Hammersmith and Fulham Council and other authorities, we know the emergency services would have been as professional as ever, but we would not want in any way to divert important resources by holding an additional, non-ticketed event on the streets of London.

“Furthermore, as a mark of respect, our players will wear black armbands at the FA Cup Final against Arsenal on Saturday. Chelsea Football Club will also make a donation to a fund supporting the victims of this horrific attack.”

Liverpool win 3-0 in Australia; tributes paid to Manchester

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Liverpool beat Sydney FC 3-0 in an end of season friendly in Australia on Wednesday.

[ MORE: Full 2016-17 season reviews

Jurgen Klopp‘s men traveled Down Under and played in front of a crowd of 72,892 at the ANZ Stadium, with Daniel Sturridge, Alberto Moreno and Roberto Firmino scoring the goals against the A-League side.

There were even special appearances from Liverpool legends Steven Gerrard, Jamie Carragher and Steve McManaman as the Reds ended their 2016-17 season in style in Sydney.

Klopp’s sealed fourth in the Premier League on Sunday, qualifying for the UEFA Champions League playoff round in the process.

As well as the game taking place in Sydney, there was also a moment of silence before kick off as both teams honored the victims of the Manchester terrorist attack which took the lives of 22 people on Monday.

There was also a stunning rendition of “You’ll Never Walk Alone” from the fans in Sydney, which you can watch in the video below.

Day Four: All the action from the U20 World Cup

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South Korea and Venezuela clinched berths in the knockout rounds of the U-20 World Cup on Tuesday, while Germany and Argentina have surprising work to do after two matches in South Korea.

[ MORE: Allardyce steps down at Palace ]

South Korea 2-1 Argentina

Barcelona B man Lee Seung-woo helped South Korea take a 2-0 lead, then hold on for the win and group lead over England.

England 1-1 Guinea

Chelsea youngster Fikayo Tomori scored a wild long range own goal to cost England the three points, but the Blues are still well-positioned to advance out of the group stage. Bournemouth midfielder Lewis Cook scored for England, and it was a beaut.

Venezuela 7-0 Vanuatu

Seven different Venezuelans have scored through a pair of shutout wins, with Caracas’ Sergio Cordova the only one to bag a pair.

Mexico 0-0 Germany

Germany has just one point through two matches, thanks largely to Pachuca’s Abraham Romero’s seven saves. Mexico was outshot 12-6.

Porto, Watford, Hull? Marco Silva in demand

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Marco Silva is one of the hottest properties in management, months after eliciting cries of “Who?” following his appointment at Hull City.

While those cries may have been a tiny bit myopic given his time at Sporting CP and Olympiacos, the 39-year-old is now visible to the world despite Hull’s relegation.

[ MORE: Real Madrid nabs $50m teen ]

Silva will be back in England to meet with Hull on Wednesday, but a clause in his contract that said he could leave if the club was relegated gives the Tigers very little hope.

Rumors have him wanted at Watford, and he’s also been linked with a number of other jobs including Southampton (should the club part ways with Claude Puel).

However, the former right back is also reportedly a target of one of the biggest clubs in his home country: Champions League side Porto.