Chelsea Transfer News: Blues Don't Need Falcao to Win Premier League Title

Nicholas GossCorrespondent IOctober 16, 2012

MONACO - AUGUST 31:  Falcao of Atletico Madrid celebrates following the UEFA Super Cup match between Chelsea and Atletico Madrid at Louis II Stadium on August 31, 2012 in Monaco, Monaco.  (Photo by Chris Brunskill/Getty Images)
Chris Brunskill/Getty Images

Chelsea don't need to buy world-class striker Radamel Falcao in the January transfer window to win the Premier League title this season, so it would be in the best interest of the club not to make a bid for the Colombian star.

Here is the latest on the Falcao rumors, according to Harry Harris of ESPN Soccernet:

A source has told ESPN that Chelsea are unlikely to replicate the extravagant money spent on Fernando Torres amid ongoing talk of a swoop for Atletico Madrid forward Radamel Falcao.

Not paying an incredibly high price for Falcao would be smart for several reasons. Fernando Torres has played well this season and deserves one full year as the main striker before manager Roberto Di Matteo considers replacing him or bringing in another top striker to play alongside him.

The Blues have created so many goals from the midfield this season with players such as Eden Hazard, Juan Mata and Oscar playing very well, so there isn't a huge need for Matteo to overpay for another striker.

Chelsea are currently at the top of the Premier League table with 16 points and are one of the two teams still unbeaten during league play (Manchester City are the other). They are tied for second in goals scored and have proven themselves against top squads such as Arsenal and Newcastle.

There's no need to make drastic changes to a squad that won the Champions League last season and have a tremendous chance to win another league title this year.

Chelsea made enough strong additions to the team during the summer transfer window to give themselves an opportunity to win every competition that they play in this season.

If an important attacking player gets injured between now and January, then rethinking a possible bid for Falcao would be a smart idea, but at the moment, the Atletico Madrid striker isn't a player that the Blues desperately need, especially for a high price.

The Blues should not make a huge bid for Falcao in January, and instead, they should continue to develop the abundance of young talent already in the squad.