Falcao signs for Manchester United in £12m season-long loan Follow all the movers and shakers here Follow the latest on Falcao's move here Cristiano Ronaldo has hailed Radamel Falcao's loan switch to Manchester United as a 'fantastic buy' for Louis van Gaal. The striker will cost the Old Trafford club £12million and follows Angel di Maria, Daley Blind, Luke Shaw, Ander Herrera and Marcos Rojo in joining Van Gaal at United, taking the club's total spending to £150m. Scroll down for VIDEOS... Speed demon: Cristiano Ronaldo believes United have done well to land Radamel Falcao Do the right thing: The Real Madrid superstar refused to accept that Radamel Falcao was wrong for United
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Cristiano Ronaldo believes Falcao's arrival at Old Trafford is good business
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Falcao will cost Manchester United £12million and joins on season-long loan
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He has agreed £200,000-a-week wages and will complete deal on Monday
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The Colombian turned down the opportunity to join Arsenal and Man City
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Man Utd signed Falco amid fears over Robin van Persie's fitness
On the run: Ronaldo spent six seasons at @placeholder before joining Real Madrid in 2009