By FOX Sports staff
Falcao, who netted an astonishing 70 goals in 90 games during two season with the Rojiblancos, left the club earlier in the summer to join ambitious French Ligue 1 outfit Monaco for a fee reported to be in the region of €60million.
However, the club managed to pull off a coup by signing Villa from reigning La Liga champions Barcelona for just over €5m, and despite his increasing years, Simeone believes he has what it takes to have a similar impact as his Colombian predecessor.
"Falcao was the reference man on our team and we looked to supply him," the Argentine tactician told Marca.
"David is similar in position. He has good technical quality and has a better understanding of the game than Falcao does."
Although he has been plagued by injuries in the last couple of years, Villa remains one of the deadliest strikers in Spain, best exemplified by his five-year stay with Valencia prior to him moving to the Nou Camp, where he scored 128 goals in 217 games in all competition for Los Che.