On loan Manchester City striker Alvaro Negredo looks set to join Valencia for £24m and be sold as soon as possible, according to reports from Manchester Evening News.

Last summer, Negredo joined La Liga outfit Valencia on a season-long loan, resulting in an obligatory £24m permanent deal, which would take place this transfer window. However, Negredo’s poor form throughout the season has led to numerous reports suggesting that Valencia were attempting to cancel the deal. In April, Manchester City denied claims that the Spanish international would return to the Etihad and they expected the deal to go through as planned.

Since then, it has become apparent that Valencia will attempt to offload the flop striker in the summer, although for a substantially smaller fee, and his future at the Mestalla is uncertain.

Bookmakers are yet to install markets into where Negredo’s future lies, but it is likely that the 29-year-old will look to continue his career in Spain, after reports of homesickness were the reason for the premature end to his once-promising Manchester City career.

A return to Manchester City though, must not be ruled out, as Manuel Pellegrini looks to revamp this squad, in an attempt to close the gap on runaway leaders Chelsea, in this summer’s transfer window.