Nicolas Otamendi 'to have Manchester City medical after deal agreed with Valencia'

Valencia defender Nicolas Otamendi will have a medical with Manchester City after a deal was agreed for his transfer, according to Sky sources.

It is believed a fee of £31.7m has been finalised for his transfer to the Etihad Stadium and he is already in Manchester to undergo a medical exam later on Tuesday.

Sky sources understand Otamendi, who moved to Valencia from Porto in 2014, will sign a five-year deal with last season's Premier League runners-up.

And Sky Sports' Spanish football expert Guillem Balague told Sky Sports News HQ that common ground was found quickly between the clubs after a previous agreement involving Eliaquim Mangala going to La Mestalla on loan fell through.

"There was a leak from Spain on Friday that a deal had been agreed at €40m and a loan deal for Mangala", Balague said.

"But by the time City had beaten Chelsea on Sunday, Valencia learned that Mangala did want to go to Valencia, or go out on loan, so that meant they had to find another figure and reach another agreement.

"Valencia said that Otamendi has a €50m buy-out clause, but they managed to find common ground at €45m and there are no loan arrangements attached and it has no relation, either, to any money owed for Alvaro Negredo."

Sky Sports reported last week that City were close to striking a deal for Otamendi - an Argentina international with 25 caps and a goal.