Valencia have reportedly activated the £7m release clause of Nani, who had emerged as a target for both Manchester United and Liverpool
The Portugal star is currently in action at Euro 2016 but that has not dampened speculation surrounding his future at Fenerbahce.
A shock return to the Premier League has been suggested in the Turkish press while, as talkSPORT told you, Inter Milan were also hoping to secure his signature this summer.
But now, according to Fanatik, Valencia are the new front-runners having offered the required sum to sign him from the Turkish club.
It has been suggested that the former Manchester United star, 29, has already agreed personal terms at the Mestalla with the move set to be completed once he returns from France.