Arsenal have accepted a bid from Valencia for Francis Coquelin, as confirmed by manager Arsene Wenger.

Sky Sports reported Wednesday night that the Gunners had accepted an offer of £12m for the 26-year-old.

Coquelin has featured only seven times in the Premier League this season and was not included in Arsenal's squad for the 0-0 draw with Chelsea in the Carabao Cup semi-final on Wednesday night.

When asked after the match if the reports about Coquelin were true, Wenger replied simply: "Yes."