Tottenham winger Bryan Gil is in Valencia to complete a loan move.
The Spain international is joining Los Che in a straight loan to the end of this season.
Gil is currently undergoing a medical and Spurs have agreed to waive any initial fee. However, Valencia will have to cough up if Gil meets certain targets.
Marca says an option is on the table for Valencia to extend his loan next season.
A new loan arrangement, however, would involve a fee being paid by VCF.