Porto forward Jackson Martinez is reportedly closing on a move to Valencia.
The 28-year-old has scored 92 goals in 132 games for Porto since joining the Portuguese outfit from Chiapas in 2012.
Arsenal have been strongly linked with a move for the Colombian, but according to Todo Mercado Web, Valencia are close to agreeing a deal for the striker.
Valencia, who finished fourth in La Liga last season, will have money to spend this summer under the ownership of Singaporean businessman Peter Lim.
Martinez, meanwhile, is said to be keen on a move to Spain having enjoyed an impressive three-year spell in Portugal.