Chelsea midfielder John Obi Mikel has conditionally agreed to join Valencia, Independent.co.uk reports.
According to the report, Mikel has agreed the outline details of a move to Mestalla stadium (Valencia home ground) after meeting with the club's sporting director, Jesus Garcia Pitarch, in London on Christmas Day.
Pitarch also confirmed that he held talks with the Nigerian international.
He said: "In the case of Obi Mikel, with Chelsea's permission, I met with him in London on Christmas day.
"I informed him of the option [of joining Valencia]. He said he would think about it."’
However, Mikel's transfer has been put on standby as Valencia are looking for a new coach following Cesare Prandelli's decision to resign after less than three months in charge.
The former Italy coach stepped down following a disagreement with the club owners over transfers.
"Now we will have to evaluate the situation," Garcia Pitarch added.
Valencia are also looking to reinforce their squad this month in a bid to turn their fortunes around.
With just three wins in their 15 league games, the team sits at the 17th position in La Liga and level on 12 points with Sporting Gijon, who are in the relegation zone.
Mikel on the other hand, has not featured for Chelsea this season, and becomes a free agent in the summer.
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The Super Eagles of Nigeria’s captain looks set to leave the Blues this month with Valencia being his likely destination.
Mikel has also received offers from Inter Milan, Marseille and the Chinese Super League.