Valencia are looking to improve their fortunes after a poor season thus far.
A move for Albiol would see him return from Real Madrid, and Superdeporte report that negotiations have been taking place between club officials.
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Summer 2016 is set to be a very exciting time for football fans, as this is when the long awaited Euro 2016 tournament kicks off.
Since Guus Hiddink arrived at the helm, Chelsea have improved considerably after a tricky start to the campaign.