The Nigerian forward is rumoured to be set to sign for American MLS side Seattle Sounders.
“Martins has deposited with the Spanish football league the amount stipulated in the buy-out clause in his contract with Levante,” Levante said in a statement.
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The reputation of the Premier League means it is the most popular and one of the most watched leagues in the world.
Five English clubs will compete in the last sixteen of the Champions League for the first time ever as Liverpool, Manchester United, Manchester City, Chelsea and Tottenham face some difficult away matches.