Soldado has a release clause of €30 million, which Valencia insist the Premier League side must meet.
Tottenham have made an offer of just under that figure, but Cadena Ser report that talks are ongoing and the clubs are close to agreeing a price.
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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.