The former Lorient forward has not starred frequently for the Parisians since signing for them 18 months ago.
Superdeporte report that Valencia, who made a move for Gameiro in the summer, will make a renewed attempt to sign him in a few months’ time.
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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.