Bruce keen on Valencia

The People says Bruce has been handed a huge transfer war chest by club owner Ellis Short.

Bruce is keen on signing the 23-year-old Ecuador star, but face competition from Manchester United, Real Madrid and Bayern Munich.

Craig Gordon, Steed Malbranque, Russel Anderson, David Healy, Michael Chopra, David Connolly and Anton Ferdinand will all be allowed to leave Sunderland this summer.