Real Madrid sells Gago and Canales to Valencia

Valencia and Real Madrid have reached an agreement for the transfer of Fernando Gago and Sergio Canales. The two players had previously given the 'ok' to Valencia for playing on its squad, in the case of Gago for the next four seasons. About Canales, he is going to stop being a loan and become Valencia player for all purposes. Valencia, in fact, made ​​official the hiring of the Argentinian on its website. In selling Canales missing only some details, but in any case Real Madrid reserves an option to repurchase.

Fernando Gago. New Valencia player

Valencia pays for Gago 3.5 million euros, while the price agreed for Canales is 8 millions. That is, Real Madrid earns 11.5 million euros with this sale operation.

Fernando Gago, leaves the Real Madrid team after four seasons in the club, although last year he played on loan in Rome. The Argentinian reduces almost a 50 percent his current salary to accept the Valencia's offer. He is already in Valencia and will be presented today at 6:00 pm and is scheduled to join the team's pre-season stage at Marienfeld (Germany) on Saturday. Earlier, at 1:30 pm, the player will pass medical examination at a clinic in Valencia.

Canales finishes his relationship with Real Madrid, although the white club has an option to repurchase. The Spanish midfielder arrived to Mestalla last term on loan for two years. But Valencia wanted to keep him in property, even though he has undergone in the last twelve months two cruciate ligament injuries on the right knee.