Portugal winger Nani is set to join Valencia from Fenerbahce in a three-year deal.
The 29-year-old left Manchester United for Turkey in the summer of 2015, having also spent a loan spell back at former club Sporting Lisbon.
During his time at Old Trafford, Nani was part of Sir Alex Ferguson's successful side and won the Premier League four times as well as the 2008 Champions League final.
The deal taking Nani, who was also a reported target of Stoke this summer, to Spain is believed to be in the region of 8.5million euros (£7.25m).
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