Thursday, August 4, 2011

Real Madrid loans Sergio Canales to Valencia

Sergio Canales will play for Valencia
Sergio Canales will play for Valencia on loan until the summer 2013 according to AS

Valencia have secured a buying option for Canales, believed to be worth £10.4M, while Real Madrid will be allowed to re-sign the midfielder during the two-year period which follows the player's potential transfer to the Mestalla for a reported fee of between £13M-£15.5M.

Canales, 20, had a muted first season at the Santiago Bernabeu after signing for the club from Racing Santander last summer.

The midfielder, who made 15 appearances for Real Madrid last season, will complete a move to Valencia after the conclusion of the Under-20 World Cup in Colombia

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