Tottenham Hotspur have reached an agreement with Valencia for striker Roberto Soldado and will pay the player's buyout clause of £26 million, the La Liga club said on Thursday (August 1).

"Valencia have reached an agreement with Tottenham Hotspur Football Club, pending the corresponding medical examination, for the transfer of Roberto Soldado for the amount equivalent to that of his release clause," the club said in a statement on their website (www.valenciacf.com).

A Valencia spokesman said the buyout fee was £26 million, which will be a record transfer for the north London club.

Valencia's president, Amadeo Salvo, had said on Wednesday that a deal was in place but the formalities were being held up until a problem with the player's agents had been resolved.

The 28-year-old Soldado, who scored 30 goals in 46 appearances for Valencia last season, is part of a growing number of Spain internationals who are leaving their homeland to play in the Premier League.

Soldado began his career in Real Madrid's B team where he scored 63 goals in 120 league appearances.

He has played 11 times for Spain and scored six goals.

Presented by Adam Justice