Chelsea, Manchester City and Real Madrid have received a boost in their battle to sign Valencia left-back Jose Luis Gaya after reports in Spain claimed negotiations have broken down between the La Liga side and the player in the bid to commit his future to the club.
The 19-year-old defender has garnered a reputation as one of the best young left-backs in Europe after proving to be a sensation in his second season for Valencia's first team. Spain boss Vicente del Bosque is also said to have him in mind for the national team.
In March, Spanish newspaper AS said Real Madrid have earmarked Gaya as their next top summer target, following the arrival of Porto star Danilo.
But the reports claimed Los Blancos will face competition from both Jose Mourinho's Chelsea side and City, and that the Premier League giants were willing to meet his €18m (£13m, $19.5m) release clause.
City are expected to make a huge summer overhaul, while Mourinho is said to be monitoring the situation amid reports claiming Filipe Luis could return to Atletico Madrid at the end of the campaign.
Even though Gaya's contract expires in 2018, Valencia have been in negotiations with his agent in recent months to secure his future with a new deal that would increase the value of his release clause – in order to ward off the current suitors with a less affordable price tag.
But Valencia-based newspaper Super Deporte reports the club have broken negotiations with the player's agent as they are do not want to fulfil his demands.
The reports claim Valencia are ready to offer him a lucrative pay rise in exchange for an increase in his current release clause to around €50m. However, the player wants to have a lower release clause – close to €30m - to facilitate a future move to another club.
Valencia are expected to renew their attempts to commit Gaya to the club on a long-term basis once the season ends but in the meantime any suitors, such as City or Chelsea, could seize the situation to secure his services by paying his €18m release clause.