Overview

• Valencia and Rayo Vallecano have agreed on a €1 million fixed fee plus €500,000 in variables and a 20–25% future sell-on clause.
• Coach Carlos Corberán initially resisted the departure to maintain squad depth and cleared the deal once contractual terms were finalized.
• Fran Pérez, who has one year left on his contract without a renewal, will undergo a medical in Madrid before Rayo’s UEFA Conference League registration deadline.
• Last season Pérez made 17 league appearances almost exclusively as a late substitute and did not record a goal or assist.
• The transfer opens one of Valencia’s 25 squad slots and the club plans to reinvest the proceeds in signing a new winger or forward.