Chelsea has branded claims it is negotiating the sale of John Terry to Valencia as "nonsense".
"Valencia are negotiating, and I am involved in person," Gallardo told Radio Intereconomia.
"The offer is on his table. The player is out of contract in June and will not renew there for several reasons at Chelsea and he wants to come to
"He asked to leave. It's real. This has been going on for 15 days and two meetings have already took place. I think he will accept."
The Blues were quick to rubbish the claims, however, with a club spokesman telling Press Association Sport that the story was "nonsense".
Terry, who has 18 months left on his deal at Stamford Bridge, is currently serving a four-match ban for racially abusing
The former England skipper has played for the London club throughout his professional career.
English Premier League
If you are going to achieve something as mad as spending nearly 27 years in the biggest job in football, you might as well bow out in equally ridiculous fashion.