Real Madrid has confirmed the departure of midfielder
The 21-year-old spent last season at the Mestalla on a temporary basis after a two-year loan deal was agreed.
The deal contained a double clause which allowed Valencia to sign Canales permanently for a fee which was reported at the time to be
Los Che has now exercised its right to buy Canales, with the player reportedly signing a five-year contract.
A statement on Real's website confirmed: "Real Madrid CF and Valencia CF have concluded the agreement for the transfer of
Santander-born Canales has represented
West Ham United has completed its first transfer of the post-season after signing Romania international fullback Razvan Rat on a free transfer.