‘The Beast’ is currently sidelined with a foot injury and is unlikely to be back in action until October, but that has not deterred the Spaniards.
Los Che are understood to have made the 29-year-old their top target following their takeover by Singapore-based businessman Peter Lim – which has eased financial concerns at the Mestalla.
Valencia president Amadeo Salvo has reportedly approached City to discuss a deal, with the player himself concerned that he’s now behind Stevan Jovetic in the hunt for a starting berth, as well as Sergio Aguero and Edin Dzeko.
Negredo made a blistering start to his career at the Etihad Stadium last year, but his goalscoring touch deserted him the for the latter half of his debut campaign.
City are thought to be keen to offload the powerful forward in a bid to meet the 16 overseas players in their squad rule for the Champions League – which was imposed following their failure to meet Financial Fair Play restrictions.
The two clubs involved have recently been in business together, with Bruno Zuculini having moved to Valencia on loan yesterday.