The Blues skipper has endured a testing year after being found guilty of racially abusing QPR defender Rio Ferdinand.
Despite spending his entire career at Stamford Bridge, Gallardo claims the West London club are ‘insulting him’ and is confident the he will accept the 18-month contract on offer at the Mestalla.
“Valencia are negotiating, and I am involved in person,” he 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 Spain.
“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.”
“Terry has problems,” he added. “They are insulting him and he is not taking it anymore. He asked to leave, not us.
“It’s real. This has been going on for 15 days and two meetings have already took place. The deal is already on his table – a year and a half plus one.
“I think he will accept”