Valencia were successful in overcoming competition from West Ham United in signing Maxi Gomez.

Los Ches signed the striker from Celta Vigo and as part of the deal, Santi Mina and Jorge Sáenz moved in the opposite direction. The latter joined on a two-year loan deal.

The 22-year-old had a €50m buyout clause in his contract and Celta had asked Manuel Pellegrini’s side to pay the entire amount in one go.

Faro de Vigo explains why the Hammers failed to land the Uruguay international, even though they made a ‘dizzying’ offer for the frontman.

It’s stated the Premier League club offered €55m to Celta, which was to be paid in three instalments, but the Spanish side still turned it down.

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If Celta had accepted West Ham’s offer, it would have helped them to raise funds, but at the same time, it would have also blocked Mina’s return.

The report claims Celta earned €30m from Gomez’s sale and Valencia will pay the fee in four instalments, starting from this year. Mina cost Celta €15m. Both Valencia and Celta will earn 20 percent from the future sale of either player.

The two signings, along with Sáenz’s loan move, were formalised as independent operations and not as part of a single deal.