Chelsea have declared that speculation suggesting they are negotiating the sale of John Terry to Valencia are 'nonsense'.
Agent Francois Gallardo claimed on Thursday the 31-year-old was thinking about a move to the Spanish club after deciding to leave Stamford Bridge.
"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 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."
But the Blues immediately dismissed the claims about Terry, who is currently serving a four-match ban after being found guilty by the FA of racially abusing QPR's Anton Ferdinand.
The former England skipper, who has 18 months left on his present deal at the club, has played for Chelsea throughout his professional career.