The Portuguese was Barcelona’s first option to replace Depay, but in the last few hours the Lisbon club has closed the deal.
Gonçalo Guedes scored a wonderful goal to settle the tie against Athletic, moments after Iñaki Williams missed his side's best chance at the other end.
Spain 0-0 Portugal: result, summary
BARCELONA VS VALENCIA
Barcelona 2-2 Valencia: results, summary and goals
Portugal are the first Nations League champions, after winning an intense, hard-fought final against the Netherlands last night...
11 years later, spurred on by the centenary factor, Valencia have won the Copa del Rey once more...
It was a shame to see Valencia bow out, another victim of the Premier League's dominance in Europe as Chelsea and Arsenal progressed to the Europa League final.
After making such a bad start, Valencia have certainly got their centenary season back on course: they're into the final of the Copa del Rey and the last four of the Europa League...
Desde luego, el Villarreal no está de suerte este curso
AS Editor Alfredo Relaño analyses Valencia's 2-1 win over Real Madrid in LaLiga at Mestalla.