Valencia reach agreement for River Plate defender Eder Alvarez Balanta?

Valencia have agreed terms with River Plate over the signing of Colombian prospect Eder Alvarez Balanta for a reported sum of £5m (€6.5m).

However, if the Spanish club want to sign the defender, they have to free up a slot in their squad for a 'non-EU' player as the defender doesn't hold a European passport, according to Canchallena.com.

The 21-year-old has attracted a lot of interest, with the likes of West Ham United and Liverpool keen for the Colombian's signature.

Balanta was named in Colombia's 23-man squad for this summer's FIFA World Cup, making just one appearance in Colombia's 4-1 win against Japan.