The Argentine World Cup winner looks set to join Valencia in the coming weeks.
The talented Benfica player has reportedly been a long term target of Manchester United's. With his signature they would add to their Argentine contingent, which already boasts Angel Di Maria and Marcos Rojo.
But United are not the only ones with a vested interest in the player. Valencia have also been keen for a number of months. The club, now owned by Peter Lim, have already concluded successful transfer negotiations with Benfica for the likes of Andre Gomes and Rodrigo. Now, it seems, they have done the same with Perez.
It is reported in O Jogo that he will sign for Valencia on the 1st January for a fee of €25 million after the two companies finally game to an agreement on the price. Benfica had reportedly wanted €30 million, which was his release clause. However, Valencia were not keen to sign a player approaching 30 who was set to cost this much money.
The report claims that the deal will be finalised once the Benfica president Luis Filipe Vieira returns from trips to Mozambique and Equatorial Guinea and should go ahead almost as soon as the transfer window opens.
Perez will sign a reported deal until 2019 but no financials are being discussed just yet.
If Manchester United had not already, they can surely cross this name off their wishlist now. He should probably have never been on it in the first place.