Mexico international striker Hernandez is currently on loan at Spanish giants Real Madrid from English powerhouse Manchester United.
The 26-year-old moved to Madrid on a season-long loan deal in the summer of 2014 and has found it tough to break into Carlo Ancelotti’s starting line-up.
Balague has claimed that the 2014 Champions League winners will not exercise the option to sign the former Guadalajara striker in the summer.
The well-known Spanish football expert has also stated that there are clubs in the top six of the Premier League who are interested in Hernandez.
“The impression is that he has a €10 million clause if Madrid want him, but they are not going to apply it, they are not going to keep him,” Balague said on the Sky Sports’ Morning View today.
“There are English clubs among the top six and top eight clubs who want him. I don’t think he will stay at Manchester United. I think he will move on to one of those clubs.
The fact that United manager Louis van Gaal did not fancy him at the start of the season is a clear indication that the Dutchman has no plans for him next season.
Perhaps a strong season at Madrid would have changed Van Gaal’s mind, but Hernandez has not played regularly at the Santiago Bernabeu.
In 17 La Liga appearances for Madrid so far this season, the United-owned striker has scored four goals and created five chances, while having a pass accuracy of 85% and a shot accuracy of 62%.
Hernandez has featured six times in the Champions League for Los Blancos this campaign, scoring one goal and creating two chances.
That goal came against Atletico Madrid in the second leg of the Champions League quarter-final tie at the Bernabeu on Wednesday.
Hernandez’s strike in the 88th minute proved to be the difference between the two sides, as Madrid progressed to the semi-finals of Europe’s premier club competition 1-0 on aggregate.