Sampdoria have accepted they will not get the Ecuadorian as part of any deal.
West Ham would be remiss to let the Ecuadorian leave the club this summer, after a decent first campaign in England.
However, reports today claim that the deal is going ahead and that Valencia is staying put.
It is reported by SampNews24 that Pedro Obiang will be on his way to West Ham this summer after a fee was agreed that did not include Valencia in any sort of swap deal.
The fee is said to be in the region of €8.5 million and it will certainly be a positive signing for The Hammers.
Obiang has been compared to Patrick Vieira in the past because of his physique, dynamic playing style and box-to-box midfield play - he is purpose built for the demands and rigours of the Premier League.
So West Ham will hope this news proves to be accurate.