The Sevilla midfielder could be signing number two for Crystal Palace manager Sam Allardyce.
Iborra has reportedly been offered to Watford but Everton could rival them for the Spaniard's signature.
The Sevilla midfielder turned down the chance to move to the Stadium of Light.
The Mackems could also miss out on Ryan Mason with the Tottenham Hotspur man set for Hull.
David Moyes is keen to sign the Spanish midfielder in the next week.
The Spanish football has provided an update on the Mackems' move for Vicente Iborra.
It's taken a while for Sunderland to get active in the window but could the wait be worth it with Spaniard Vicente Iborra?
The midfielder is reportedly due on Wearside to finalise his move.
Sunderland are reportedly keen on a move for the Sevilla midfielder.
The Black Cats are reportedly chasing the Spaniard but will have to fight Valencia and Rubin Kazan for a deal.