Having arrived at PSG for €30m last January, Gonçalo Guedes has struggled to receive any playing time opportunities at all.
For several weeks now, Les Parisiens have been searching to find an exit door on a loan basis for the 20-year-old Portuguese.
Valencia representatives were at the Parc des Princes last night and are confident of closing a loan agreement in the coming hours for Guedes, likely to be without an option to buy.
VCF have also made enquiries for Lucas Moura and Hatem Ben Arfa.