The 28-year-old Spain international will complete his move to White Hart Lane subject to medical, adding firepower to Andre Villas-Boas' quest for Champions League qualification
Goal revealed on Sunday that the sides had struck a deal for the forward, with Spurs set to pay the €30 million (£25.9m) release fee following a phone call between Spurs' technical director, Franco Baldini, and Valencia president Amadeo Salvo.
The White Hart Lane side announced the deal on their offical Twitter account, stating: "We are delighted to announce that we have reached agreement with Valencia for the transfer of Roberto Soldado subject to medical. #THFC".
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Salvo confirmed the hold-up in confirming the deal was due to an issue with Soldado's representatives, but with the problems seemingly resolved, Soldado is close to finally completing his move to England.
The signing takes on added significance for the north Londoners in the face of Real Madrid's concerted efforts to sign their star player Gareth Bale.
Goal revealed yesterday that negotiations have started between Spurs and the Liga giants over the 24-year-old Welshman's signature, so confirmation of a deal for Soldado will be welcome news to fans of the Premier League club with the new season just weeks away.
Soldado has been a success at the Mestalla since signing in 2010 as a replacement for David Villa, scoring 81 goals in 141 appearances.