Valencia have completed the signing of Benfica winger Enzo Perez.

Perez will join Valencia on-loan to the end of the season before committing to a three-year contract.

Valencia will pay €25 million for the transfer.

Portugal's Securities Market Commission (CMVM) cannot announce the transfer until June which means that the operation will be treated as a loan deal until then. The player also must also adjust his salary demands in accordance with Valencia's transfer policy.