MADRID, Aug 9 (Reuters) - Valencia have reached an agreement with Racing Santander to sign Serbia striker Nikola Zigic on a five-year contract, the Primera Liga club said on Thursday.
Spanish media reported the deal was worth around 15 million euros ($20.67 million). The player will take a medical and be presented on Friday.
The 26-year-old Zigic joined Racing from Red Star Belgrade last August and was one of the revelations of the season, top scoring for the Catabrian club with 11 goals.
His imposing 2.02-metre presence also helped set up numerous goals for his team mates.
Zigic was voted Serbian Footballer of the Year for 2006 after helping Red Star to a domestic league and cup double. He scored 11 goals in 23 league appearances, and struck twice in the cup final for them.
Zigic is likely to be the preferred strike-partner for Spain's David Villa at Valencia, and his arrival puts a question mark over the future of Spain and former Liverpool striker Fernando Morientes.
Valencia finished fourth in the Primera Liga last season and face Swedish side Elfsborg in the third qualifying round of the Champions League next week.