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Published 09:24 20 Nov 2015 GMT
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It fulfils Van Gaal's desire for the 33-year-old not to join a Premier League rival, while allowing him to return to his home city of Barcelona.
However Newcastle United, whose first choice Tim Krul is out for the season, could yet attempt to hijack the deal.
Espanyol are currently 13th in La Liga, but no team in the Spanish top-flight has conceded more than their 23 in 11 games.
They have struggled for clean sheets since former number one Kiko Casilla moved to Real Madrid, so Valdes could be the perfect addition to their squad.Boston locals slam England fans over chant they sang in pub
While The Tartan Army got all the praise England and Scotland fans still won’t be getting along it seems, even if the rules on progression from this World Cup could mean that the Scottish fans are cheering on a big victory for The Three Lions. As England prepare to take on Ghana tonight (Tuesday 23 […]
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World Cup pundit sparks outrage with racist comment during Belgium game
The ‘expert’ had only three caps for his national team A pundit on Serbian TV has raised eyebrows after shockingly racist remarks he made during a World Cup game. Rade Bogdanovic, former striker of Yugoslavia national team and Spanish giants Atlético Madrid, sparked controversy with his comments during the World Cup match between Belgium and […]
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Why ‘Türkiye’ is no longer called ‘Turkey’
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