Nicolas Otamendi
Valencia defender Otamendi (right) has been in good form this seasonReuters

Manchester United have reportedly reached an agreement on personal terms with Valencia defender Nicolas Otamendi.

The Red Devils have been linked to the Argentine defender since the beginning of the season when he was at Porto.

However, Valencia beat the Red Devils to his signature and the player ended up completing a €12 million to Mestalla Stadium, where he signed a five-year contract containing a buy-out clause of £36.5 million.

Despite his switch to Spain, Manchester United did not give up on Otamendi as they made a £23 million bid for the player in the January transfer window.

But Valencia rejected the offer as they refused to accept anything below the amount in the defenders buy-out clause.

It then seemed like United had given up on Otamendi as they cooled their interested in the defender and started looking at other alternatives.

However, the Red Devils have again reignited their interest in the 27-year-old, and according to a report in the Metro, they have this time succeeded to reach an agreement with the player.

Although United and Valencia are reportedly yet to agree on a transfer fee for Otamendi, it is believed that the Red Devils will be paying a little less than the £36.5 million in the player's current buyout clause.

Meanwhile, Manchester United captain Wayne Rooney feels that his side has been a success this season due to them meeting their target of making a top four finish in the Premier League.

United have failed to win any silverware for a second successive season after they won the Premier League under Sir Alex Ferguson in the 2012/13 season.

However, they have done much better under manager Louis van Gaal this season compared to the last, where they finished in seventh place.

And Rooney says that he is satisfied with his side's performances this season, insisting that getting "back into the Champions League" was their main objective.

"The main aim was to get back into the Champions League," Rooney told the club's website

"It was very important because one year [out of the competition] was far too much for this club. So that was our main objective, to bring Champions League football back, and we've done that."

The 29-year-old striker, who says that his side are focused on winning their final game of the season, insists that they will be competing for silverware next season.

"Now we want to go and win the last game of the season and then next season we really want to push for silverware," he added. "We're establishing a very good squad who I believe can go on and win silverware next year."