Penalty saving specialist Diego Alves leaves Valencia for Flamengo

With the deal, Flamengo adds one of the world's best penalty saving goalkeepers to an already packed roster that includes stalwarts Paolo Guerrero and Diego, and recent signings Éverton Ribeiro and Rhodolfo.

But, Valencia released a brief statement on Sunday saying, "Valencia CF (Football Club) has concluded an agreement with CR Flamengo on Sunday for the final transfer of the rights of goalkeeper Diego Alves to the Brazilian club".

The Brazil global, 32, had reportedly been a target for La Liga club Deportivo La Coruna, but he has agreed a return to his home country, with Globoesporte reporting a transfer fee of €300,000. Alves had played for Botafogo and Atletico Mineiro before leaving for Spanish club Almeria in 2007.

Alves, who has saved more penalties than any other goalkeeper in the history of Spain's top flight, then joined Valencia in 2011, and departs Los Che having made 142 appearances for the club in all competitions.

He broke another record in April when he denied Cristiano Ronaldo from the spot to accumulate six penalties saved in a season, conceding only three spot kicks over the course of the campaign.

According to reports in Spain, Flamengo have signed Alves on a four-year contract for less than 500,000 euros.