it isnt exactly the very latest news (ca. 2 days old) but he is a good winger-striker that is doing brilliant with Chile (where he has scored 11 goals in 27 games and thats brilliant from a non-striker position and thats better than Alexis Sanchez goals per game in Chile) but has not found his home in napoli ( he costed napoli 13 M.E)

http://www.valenciacf.com/ver/34478/comunicado-oficial.html

http://www.goal.com/en/news/11/transfer-zone/2014/01/24/4565601/vargas-leaves-napoli-for-valencia

its reported thats that we have said we will use the 15 M.E buying-option if the loan ends up good like we did with Canales from real..

the really big signings for us was not made in this window as a new valencia owner will be presented in February