Silva is currently with the Spain World Cup squad in South Africa.
Manchester City are set to sign Spanish international winger David Silva from Valencia for an undisclosed fee.
City have agreed a five-year deal with the 24-year-old, who will complete a medical and sign for the club once his involvement in the World Cup is over. He said: "The Premier League is one of the best competitions in the world and I want to bring success to City.
"They are a club with a great future with fantastic players. I want to be an important player in City's history."
Silva is City's second major signing of the summer, following the capture of Hamburg's German international defender Jerome Boateng.
 | When players see what is happening at City and the ambition they are attracted to what we are building and want to be a part of it . City boss Roberto Mancini |
He said: "I hope he will be a very important player for Manchester City. I am so pleased he is coming to us, I think he can make a big, big impact.
"In signing David, we are showing the world that we are bringing the best players here and that we hope to compete to win the Premier League.
"When players see what is happening at City and the ambition they are attracted to what we are building and want to be a part of it.
"I hope he does very well for Spain in the World Cup and then joins us for our pre-season, ready to compete in the Premier League."
Silva began his career with Valencia, enjoying successful loan spells with Eibar and Celta Vigo before going on to establish himself as a key figure in Los Che's first team and becoming a regular member of the Spain national squad.
He made his international debut in a 1-0 friendly defeat to Romania on 15 November 2006 and has since gone on to play 37 times for his country, scoring seven goals.
He played an integral role in Spain's Euro 2008 success, playing five games and scoring once, against Russia in a 3-0 semi-final victory, but he has been used primarily from the bench during his country's march to the quarter-finals at the World Cup in South Africa.
"I would like to thank Valencia as a club and all of their loyal fans, and my team mates there and staff. I have enjoyed six years at Valencia, they discovered me as a footballer and they will always be a special club for me," said Silva.
"But the time is right for a new challenge. There has been a lot of speculation about me in the British and Spanish media, and I need to fully concentrate on playing for Spain in the World Cup.
"That is why my advisors have been dealing with City for me so that I can have my attentions only on South Africa and playing well for my national team."
Silva is the second high-profile summer departure from Valencia, who have qualified for next season's Champions League, but are in a dire financial situation, with debts reported to be over £400m.
Spanish international striker David Villa, 28, left Los Che to join Barcelona for £34.2m in May.
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