Coquelin, who is yet to make a senior appearance for the France national team, will be presented by Valencia at 1615 United Kingdom time this afternoon.
The newly presented Valencia midfielder admitted that he is very excited about the new challenge ahead and revealed that he should have probably left Arsenal sooner rather than wasting the first six months of the season in the hope of fighting for a place in the starting XI under Wenger.
"I had some superb years at Arsenal". I understand the frustration when the results are not going well.
On completing his move, he said: "It's true that there was interest in the summer but in my head I wanted to continue at Arsenal and do well there".
"Something clicked then, I played a lot of matches, and we won a cup and finished in the podium [top three] several times. It's a big challenge, and a new start in my life for me, which I'm very excited about".
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'I nearly regret not having come before.
"My first year was incredible, winning the FA Youth Cup in 2009, then coming back from my loan at Charlton I thought I wasn't going to play for Arsenal, but I am happy I had the chance to show what I can do". I think the players are doing a great job'. He didn't get enough games for us this season.
"I would have had that if in 2014, when I was at the end of my contract, I was gone. He had an opportunity and I let him go". To play someone who comes from such a small club and give his trust as he did, I will always respect him as someone really important in my career.
Goodbye Francis, and the very best luck for the future at your new club....