Ruben de la Red says he has received offers to move to the Premier League, but wants to stay at Real Madrid.
The midfielder was bought back by Real in the summer after spending last season with Getafe.
Reports have claimed that Aston Villa have made a £9.5million bid, with Everton also linked, but the Spain international is not looking to change clubs again.
"I have received offers from England and Spain, but I am very calm," De la Red told a press conference.
"Today, I discard the option of leaving Real."
Ready to prove worth
When asked if he felt like a new signing at the Bernabeu, De la Red replied: "I do because I played for another team last year and Real Madrid had to buy me back because I wasn't on loan.
"I'm ready to prove my worth. Us youth system players are always asked to play for other teams in order to gain experience and I played a lot last season.
"I think I've covered what the club expected from me and I hope to do what I did at Getafe now that I'm back."
De la Red also insists that he is not concerned by the possible arrival of Hamburg schemer Rafael van der Vaart in the Spanish capital.
He added: "I'm not worried about it. He must be a great player if the club thinks he must be signed. We would welcome him."