David Silva has ended speculation linking him with a move to England by agreeing a new improved five-year contract with Valencia.
The Spanish international has been continually linked with a move to England after impressing at Euro 2008 in the summer.
Valencia rejected a bid from Manchester United earlier this week, according to the player's agent, while Liverpool and Arsenal have also been credited with an interest in the classy winger.
Valencia have moved to secure Silva by offering him a lucrative new contract to keep him at La Mestalla.
Satisfying"It's very satisfying to see the player's willingness to stay," said Valencia vice president Fernando Gomez.
"The club will not do anything crazy or break our financial and sporting guidelines so we have gone as far as we have been able to.
"There is complete agreement between the club and the player David Jimenez Silva that he will remain with us for the next five seasons.
"We have always expressed the hope that he will stay with us."
Valencia are also hoping to agree a new deal with Silva's team-mate David Villa, as they look to end speculation over the striker's future.