The highly sought after youngster has declared his intentions to stay with Valencia.
Delays over signing a contract extension with Valencia, alerted numerous clubs in the the Premier League to highly talented young left-back, Jose Luis Gaya, including Chelsea, Arsenal and Manchester City, according to the Daily Mail early in April.
The sticking point hasn't been the bumper new pay deal the 19-year-old will receive, or the length of the new contract on the table, but the €50 million release clause Valencia want to attach, understandably keen to protect their investment.
Though negotiations seemed to have stalled, there are now strong indications that Gaya fully intends to stay with Valencia, thus rejecting the wealth of interest from the Premier League.
In his home village of Pedreguer, where the local Valencia fan club celebrated their 25th anniversary, by renaming themselves Peña Valencianista de Pedreguer Jose Luis Gaya, the young star declared: "Valencia is my team and I'm proud that the Peña bears my name."
"The renewal talks are going well, there are still matters to finalise, but they're very advanced. Above all, I'm just thinking about playing and helping get the team into the Champions League."
In further comments to SuperDeporte and also present at the event, Gaya's father also explained of the negotiations: "At the moment things are going well. We're hoping everything will be resolved soon."
Such confidence is shared by executive president, Amadeo Salvo, who assured: "Everything takes its time. The player can be calm. I'll always defend to the death that players like Gaya remain at Valencia. When I say he won't be leaving, I do so with the utmost conviction. He will be a future captain of Valencia."
Gaya has been a key fixture in the Valencia side, with 31 appearances in La Liga. The team head into their final four games of the season, keen to keep themselves in fourth position, thus claiming their place in the Champions League.