Jeremy Mathieu has quashed reports linking him to Real Madrid and Barcelona, signing a contract extension with Valencia.
Mathieu’s new deal will see the 29-year-old defender remain at the Mestalla until 2017.
The updated contract also sees his release clause increased to €20 million, effectively ruling out any move from Real or Barca in the near future.
"I am very happy," Mathieu is quoted as saying by Superdeporte. "Everything has been done and I have renewed my contract with Valencia."
Mathieu was reportedly seen by Barcelona as the ideal replacement for Eric Abidal, who has since departed the Camp Nou.