Valencia have rejected an official £32million offer by Chelsea to sign central midfielder Andre Gomes, Sky Sports has reported on Wednesday.
The 22-year-old is also a target for Manchester United according to recent reports.
The youngster admitted last week that he is an admirer of new United boss Jose Mourinho amid rumours that the Portuguese wants to bring him to Old Trafford.
"I can only say that Mourinho is a great coach," the player said.
"I'm not worried about what will happen after the Euros because at the moment I am focused on the national team."
He was a regular for Portugal against Iceland on Tuesday night and was replaced in the 84th minute of the game.