Valencia confirm Otamendi bid

Recent reports had claimed that Manchester United were heavily interested in the Argentina international, with many believing that the anonymous offer had originated from the Premier League club.

But this is being strongly denied by sources inside Old Trafford, and Valencia also sayOtamendiwill stay at the club in this window.

The 26-year-old, who has won 18 Argentina caps, started his career in his homeland Velez Sarsfield before moving to Porto in 2010.

Valencia signed him in February last year and immediately loaned him out to Atletico Mineiro in Brazil.

But this season he has been in superb form for Valencia, scoring the winner in their 2-1 victory over Real Madrid earlier this month which ended the European champions' 22-match winning run.

His form has sparked interest from around Europe and now a big-money bid - but sources at United insist it is not them who have made it.