"Emiliano is definitely part of Roma's plans and is highly considered by Coach Luciano Spalletti," said the player's brother and agent Andrea Moretti to Radio Radio.
"He is certainly not on a plane towards Italy, but a move to the Giallorossi is an option that every once in a while is mentioned.
"We are obviously flattered by Roma's interest, they are an important club and it is Emiliano's hometown. I know there have been conversations between the two sides in the past."
Valencia currently value Moretti at £6.5m and his agent doesn't believe the Spanish side will agree to let him leave on a loan deal.
"For the time being it isn't easy to sign players who appear in La Liga. Emiliano is worth £6.5m and Valencia will only sell him on a permanent basis," explained Moretti.
"Also, my brother certainly doesn't want to run away from Valencia, he likes it there and is very content since his arrival three years ago."