The former Castilla and West Bromwich Albion midfielder is being linked with Real.
"We are very quiet because Borja plays in a great team and he is very happy at Fiorentina," Valero's representative, Alejandro Camano, told calciomercato.it.
"These rumours about Real Madrid are not our issues. The player is happy with the team, the coach and the club.
"And then the fans give him lots of love and he is very happy in Florence.