For many inside the game, Valverde has been displaying career best form since Alvaro Arbeloa replaced Xabi Alonso as Real coach.
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Ahead of tonight's friendly against England, Bielsa told Marca: "Fede has always stood out for his valuable contributions, but it's true that in recent matches he's shown a remarkable ability to unbalance defenses.
"He's displaying things we hadn't seen from him before.
"He has met the team's needs as a midfielder, attacking midfielder, right-back, now more as a winger...
"It's very difficult for Valverde not to find solutions to resolve situations in almost every position on the field he occupies, since he is a very dynamic player."