Valencia coach Javi Gracia is ready to stay, despite his transfer market frustrations.

It's emerged Gracia would need to pay €3m to get out of his contract.

"To avoid rumours I want to make it clear that I have placed my position at the disposition of the owner and president," said Gracia to EFE in a statement.

"I was aware from the first moment (I took over) that the squad was going to undergo reconstruction, although it is true that I could not imagine that the creation of this squad would end with numerous exits and no arrivals, except for the return of those on loan.

"I will do the best I can to get the maximum performance out of this squad and bring as much happiness as possible to supporters."