Valencia chief Mateu Alemany admits Manchester United could recall Andreas Pereira from his loan in January.
However, Alemany expects the Brazilian to stay at the Mestalla.
"His future depends on Manchester United," Alemany said at a press conference. "They have a deadline in early January which is in the hands of United and the player.
"We need to be prepared if this situation arises but I have no news that in January he could return there. We are very happy with him."
Pereira has made nine starts and six substitute appearances for Los Che , who are second in La Liga behind Barcelona.