The 22-year-old midfielder cost just £260,000 when he signed from Villarreal last summer, although his value has rocketed following an impressive debut campaign.
Morlanes said: "We have received an offer of £3.9m from a European club, but we will not sell for this amount."
British radio station talkSPORT claims than the unsuccessful bid was lodged by Swansea City.
Restore Data
| Team | P | W | D | L | F | A | GD | PTS | |
| 1 | Leganes | 36 | 17 | 12 | 7 | 47 | 21 | 26 | 63 |
| 2 | EibarEibar | 36 | 18 | 7 | 11 | 59 | 40 | 19 | 61 |
| 3 | Real ValladolidValladolid | 36 | 18 | 7 | 11 | 44 | 31 | 13 | 61 |
| 4 | Espanyol | 36 | 15 | 14 | 7 | 52 | 37 | 15 | 59 |
| 5 | ElcheElche | 36 | 16 | 9 | 11 | 38 | 33 | 5 | 57 |
| 6 | Real Oviedo | 36 | 14 | 13 | 9 | 45 | 32 | 13 | 55 |
| 7 | Sporting GijonSporting Gijon | 36 | 15 | 10 | 11 | 43 | 35 | 8 | 55 |
| 8 | Racing de SantanderRacing | 36 | 15 | 9 | 12 | 55 | 50 | 5 | 54 |
| 9 | Racing Club de FerrolRacing de Ferrol | 36 | 14 | 12 | 10 | 43 | 42 | 1 | 54 |
| 10 | Burgos | 36 | 15 | 8 | 13 | 44 | 46 | -2 | 53 |
| 11 | Levante | 36 | 12 | 16 | 8 | 42 | 40 | 2 | 52 |
| 12 | TenerifeTenerife | 36 | 12 | 10 | 14 | 32 | 36 | -4 | 46 |
| 13 | Real ZaragozaZaragoza | 36 | 11 | 12 | 13 | 35 | 34 | 1 | 45 |
| 14 | Huesca | 36 | 9 | 15 | 12 | 31 | 27 | 4 | 42 |
| 15 | Eldense | 36 | 10 | 12 | 14 | 41 | 51 | -10 | 42 |
| 16 | CartagenaCartagena | 36 | 11 | 9 | 16 | 33 | 45 | -12 | 42 |
| 17 | MirandesMirandes | 36 | 10 | 11 | 15 | 41 | 50 | -9 | 41 |
| 18 | AlcorconAlcorcon | 36 | 10 | 10 | 16 | 27 | 46 | -19 | 40 |
| 19 | Albacete | 36 | 9 | 12 | 15 | 41 | 50 | -9 | 39 |
| 20 | Amorebieta | 36 | 9 | 10 | 17 | 32 | 45 | -13 | 37 |
| 21 | FC AndorraFC Andorra | 36 | 9 | 9 | 18 | 28 | 43 | -15 | 36 |
| 22 | Villarreal II | 36 | 9 | 9 | 18 | 33 | 52 | -19 | 36 |
| > Segunda Division Full Table | |||||||||
