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 | 40 | 19 | 13 | 8 | 52 | 25 | 27 | 70 |
| 2 | Real ValladolidValladolid | 40 | 20 | 9 | 11 | 47 | 32 | 15 | 69 |
| 3 | EibarEibar | 40 | 20 | 8 | 12 | 68 | 44 | 24 | 68 |
| 4 | Espanyol | 40 | 16 | 17 | 7 | 56 | 40 | 16 | 65 |
| 5 | Racing de SantanderRacing | 40 | 18 | 10 | 12 | 63 | 52 | 11 | 64 |
| 6 | Real Oviedo | 40 | 16 | 13 | 11 | 49 | 35 | 14 | 61 |
| 7 | Sporting GijonSporting Gijon | 40 | 16 | 11 | 13 | 49 | 42 | 7 | 59 |
| 8 | ElcheElche | 40 | 16 | 11 | 13 | 42 | 42 | 0 | 59 |
| 9 | Racing Club de FerrolRacing de Ferrol | 40 | 15 | 13 | 12 | 47 | 49 | -2 | 58 |
| 10 | Levante | 40 | 13 | 18 | 9 | 47 | 43 | 4 | 57 |
| 11 | Burgos | 40 | 16 | 9 | 15 | 50 | 52 | -2 | 57 |
| 12 | TenerifeTenerife | 40 | 14 | 10 | 16 | 35 | 39 | -4 | 52 |
| 13 | CartagenaCartagena | 40 | 14 | 9 | 17 | 37 | 46 | -9 | 51 |
| 14 | Albacete | 40 | 12 | 13 | 15 | 47 | 53 | -6 | 49 |
| 15 | Real ZaragozaZaragoza | 40 | 11 | 14 | 15 | 39 | 41 | -2 | 47 |
| 16 | Eldense | 40 | 11 | 14 | 15 | 44 | 54 | -10 | 47 |
| 17 | Huesca | 40 | 10 | 15 | 15 | 34 | 33 | 1 | 45 |
| 18 | MirandesMirandes | 40 | 11 | 12 | 17 | 44 | 53 | -9 | 45 |
| 19 | Amorebieta | 40 | 11 | 11 | 18 | 37 | 52 | -15 | 44 |
| 20 | AlcorconAlcorcon | 40 | 10 | 12 | 18 | 29 | 50 | -21 | 42 |
| 21 | FC AndorraFC Andorra | 40 | 10 | 10 | 20 | 32 | 50 | -18 | 40 |
| 22 | Villarreal II | 40 | 10 | 10 | 20 | 38 | 59 | -21 | 40 |
| > Segunda Division Full Table | |||||||||
