The 27-year-old has impressed for Swansea since joining the club from Rayo Vallecano for just £2.2million.
Michu has scored 18 times in 35 appearances for Swansea and has been linked with the likes of Arsenal and Liverpool.
Jenkins said: “We’ve seen with Tottenham and Gareth Bale that every player has a price. We are not in that bracket with Tottenham but they sold a top player. We are realistic about that side of things.
“I would say Michael was about right with his valuation of Michu if you look at the current market, but this call-up enhances that further.
“We know we have a very talented player and naturally we want to keep him.”
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As always it is the so called “big clubs” that have splashed the most cash in the transfer window so far this summer. Manchester United or City? Arsenal or Tottenham? Who are the winners and losers of the transfer window so far?
Being an amiable guy is good for you and Jurgen Klopp is living proof.