Villa has been linked with a move to City in recent months, as Los Che are facing a huge economic crisis.
Reports claim Valencia could be forced to sell David Villa and David Silva at the end of the season.
Jose Luis Tamargo told El Mundo: “For sure he won’t move on from Spain.
“I don’t know what kind of contact there has been [between Man City and Valencia] or if they have reached an agreement, but he won’t be playing away from this country.
“It’s not a question of money.
“At the moment Villa is only focused on the team.”