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Isco has brought an end to speculation linking him with a move to England by penning a new contract at Malaga.
Tottenham Hotspur and Chelsea were among those believed to be keeping a close eye on the 20-year-old playmaker.
He has, however, taken the decision to commit himself to his Spanish employers, with a three-year extension including a €35million (£30m) buyout clause.
"It's a big step for me and for Malaga," said Isco.
"I'm grateful because they brought me to the city.
"I have trust in this team and I think we will continue improving this year, and that's good for me and for the club.
"I'm happy to have renewed. What happens in the future, nobody knows. Nobody has contacted me, these are rumours and run every day. It isn't time to talk about it now."