Valencia have agreed a contract extension with goal keeper Giorgi Mamardashvili until 2027.
Los Che have been working on a new deal for the Georgian international since the start of August following a spike in transfer interest.
Mamardashvili completed a permanent move to the Estadio Mestalla in January 2021, after an initial loan move from Dinamo Tbilisi.
After making 18 appearances at the back end of 2021/22, including eight league clean sheets, with a record of 560 minutes in a row without conceding a goal, the board stepped up talks.
The 21-year-old has established himself as first choice at the start of the 2022/23 campaign, with the club determined to retain him.
According to reports via Marca, Valencia rejected a string of offers for him in August, with his previous release clause of €20m now raised to €100m.
Mamardashvili has spoken of his delight at securing his long term future at Valencia ahead of joining up with the Georgia squad for their UEFA Nations League games this month.