Valencia's derisory £5million bid for Gregory van der Wiel is 'disrespectful' according to Ajax sporting director Danny Blind, and could pave way for Manchester City or Chelsea to make their move for the player.
TalkSPORT reports that the 23-year-old Dutch international has attracted interest from a host of clubs across Europe after the defender revealed he would not be signing a new contract at the Amsterdam Arena.
Van der Wiel's profile rose following his strong performances for Holland at the 2010 World Cup, and the player now believes it is time to seek a new challenge.
Blues boss Andre Villas-Boas is a known admirer of the Eredivisie ace, as he looks to strengthen his right-back options at Stamford Bridge.
Chelsea are ideally looking to make a move when the transfer window reopens in January, but van der Wiel has already revealed he will remain at Ajax until the end of the current campaign.
After intimating he would favour a move to La Liga, the Dutchman looked set for a switch to Spain, but after Valencia's latest offer, a transfer to the Barclays Premier League could be back on.
"The Valencia offer was too low and I think it could be considered disrespectful to our club," confirmed Blind.
It is expected that Valencia will return with an improved offer in a bid to ward off interest from the likes of Chelsea and big-spending Manchester City.
"We all want Gregory to stay here," added the Ajax chief. "But we know the player will leave if a club offers what we ask."