Valverde has done well since arriving at Valencia in December and has even been linked with Manchester City.
“He’s doing a great job in Valencia and we will see. Actions speak louder than words,” said Llorente.
“For now I cannot say any more. He’s doing well, he has put us up there in the table. The team is working together very well with him and there is a good morale.
“There is still time, we are in March and there is still time to talk about that.
“We are very satisfied with the work he is doing, but we believe there is still time. When something happens we will say.”