Euro 2012 – European Champions Spain are the early favourites to retain their title in 2012. See all the latest BestPrice betting here.

Spain midfielder Marcos Senna has played down reports of a departure from Villarreal, confirming that he is in talks to extend his contract with the club.

Senna was a key member of Spain’s triumphant Euro 2008 side and Arsenal had been linked with a bid to secure his services.

But the midfielder has already held preliminary discussions over extending his stay in La Liga.

Senna told The Sun: “I met with the president of Villarreal on Tuesday and we talked about extending my contract by two years.

“But now I want to rest. I am on holiday and hope to detach myself from these things.”

Villarreal president Fernando Roig confirmed that Senna was happy at El Madrigal, and that the club would block any approaches.

He said in the Daily Star: “We are not frightened of the interest from some of the biggest clubs in the world since we have tied our captain to a €36m cancellation clause.

“That’s the figure a club would have to pay if they want his services.

“But the best thing is if he doesn’t go. He is very happy at Villarreal and we are very happy with him.

“For me, he was the most complete player of the whole tournament.”

Euro 2012 – European Champions Spain are the early favourites to retain their title in 2012. See all the latest BestPrice betting here.