Manuel Pellegrini is keen to stay in the Premier League when he leaves Manchester City at the end of the season, but he would consider an offer from Valencia, too.
The Chilean will be replaced by Bayern Munich Pep Guardiola in the summer.
Pellegrini's agent, Jesus Martinez, says he's "crazy" for England's top flight and will listen to proposals from anyone.
"He will listen to offers, it doesn’t have to be Manchester United or Chelsea," Martinez told Radio Bio Bio.
"He will hear and analyse the proposals and then make a decision.
"The Premier League remains the most exciting for Manuel - he has had three wonderful years there and he is crazy for that competition."
Valencia have been linked with a move for the 62-year-old and Martinez said it would be an interesting offer, given the time Pellegrini spent with Villarreal.
"He spent five or six years 40km [from Valencia] when he was at Villarreal," he added.
"He lived in the city, has experienced the atmosphere and loves it,”
“He's open to all sorts of challenges."