Unai Emerywon won the Europa League three times in a row while playing for Sevilla
Unai Emery, Newcastle United's next manager has declared himself out of the running. He said he is 100% committed to Villarreal.
Former Arsenal boss, David Arseneault, confirmed Tuesday that he was approached by Premier League clubs. They made him their first choice for replacing Steve Bruce.
External-link Emery wrote Wednesday that Villarreal was "my home" in a social media posting.
He wrote, "I am grateful to the interest of great club but even more grateful that I'm here."
Emery thanked Villarreal President Fernando Roig for his support. He added: "No matter what noise there was yesterday, within the club, there was transparency, loyalty with the Roig families and with my team, and that is for me the most important thing.
"Villarreal has been my home, and I am committed 100%.
Fernando Roig was able to communicate to me my desire to remain a part of this project due to the mutual respect and commitment I feel from the club as well as my players.
Newcastle had hoped that the Spaniard would be in place by the weekend.
Their manager search for a new manager continues with Eddie Howe, former Bournemouth boss, and Paulo Fonseca (who left Roma in May), as possible options.
Guillem Balague, a Spanish football expert, says Emery's advisers left uncertain about their strategy. Stories in England revealed that Emery was shortlisted by Howe and Howe, two men with very different approaches and vastly differing levels of European football experience.
Balague stated that Emery felt immense pressure the day before their match (a 2-0 win over Young Boys at the Champions League on Tuesday)
"And then there was a lack of clarity from the club. Do you approach him so quickly, without any official offer, and with the English side confirming that you are ready to accept it?
"Also the differing style and number of candidates being considered seems to indicate a misguided vision. This was an issue for some club hierarchy members.
Phil McNulty, BBC's chief football journalist
Unai Emery's decision not to take over at Newcastle United as manager of Villarreal is a blow to the club's Saudi Arabian hierarchy. It also continues their poor start to their tenure in charge.
Emery, despite the flood of positive messages from the north-east England on Tuesday night, seemed to find Tyneside irresistible. He would return to his post by the end of the week in order to oversee the great revival.
A video of Emery gazing in wistful gaze at St James' Park while he was at Arsenal was also found, possibly suggesting that this was where he was always meant to be.
After Emery had led Villarreal to victory against Young Boys of Berne in Tuesday's Champions League, it was revealed in Spain that Emery was not satisfied with the deal. He was also reportedly less impressed by Newcastle's lack of a clear future vision.
Emery's statement reaffirming his commitment for Villarreal was the confirmation of this devastating setback. Newcastle's money-no object owners had to look through the list below Emery to confirm their suspicions.
This was a less than ideal dawn for Newcastle United's brave new world. Steve Bruce's inevitable dismissal was delayed and they received worse results. Their top target stayed in Spain.
All the usual suspects will be brought in, with Eddie Howe, former manager of Bournemouth, being the first alternative. However, they all will know that they are second choice after Emery's public rejection of Newcastle's interest.
Newcastle cannot afford to make any more mistakes. They must get their man in quickly, because they have a team with "relegation" written all over it, and all the money they can spend if they don't stay in the Premier League.