The La Liga giants are reported to have offered €6 million but Bursaspor refused and asked for an increased fee of €8 million.
Valencia were unable to match the Green Crocodiles valuation and pulled out of the race to sign the 20-year-old midfielder.
Manchester United have also been closely linked with the young midfielder as have several other European clubs according to his father.
The Green Crocodiles have developed a reputation for producing quality talent recently after several young talents joined English and Germany clubs. Eighteen-year-old striker Enes Ünal joined Manchester City on a £2 million move and was taken on the Australia tour with the senior team. Additionally 19-year-old striker Batuhan Altuntaş recently joined HSV Hamburg.