Wigan have announced Uwe Rosler as their new manager after agreeing compensation with Brentford.
Marseille have parted company with manager Elie Baup in the wake of Friday's defeat to Nantes at the Stade Velodrome.
The 29-year-old France international, signed from Toulouse in 2009, played 25 games for Los Che last season, scoring twice.
Mathieu, while participating in the new season's kit launch, told valenciacf.com: "I am delighted to renew with Valencia, in this great club.
"I feel great and very happy to stay several more years in Valencia."