Tottenham are in talks with Porto to sign Luis Diaz and are willing to pay up to €55m (£46m) for the winger.
Sources in Portugal suggest Spurs are prepared to offer €45m (£37.6m) up front for Diaz, with an additional €10m (£8.4m) in performance-related add-ons.
However, Porto are holding out for a fee of €60m (£50.2m) for the 25-year-old, who has 16 goals and six assists in 28 games for the Portuguese side this season.
Diaz joined Porto from Colombian side Club Junior in the summer of 2019, and has helped them to a Portuguese title and Portuguese Cup triumph in that time.
Diaz also shone at last summer’s Copa America, where he helped Colombia to third place and finished as the tournament’s joint top-scorer alongside Lionel Messi with four goals.
  Antonio Conte has made it clear since joining Spurs in November he is keen to “rebuild” his squad and the north London side could be set for a busy final week of the January transfer window.
Tottenham are close to completing a deal for Wolves winger Adama Traore, who Conte is believed to see as being able to play either as a right wing-back or further forward.
