Herrmann claims he is unaware of any interest from Spurs and that he is happy with life at Monchengladbach.
"I have heard about that. I read papers," Herrmann told Rheinische Press. "Of course, those sums are somewhat flattering.
"You don't have to overrate it. My agents did not tell me anything about it. That's just rumours.
"I am happy about the praise. But why should I leave now? I feel great here. And the last season was great fun, we played beautiful football. We want to return to that now and are on the right path."