Spurs have reportedly made a formal offer to the Brazilian club, matching the 24-year olds €20million (£17m) release clause, with Monteiro Alves indicating that a deal could be done after Paulinho’s involvement in the Confederations Cup.
"The buy-out fee is 20million Euros and Corinthians can't do anything," Alves told UOL. "We'll talk with him.
"Paulinho already knows about the offer, we told him.
"He asked to wait until he returns from the national team. When he comes, the final decision will be made."