Tottenham are eyeing Porto midfielder Joao Moutinho to replace Luka Modric.

The Telegraph says Spurs have been interested in signing Moutinho as Modric's replacement but are prepared to walk away from the deal because of Porto's insistence that the midfielder is worth £24 million.

Porto have a dilemma, however, because interest in their striker Hulk, who they want to sell, has waned over the summer.