Atletico Madrid have opened talks with Tottenham for Emerson Royal.
TMW says Atletico have made Emerson a priority transfer target this summer.
Emerson only moved to Spurs a year ago from Barcelona.
Atletico are keen to set up a loan arrangement with the option to sign the fullback permanently next summer.
For his part, Emerson has insisted he's happy at Spurs under manager Antonio Conte.