Tottenham boss Harry Redknapp has rejected a mega bucks offer from the Middle East.

The News of the World says Redknapp turned down a staggering £3million-a-year TAX-FREE deal to manage oil rich Dubai side Al Ahli.

The Tottenham boss was approached two weeks ago, but will stay at White Hart Lane after crunch talks with chairman Daniel Levy on Wednesday.

Spurs inserted an £8m release clause into the contract Redknapp signed in October 2008, but Al Ahli are not prepared to pay it.

Redknapp, along with his son Jamie and agent Phil Smith, met Levy to discuss the package on offer from the mega-wealthy Arabs last week.

Al Ahli believe they are going places after competing in last year's World Club Championship and are making a string of high-profile signings.

Along with the £60,000-a-week tax-free salary, Redknapp was also offered a series of inducements.

Al Ahli, backed by the millions of owner Sheikh Mohammed Al Maktoum, offered the free use of a villa that would be passed on to Redknapp at the end of his contract.

The Arabs also threw in healthcare for Redknapp and wife Sandra, along with other fringe benefits, such as a chauffeur-driven car and free dentistry.

Despite the temptation, Redknapp decided to stick with Tottenham after a second meeting with Levy.