Tottenham reject latest Madrid bid for Modric

Tottenham Hotspur have turned down a £38m offer for unsettled playmaker Luka Modric from La Liga champions Real Madrid, the Daily Mail has reported.

The newspaper adds that the deal entailed £30m upfront and a further £8m in add-ons, to be paid during the length of Modric’s contract with the Spanish club. Spurs chairman Daniel Levy is said to be unwilling to accept anything less than £40m for the 26-year-old, and was also thought to be unimpressed by the structure of the deal. Levy is said by the Mail to want more of the fee paid in advance.

This latest rejection has reportedly seen Madrid begin to consider other options, with a move for Wesley Sneijder, a former Madrid player now at Serie A giants Inter, under discussion. The Mail suggests that whispers of a move for Sneijder are a negotiating ploy from Madrid, but also that the saga of Modric’s transfer looks set to run perilously close to the new Premier League season.

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