Exclusive: Tottenham may let star go for £5m after slashing price tag by £45m

Tottenham may let Danny Rose go for as little as £5million this summer as transfer fees prepare to tumble, Football Insider has learned.

The Londoners rated Rose in the £20m bracket last summer, when they knocked back an offer of just short of £15m from Watford.

A Tottenham source has told Football Insider that the club know they can’t get anywhere near that figure for the left-back in the upcoming window.

Much will depend upon when the window actually opens amid speculation that may not be until the end of August, after Uefa plan to schedule the Champions League final.

Rose will enter the final 12 months of his contract in July and is not expected to play again for Tottenham.

The hierarchy see no way back for the outspoken 29-year-old after he joined Newcastle on loan in January amid rumours of a fall-out with Jose Mourinho.

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Spurs valued Rose at £50m two-and-a-half years ago, when he was rated the best left-back in the Premier League and was wanted by Mourinho at former club Man United.

The England international had insisted earlier this season that he would sit tight and see out his Spurs deal, which runs until the summer of 2021.

But he subsequently changed tack and joined Newcastle for the second half of the campaign after losing his starting spot under Mourinho.

Rose featured 16 times for Spurs during the first half of the season, the majority of those appearances coming during Mauricio Pochettino’s time in charge.

He has made 214 appearances in total for the north Londoners since joining from Leeds United in his mid-teens.

In other Tottenham news, it can be REVEALED that Daniel Levy may have a “gentleman’s agreement” over blockbuster transfer.