Tottenham have been told they can sign Philippe Coutinho next season for a loan fee of around £8million, Football Insider can reveal.

The north Londoners are in the Europe-wide race for the Brazilian playmaker as Barcelona look to once again get him off their wage bill.

A Spurs source has told Football Insider that the Spanish giants have let interested clubs know they want any loan agreement for Coutinho to include a fee of around £8m plus covering all of his wages for the season.

This site revealed earlier this week that Tottenham are exploring only a loan or a loan-to-buy transfer for Coutinho.

They would also be reluctant to pay the full cost of his salary, which is said to be in excess of £200,000-a-week, more than top earner Harry Kane.

Barcelona’s terms represent significant hurdles for even elite clubs in a market distorted by the huge impact of Covid-19.

Tottenham will not have the resources this summer to pay anywhere near the club-record £54million Tanguy Ndombele fee last summer.

Like many clubs, they are set to concentrate on loans and fee transfers as well as potential bargains.

Bayern Munich announced last weekend they would not be activating their option to make Coutinho’s 2019-20 loan switch permanent.

Barcelona are looking for another club for their £142million signing from Liverpool as they look to free up space in their squad and on their wage bill.

The attacking midfielder has had mixed returns at Barca – 21 goals and 11 assists from 76 matches – and Bayern, where his 32 games have yielded nine goals and eight assists.

In other Tottenham news, it can be REVEALED that the club may offer £15m-valued ace in part-exchange for 24-year-old.