Russian club Zenit St Petersburg have told Spurs that they want £21.5m for midfielder Andrei Arshavin.
Zenit sporting director Konstantin Sarsaniya said: “This English club is really interested in acquiring Andrei.
“But as I understand, £21.5m – our price – is too high.
“For Spurs that price is unacceptable. They’re ready to pay £15.9m.”