Tottenham Hotspur have reportedly ended their interest in signing Barcelona midfielder Philippe Coutinho.

With the Catalan giants looking to sell the Brazilian during the transfer window, Spurs have been suggested as a potential destination.

As teams struggle to meet the playmaker's asking price, it has been claimed that Barca officials may be prepared to negotiate a loan agreement.

However, according to Marca, Spurs will not be making a move for the former Liverpool man ahead of the next campaign.

The report claims that Coutinho's wage demands are too high for the Premier League outfit, especially at a time when they are attempting to reduce their outgoings.

Chelsea, Arsenal, Everton and Newcastle United are all said to be monitoring the situation.