Despite the initial rejection, Tottenham remain hopeful that an agreement could still be reached and are weighing up a revised proposal that would move closer to Newcastle's valuation.

Newcastle are believed to value Tonali at closer to £100m, giving them a strong negotiating position as rival Premier League clubs keep a close eye on developments.

Manchester City, Arsenal, and AC Milan are all understood to be monitoring the situation, with Manchester United also showing interest in the midfielder, although they are not currently expected to make a formal move.