Tottenham value Harry Kane at more than £200million as they prepare to block Real Madrid from signing the striker.
Spurs have done business with Real Madrid before and they are well aware that the Los Blancos bosses are eyeing to lure Kane away to Spain.
The La Liga giants have snapped up both Gareth Bale and Luka Modric from the North London club in recent times.
But this time around Spurs chairman Daniel Levy wants to make it clear that the club wants to keep Kane for the long-term and having insisted on numerous occasions that the England star is not for sale.
And to make it difficult for Real Madrid, Levy values Kane at more than £200m, according to The Times.
The report claim that Kane will not be allowed to leave the club for anything less than what PSG paid Barcelona for signing Neymar in August.
Players in England are not obliged to have a release clause in their contract and so Spurs can demand an astronomical amount for Kane if Real Madrid come calling.
The Spurs bosses have already made it clear that they do want to sell any of their star players, with Dele Alli also the subject of transfer speculation.
But according to the Times, both Barcelona and their arch rivals Real Madrid are interested in signing Alli, who has emerged alongside Kane, as one of the brightest talents in Europe.