The Daily Mail report that Spurs have rejected a £3m loan offer from Paris Saint-Germain and have told the French champions that they will not consider letting the midfielder leave.
It means Alli is set to stay at Spurs in the short-term, despite falling out of favour under Jose Mourinho.
PSG’s offer did not include an option to buy Alli on a permanent basis, which could well be a sticking point in negotiations between the two clubs.
Sky Sports have previously reported that Spurs would prefer to sell Alli if he is to leave in this transfer window.
The 24-year-old is down the pecking order under Jose Mourinho, only being introduced as a half-time sub in Spurs’ Europa League win over Maccabi Haifa on Thursday evening despite a hectic fixture schedule.
It was Alli’s third appearance for Spurs this season after previously being hauled off at half-time in the opening Premier League game against Everton and playing an hour in a Europa League victory over Shkendija.
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Whilst Alli enjoyed a brief renaissance when Mourinho first took charge of Spurs, his form has suffered over the last two seasons.
That has seen him lose his place in Gareth Southgate’s England squad, with his last appearance for the national team coming in a 5-1 victory over Montenegro in March 2019.
Alli had been left out entirely of four of Spurs’ last five matchday squads.