Tottenham signed Carlos Vinicius on loan from Benfica in the summer as they looked for a backup striker to Harry Kane.
The Brazilian had lit up the Portuguese league last season and landing him was seen as a major coup.
Given Kane’s injury history in the last few seasons, the Lilywhites were hoping to have someone that they can rely on when he becomes unavailable.
The loanee has hardly had the chance to play in the Premier League, but he has returned goals in the cup competitions, including the Europa League.
Spurs agreed to sign him permanently for £38m if everything goes to plan, but Football Insider is reporting that it will not happen.
The report says there is no appetite at the club to make his move permanent and certainly not at that price.
He has scored nine goals in all competitions for Tottenham this season, but the goals have come in the cup competitions and against lower-level opponents.
Spurs can try to negotiate down Benfica’s asking price and get the deal sorted, but the report says even that is not being talked about at the moment.
The Lilywhites will instead look to add another forward to their team when this campaign ends.