Tottenham in ‘talks’ to land £50m-rated striker ‘too good’ to miss but refuse to pay full fee
Tottenham Hotspur have opened formal discussions with Bayern Munich to secure Mathys Tel on a permanent basis, though negotiations hinge on reaching a compromise over the French forward’s valuation.
The 20-year-old, who spent the latter half of last season on loan in North London, made enough of an impression to convince Spurs’ hierarchy he warrants a long-term commitment – just not at Bayern’s initial asking price.
Despite a turbulent Premier League campaign that saw Tottenham languish in 17th position, their Europa League triumph secured Champions League football and injected fresh optimism into the project.
This continental qualification has strengthened their appeal to Tel, who reportedly relishes the opportunity to establish himself as a key figure in Ange Postecoglou’s rebuild.
The young striker’s emotional farewell comments after the season finale – “Tottenham is not just a club, it’s everything for us” – revealed an unexpected bond formed during his brief tenure.

Initial terms agreed in January included a £45 million purchase option, but Tottenham’s sporting director Johan Lange is driving efforts to reduce that figure to £33.5 million plus performance-related add-ons.
Bayern’s openness to negotiations stems from their need to balance the books while accommodating incoming transfers, though the Bavarian giants face a dilemma.
Tel’s potential involvement in June’s Club World Cup complicates matters, with Bayern potentially recalling him for the tournament before sanctioning any permanent departure.
Tel’s modest output of three Premier League goal contributions and one FA Cup strike doesn’t tell the full story of his impact. His intelligent movement, technical assurance, and versatility across the frontline offered glimpses of the pedigree that made him one of Europe’s most coveted young forwards at Rennes.
At just 20, his ceiling remains considerably higher than his current output suggests – a factor Spurs are banking on as they seek to negotiate a deal reflecting his potential rather than his immediate productivity.
The negotiations unfold against a broader strategic backdrop for Tottenham. Their Champions League return demands squad depth they currently lack, particularly in attacking areas where over-reliance on Son Heung-min and Richarlison proved costly last term.
Tel’s ability to operate centrally or wide aligns perfectly with Postecoglou’s fluid attacking system, offering the manager tactical flexibility alongside developmental upside.
Bayern’s stance remains unpredictable. While manager Vincent Kompany may want to assess Tel during pre-season, the club’s financial fair play considerations could necessitate sales before further reinforcements arrive.

Tottenham’s offer, while below the initial clause, represents pure profit on their £1.8 million acquisition from Rennes in 2022 – a factor that may ultimately sway the German champions.
For Tel, the decision transcends finances. His public embrace of Tottenham’s culture suggests a player seeking stability and faith after bouncing between Bayern’s first team and their reserves.
The prospect of regular Champions League football under a manager committed to youth development could prove more valuable than returning to Bavaria as a squad player.
As talks progress this week, both clubs recognize the deal’s broader symbolism. For Tottenham, securing Tel permanently would signal their ability to retain promising loanees while demonstrating pull power despite last season’s domestic struggles.
For Bayern, it represents another test of their ability to monetize young assets without strengthening direct competitors.
The coming days will reveal whether financial pragmatism or sporting ambition prevails. One certainty remains – Mathys Tel’s future, whether in North London or Munich, will be decided before the new Club World Cup cycle begins, ensuring all parties can plan accordingly for a pivotal 2024/25 campaign.