Tottenham have rejected Bayern Munich’s latest offer for striker Harry Kane.
Bayern had hoped to agree a deal for the England skipper but it is understood the two sides remain apart in their valuation of the 30-year-old.
The Bundesliga champions had suggested if their bid for Kane was unsuccessful on this occasion, they would move on to other transfer targets.
Kane, who has scored 280 goals in 435 appearances for Tottenham in all competitions, captained Spurs in Sunday’s pre-season match against Shakhtar Donetsk.
If chairman Daniel Levy elects to keep the England striker it would effectively be ending the club’s last chance to cash in on their talisman.