Spence’s appeal is easy to understand.
Reports suggest Liverpool want a specialist on the right rather than a stop-gap solution. If that is the thinking, Spence looks like a logical name on the shortlist. He is still young enough to develop further, but experienced enough to handle the pressure of a major move.
From Tottenham’s side, this is about value as much as squad planning. The report says Pedro Porro is viewed as the established first-choice right-back, which naturally leaves questions over Spence’s long-term role. If a player believes his clearest path is elsewhere, clubs often have to decide whether to cash in at the right moment or keep strong depth.
That is why the reported £35 million valuation matters. It sets a high bar, but not an impossible one, especially if multiple clubs are involved.
The same update says Inter Milan and Manchester United are also interested. Even if that interest is only exploratory at this stage, it changes the market. A straight negotiation becomes a potential bidding battle, and that usually strengthens the selling club’s hand.
The next thing to watch is whether Liverpool move from interest to action. If they do, Tottenham will have to decide quickly whether Spence is part of the plan - or a valuable asset best moved on before the window shifts again.