Tottenham chairman Daniel Levy has told fans to expect a quiet transfer window, but that means good news in relation to Gareth Bale.
Bale has been the subject of transfer speculation following some stunning performances this season, but Levy reiterated that the Welsh star is not for sale.
Levy told the club's AGM: "I've never deemed us to be a selling club, if you look at the big transfers which have taken place since I've been chairman."
He added: "Both (Dimitar) Berbatov and Michael Carrick had two years left on their contract, both players wanted to go and that was the reason they were sold. But in the case of Gareth he's got a long contract and I can assure you he will not be sold.
"The January transfer window is again upon us. We currently have the largest squad in the Premier League. We shall look to rationalise. Overall, we do not anticipate a busy transfer window."
Manager Harry Redknapp has also been linked with a move from White Hart Lane when the England job becomes available following Fabio Capello's reign.
And Levy conceded that is a bridge the club may well have to cross if the Football Association come calling.
"Harry is on a long-term contract. If and when they contact us we will have to deal with it accordingly," he said.
As for the prospect of the club itself moving from White Hart Lane to the 2012 Olympic stadium, Levy insisted he was aware of the mood of the fans.
Many supporters favour redeveloping the current site but Levy added: "I'm a fan, I have lots of friends who are fans, and I have lots of interaction with fans everyday. I do talk to people and have feedback so without any surveys I can tell you I have a pretty good feel as to what the mood is."
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