Tottenham chairman Daniel Levy will show his support for manager Andre Villas-Boas in the January transfer window by handing the Portuguese coach a bumper transfer budget to chase a host of leading European stars.

Spurs’ charge for a Champions League spot has faltered in recent weeks, with four defeats coming in their last five games.

That poor run of form, which culminated in a 5-2 thrashing at the hands of Arsenal on Saturday, has left Spurs in 8th place in the Premier League, six points off current 4th placed team Everton.

However Levy will back Andre Villas-Boas with funds to the tune of £20 million in the January transfer window to help improve his squad and improve their chances of finishing in the top four according to the Daily Mail.

The paper reports that Villas-Boas is keen to land a left-back, an attacking midfielder as well as a striker, and has drawn up an attractive list of potential transfer targets.

Shakhtar Donetsk star Willian, who added to his brace against Chelsea in the Champions League earlier this month with a sublime goal against Nordsjaelland last night, tops the list.

The Brazilian has long stated his desire to secure a move to the Premier League, and recently revealed he is constant contact with Villas-Boas.

The Mail also reports that Roma’s Miralem Pjanic, Ajax star Christian Eriksen, CSKA Moscow attacker Alan Dzagoev and Porto’s Joao Moutinho are all on Tottenham’s transfer hitlist.

The paper adds that agents for the club have already got the ball rolling on January transfers in hope of hitting the ground running when the winter window opens.

Spurs came within minutes of landing Moutinho in the summer transfer window but failed to get the deal done in time.

Since then the Portuguese international has distanced himself from a move away from Porto, and is said to be happy to stay put, especially given that his club have now qualified for the knockout stages of the Champions League.

Pjanic was linked with a move to White Hart Lane in the summer as well and Spurs may rekindle their interest in the Bosnian star. Tottenham have also previously been credited with an interest in Dzagoev, who shone at Euro 2012 for Russia.

Eriksen, who is reportedly being tracked by a host of leading European clubs including Manchester United and Liverpool, recently stated that he won’t be leaving Ajax until the end of the season at the earliest, seemingly ruling out Spurs making a move in January.

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