The Morrocan international helped Montpellier claim the Ligue 1 title last season and was named France’s Young Player of the Year in the process.
His form attracted reported interest from Arsenal over the summer, but he could now make the move to the other half of north London according to L’Equipe. Belhanda made himself know to the Gunners faithful by scoring an audacious Panenka penalty against them in the Champions League earlier this season.
According to the report, Turkish side Fenerbahce have reached an agreement with the player but are struggling to agree a fee with Montpellier, with club president Louis Nicollin revealing he is holding out for about €15 million.
That has opened the door for Tottenham, who have begun talks with the player with a view of completing the transfer in January.
Whether Arsenal remain interested taking the 22-year-old to the Emirates Stadium remains to be seen, although the return of Jack Wilshere and the form of Santi Cazorla mean the Gunners appear well-stocked in the attacking midfield department.
Spurs have been active in the transfer window so far, snapping up former Manchester United youngster Zeki Fryers as well as Schalke’s Lewis Holtby.
Holtby will head to White Hart Lane over the summer, although Schalke managing director Horst Heldt revealed that the move could happen in January if a small transfer fee can be agreed.