Ings, whose contract runs out in June, would be available for around £6 million in compensation but Spurs want to get in before his contract expires in order to lure him from a move to Anfield.
With both clubs looking to strengthen their attacking options, it could prove to be the striker's personal choice that splits the sides. He is thought to prefer a move to Liverpool as Brendan Rodgers is known for his long-term admiration for the player.
Burnley would obviously rather gain a transfer fee for their striker, as they look to bounce straight back to the big time. But ultimately the power lies solely with Ings, as he can treat any approach from Tottenham tactically, stalling the approach until July, when he is free to decide his own destiny.
With regards to his future he told the Lancashire Evening Post: "It's going to be a short summer for me this year but I love football so I'd play it every day if I could”.
"After that I'll sit down with my agent and discuss my future then.”
"At the moment it's all up in the air. I don't know what's going to happen."
He also reflected on what he leaves behind after four years at Turf Moor: "It's a sad time for me. Burnley Football Club helped me mature from a boy to a man and I can't thank them everyone from the club enough, from the board to the staff at the training ground and the staff at the club”.
The English striker found the net 11 times this season for Burnley, who were relegated after just one season in the Premier League and is part of Gareth Southgate’s squad for the under-21 European Championships next month.
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