Tottenham Hotspur are expecting to miss out in the race to sign Bolton Wanderers defender Gary Cahill, according to reports.
Harry Redknapp pursued the England international during the summer transfer window, with Spurs holding onto Luka Modric but failing to land Cahill on a dramatic deadline day.
With the player's contract set to expire in the summer, expectations remain high that Cahill will depart the Reebok Stadium, although The Evening Standard now claims Tottenham Hotspur are expecting to miss out on the player.
Defence is a major issue for Spurs, with injuries to Ledley King, William Gallas and Michael Dawson exposing a threadbare backline in north London.
Valued in the region of £17 million by manager Owen Coyle, Tottenham Hotspur were hoping to land the player at a reduced fee in the New Year, but that no longer appears likely.
Arsenal are also in the hunt for Cahill, although relationships between the Gunners and Trotters aren't at their best following a 'derisory' offer for the player during the transfer window.
Arsene Wenger instead moved for German international Per Mertesacker, with the Werder Bremen centre back taking his time to settle into life at the Emirates as part of an Arsenal side that suffered their worst start to a season in over 50 years.
Injuries have also taking their toll on Arsenal, although Thomas Vermaelen's return could potentially lessen the need for another player in the position.
Additional interest from Europe comes in the shape of Juventus and Barcelona, suggesting January could be a busy month for Cahill as he considers his future.
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