Tottenham are believed to be in ongoing negotiations with Bolton over the potential signing of Gary Cahill, with the player’s future to be decided late on deadline day.

The former Aston Villa centre half is in the last year of his contract at the Reebok Stadium, and has been in high demand following an excellent 2010-11 season for The Trotters.

Arsenal have had two bids for the 25-year-old rejected, and are believed to have given up in their attempts to bring the Sheffield born man to the Emirates, with a deal for Per Mertesacker all but sown up.

Sky Sports indicate that Spurs have offered Sebastien Bassong as a make-weight in a player plus cash deal, but Owen Coyle has other players in mind and would prefer an outright purchase.

Bolton are holding out for a £12 million fee, with Spurs thought to have offered £8 million.

Cahill is currently on international duty with England, as he has been selected in the squad to face Bulgaria and Wales in the Euro 2012 qualifiers.