The 28-year-old hit-man only arrived at White Hart Lane last summer in a £26m deal from Valencia, but has failed to show the form he displayed in La Liga in north London.
Soldado was thought of as one of his home county’s top forwards, yet with only six Premier League goals to his name – four were from the penalty spot – his future is far from clear.
This has alerted Atletico, who are preparing for the loss of talismanic striker Diego Costa.
The Spain international – who limped out of the Lisbon final on Saturday night with a hamstring injury – is reportedly set to seal a £30m switch to Chelsea in the coming weeks, despite his current side’s magnificent 2013/14 campaign.
Soldado – valued at £15m – is seen as a good alternative by Diego Simeone, who is keen to link him up with David Villa as he plots to retain the Madrid outfit’s status as La Liga’s top dogs next term.
The player himself may be keen on the move, with his dramatic dip in form with Tottenham having cost him a spot in Spain’s World Cup squad.