Spurs were heavily linked with the Portuguese international over the summer, but were unable to seal a deal before the deadline.
However, Andre Villas-Boas is ready to revive his interest in the New Year as he looks to address his left-back concerns.
Danny Rose – the Lilywhites’ only orthodox left-sided defender – is currently sidelined through injury, leaving Jan Vertonghen filling the position.
The Belgian is a centre-back by trade, and admitted that he is frustrated by having to occupy the void.
“I can play at left-back and I can help the team at times. But everyone knows I am not a left-back,” Vertonghen said.
“Once there are injuries, I’m the first to fill in the gap. Sometimes it’s better if you can play in only one position.”
AVB is keen to secure a new option, and is looking at a loan move for Coentrao.
The 25-year-old has spent much of the new season warming the bench at the Bernabeu, with manager Carlo Ancelotti having made Marcelo his first choice left-back.
Coentrao is thought to be keen to play regularly in the build-up to the World Cup – for which Portugal have a play-off position against Sweden – and could be tempted by regular action at White Hart Lane.
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