Cole moved to Anfield on a free transfer from Chelsea last summer and signed a lucrative four year, £90,000 a week deal. Despite impressing manager Kenny Dalglish more recently, he has struggled for form and fitness since being sent off on his debut and has only made 9 starts for the club.
The England international looks set to be reunited with former West Ham manager Harry Redknapp at Tottenham for a fee in the region of £3 million. Liverpool’s new owners Fenway Sports Group are thought to be increasingly keen on removing Cole’s substantial salary from the wage bill as they look to invest in younger talent.
Cole hasn’t featured for England since the defeat against Germany at last summer’s World Cup but still has 56 caps to his name.
His arrival at Spurs could pave the way for Luka Modric to move to Manchester United. The Croatian playmaker is seen as an ideal replacement for Paul Scholes who retired this summer. But, Modric is likely to command a transfer fee well in excess of £20 million.