Rovers boss Steve Kean is desperate to keep the winger at Ewood Park after his impressive performances this season as the club continues it’s battle to avoid relegation.
The 21-year-old’s contract runs out at the end of the season and has yet to commit to a new deal with Tottenham and Newcastle both keeping tabs on his situation.
Spurs boss Harry Redknapp has been a long-term admirer of the Canadian whilst Magpies manager Alan Pardew reportedly made an enquiry about his availability during the summer.
The clubs Indian owners aren’t prepared to sell him unless their hefty valuation is matched whilst Kean is convinced he can talk Hoilett into prolonging his stay at Ewood.
Negotiations over a new contract have hit a snag with a dispute over over the size of a potential sell-on fee causing the player to renege on signing a deal worth around £2 million-a-year.
It’s thought they are prepared to let his contract run out if they have to and take the risk of going to a tribunal to determine what fee they will receive should he decide to move clubs.