The Argentine tactician’s stock has risen to an all-time high on the back of his work in north London this season, with the ex-Southampton coach having transformed the Lilywhites into genuine title contenders.
However, a major blocker for the club is the presence of Spurs chairman Levy, whose tough stance in terms of negotiating has eroded their interest.
It’s understood that the deal for Gareth Bale in 2013 tested Real’s patience as Spurs stuck to their world record valuation of £86m.
Another factor on Los Blancos’ decision to not pursue Pochettino is his reputation, with the South American, although a top coach, not a household name.
El Pais also claim that Jose Mourinho has signed a pre-contract deal with Manchester United.