Tottenham Hotspur chairman Daniel Levy is not looking to loan out Newcastle United target Andros Townsend as he instead wants a permanent deal, Daily Mail reports.
The 24-year-old has struggled to hold down a regular role under manager Mauricio Pochettino and is now keen to leave in order to increase his chances of representing England at EURO 2016.
However, despite Newcastle tabling an offer, Levy wants all the interested parties to meet his £14m valuation as he fears a loan could affect his future selling price.
Newcastle are said to be plotting a move to reinforce their squad this month and are already being linked with a number of possible targets.
Townsend is yet to start a single Premier League game this term while only managing to feature another three times from the bench.
His slide appears to have cost him a role in the England set-up, where he was once a favourite of Three Lions coach Roy Hodgson.