Portuguese outlet Record suggested that a temporary move, with a view to a full £5.3m transfer, to the Estadio do Dragao was on the cards for the 23-year-old, who has struggled to make any impact at White Hart Lane since his arrival in 2013.
However, it’s now claimed that such a deal will not be going ahead and that the Argentine will indeed have a third season in North London.
A switch to Porto would have come as a shock, even though they have already shown their transfer ambition this summer with the addition of legendary goalkeeper, Iker Casillas.
The former Roma man arrived at Tottenham around two years ago in a club record £30m deal as part of the ‘post-Gareth Bale’ mega spend.
Although seen as the man most likely to replace the departed Welshman, Lamela has failed to live up to his billing and price-tag in England, with a delightful Rabona goal in Europa League action one of only a few highlights.