Tottenham Hotspur chairman Daniel Levy has reportedly put a £20m price tag on striker Jermain Defoe.
Defoe is rumoured to be a transfer target of Liverpool, who were ready to offer Spurs £10m.
However, Levy rates Defoe much higher in the current market, according to The Mirror.
Defoe's agent recently claimed that the player was unhappy at a lack of first-team action at White Hart Lane.
Defoe has scored seven times in 15 league matches for Spurs this season.