Spurs chief Andre Villas-Boas is pursuing new attacking targets after seeing a deal for Manchester City misfit Emmanuel Adebayor break down last month had has his eyes firmly set on Damiao.
The Brazilian international has caught the eye during the Olympic games in the last fortnight scoring six goals in four games to put his country into contention for a gold medal.
Villas-Boas spent time scouting in South America before taking over from Harry Redknapp at White Hart Lane and would like to be able to call upon the services of the 23-year-old next term with Jermaine Defoe his only senior striker.
But Internacional president Giovanni Luigi has informed the North London club that they will have to break the bank to even tempt the Porto Alegre club into letting him leave.
“I think it’s very hard for the transfer to happen unless Tottenham pay the €60million (£47m) buyout fee that is included in his contract,” Luigi told O Jogo.
“Leandro Damiao has four more years on his contract. He is a very well paid player and has nothing to complain about.
“And we don’t need to sell. We are a rich club with an enviable structure.”
It was thought Spurs were close to signing Damiao prior to the sacking of Redknapp with the deal coming unstuck when both clubs failed to agree upon a price.
However vice-president Luciano Davi insists Internacional have received no offers for the frontman but remained cautious that he could be tempted by a move to the Premier League.
Davi told Lancenet: “Right now Leandro Damiao is the only player that worries us but we have received no official offers for him.”