AVB - Modric won't go on cheap

Luka Modric: Thought to be on his way out of Spurs this summer

Tottenham manager Andre Villas-Boas has made it clear to clubs chasing Luka Modric that Spurs will only let the playmaker leave for the right price.

The Portuguese boss has previously confirmed Modric wants to depart White Hart Lane this summer and speculation over the future of the Croatian remains rife.

Primera Liga champions Real Madrid are believed to be frontrunners for the 26-year-old's signature, while Manchester United and Paris St Germain have also been linked.

Villas-Boas, who replaced Harry Redknapp as manager earlier in the summer, says three clubs are interested in Modric but insists he will not be sold until Spurs' asking price, thought to be around £35million, is met.

Price

Speaking after Tottenham's friendly win over Stevenage on Wednesday night, the boss said: "It's exactly as we stand.

"There has been continuous interest from three different clubs and I think it's important for Tottenham to hold on to their rights.

"I have spoken openly about Luka's situation and the situation will continue exactly as it is until the chairman feels that the price is right."

Spurs chairman Daniel Levy stood firm to keep the Croatian at the club 12 months ago when he had set his sights on a switch to Chelsea.

The Croatian has been a star player for the North Londoners in recent seasons after joining from Dinamo Zagreb in 2008.