Zaniolo, 20, is one of the most sought-after players in Europe having made a huge impression already in his short career with bis boyhood club.
Spurs are reported to be at the front of the queue for his signature and would be able to offer him a significant pay-rise, and are even prepared to throw in Toby Alderweireld into a deal worth up to £20m, which would tempt Roma having sold centre-half Kostas Manolas to Napoli.
But Zaniolo's agent has revealed there is yet to be a formal approach for his player. Claudio Vigorelli was quoted by Calciomercato, saying: "To date, as far as we are concerned, no negotiations are underway with any international or Italian club."
He added: "We have heard a lot about Zaniolo, Roma and his contract in recent weeks.Given the media attention to which Nicolo was subjected at national and international level, it is important to make some clarifications.
"Nicolo is a heritage of Roma who believed in his talent first and foremost. This is why it is essential to build together the most suitable path to enhance it and continue the extraordinary growth path also in the next season."
Roma are aware that there is plenty of interest, not least from rivals Juventus, and would prefer to sell abroad.
The club have already broken their transfer record in signing Tanguy Ndombele from Lyon for £55m last week, but Mauricio Pochettino is determined to recruit at least one more midfielder as he overhauls his ageing squad.
And, according to reports in Spain, that man could be Ceballos with an agreement now close, with a potential loan deal with an option to buy at the end of the season.
The 22-year-old shone for Spain at the European Under-21 Championship in Italy and with Real Madrid looking to shift some of their fringe players could be available for around £45m.
However, talks over Real Betis midfielder Giovani Lo Celso have stalled, according to Sky Sports News.
The 23-year-old Argentina international is one of Pochettino’s top targets this summer and is seen as a ready-made replacement for Christian Eriksen, should the Dane depart for the bright lights of Real Madrid.
But Betis are holding firm over their £70m valuation of Lo Celso, who last season scored 16 goals and registered six assistant in 46 matches for the club.
That’s more than Tottenham are currently prepared to spend, with the club needed to sell some deadwood before they can finance another huge move.
Spain U21 international Dani Olmo has also emerged as a target for Pochettino’s side. Olmo currently plays in Croatia with Dynamo Zagreb and would cost £22m, according to Mucho Deporte.
Olmo is also being targeted by Manchester United, however, Spurs reportedly already have an agreement with the player’s agent.
The Daily Mail report that Fulham full-back Ryan Sessegnon remains a target. Sessegnon, who Spurs value at around £30m, could swap west for north London in a deal which could include his twin brother Steven.
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