However, manager Harry Redknapp will face a fight with Atletico Madrid who have earmarked Rossi as a possible replacement for Sergio Aguero who is being courted by Juventus, Real Madrid and Chelsea.
Target man: Spurs could make a fresh move for striker Giuseppe Rossi
Barcelona had lined up a deal for the 24-year-old but have delayed talks after pursuing Cesc Fabregas and Alexis Sanchez.
Rossi's agent? Federico Pastorello said: 'It's a deal that is definitely off. We are now evaluating a number of options for Rossi's future, but we can't rule out the possibility that he could remain at Villarreal. How much will he cost? His valuation is that of a top player.'
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?Explore more:People: Sergio Aguero, Cesc Fabregas, Harry Redknapp Places: Barcelona
Source: Daily Mail
Source: Daily Mail