Man United and Chelsea also involved in mad transfer talk.
While the rest of the world struggles financially, football, as a business, is more lucrative now than ever before.
The summer transfer window is set to open in less than a month and some serious money will be spent – some wisely and some rather less so.
We have picked out a handful of potential moves with transfer fees that we feel are stupidly inflated.
Linked with: Manchester United
Quoted price: £30m
United are reportedly prepared to make 18-year-old left-back Shaw one of the most expensive teenagers in the world by shelling out £30m for him.
Unless he turns into Gareth Bale, who cost Spurs just short of £10m in 2007, it is difficult to see how the Red Devils will get value for money with such a deal.