Tottenham Transfer News: Villas-Boas Confirms Luka Modric Exit

New Tottenham Hotspur manager Andre Villas-Boas has admitted that Luka Modric would be sold "for the right price". The 26-year-old Croatian international has been linked heavily with a move to Real Madrid and Chelsea this summer as chairman Daniel Levy looks to offload the midfielder in order to fund his new manager's rebuilding of the Spurs squad he inherited from Harry Redknapp. Villas-Boas has confirmed our reports from a few days ago that he is interested in signing Porto midfielder and Euro 2012 star Joao Moutinho, a player who was probably his best player during Boas' historic and successful time at the Portugese club. He also reveals that he has joined Spurs to attempt to win some titles at White Hart Lane;

"We have to try to put Tottenham on the road for titles," he said. "Last year the squad started extremely well. The belief was there and the margin was there for Tottenham to win the title. "If we are able to take the squad to the levels of ambition we want, it is something we can think of. "We just have to continue with the quality work that Harry left us."

Spurs bought Luka Modric for £16 million back in 2008 where he has grown to be one of the best players in the Premier League. Spurs rejected HUGE offers from Chelsea for the unsettled midfielder last season but it now looks like he will be granted his wish for a move away. Villas-Boas said:

"The interest that we have from various different clubs shows the importance of the player and what he's done for Tottenham. "It's fair to say that the club respects Luka's ambitions and his willingness to move on and he respects the fact that he's an important player for the club and can help us move forward. "Ongoing discussions will continue with these clubs until we reach an agreement which is acceptable for each party."