UPDATE: Monday, July 8, at 11:25 a.m. by Timothy Rapp
Actually, Tottenham's David Villa move is dead, as Atletico Madrid will be signing the player. From Barcelona's website:
FC Barcelona and Atletico Madrid have reached an agreement in principle for the transfer of David Villa.
The deal is set to bring Barça a maximum of 5.1 million Euros, with 2.1 due this season, 2 more if Villa stays at Atletico next year and another million should he be at the Madrid club the season after. Barça also reserve the right to 50% of any sell on fee in the future.
---End of update---
Tottenham have already added midfielder Paulinho to the ranks this summer. Now, it looks as though they are close to bringing aboard Barcelona's David Villa.
From Darren Lewis of the Mirror:
Gareth Bale returns to Tottenham for pre-season training today (Monday)—and David Villa could follow as early as this week.
The Barcelona striker has reached an agreement in principle with Spurs and it is now down to the two clubs to agree a fee. Tottenham’s offer to Barca, however, has not yet met the £8.6million asking price that the Spanish champions are demanding.
Spurs chairman Daniel Levy believes he can drive the price down as Barca want to get Villa off the wage bill now that he has been deemed surplus to requirements. Barca do not want to find themselves committed to paying Villa’s wages next season, around £110,000-a-week, when he would simply allowed to leave on a free when his contract expires next May.
Villa still has a scoring touch for sure, but Tottenham's major need is at center forward, and Spurs already have a similar player to Villa on the roster in Clint Dempsey. He may be a big name, but some Tottenham supporters may question how needed a player like Villa really is at White Hart Lane.
Regardless, it appears he's on the way, and this should become official in the next week or so.