The Colombian has been banging in the goals this season.
The 28-year-old was being valued at around the £18 million mark and both clubs were said to be keen on a move for the star.
Bacca, who has scored 25 goals in 54 games this season, has now been speaking about his future.
“It fills me with joy that they comment about me or I read that I am going to one team or to another, but what’s true is that I am happy at Sevilla. I enjoy here and work to finish the season as best as possible, and I leave everything in the hands of God.”
Tottenham Hotspur's strikers, bar Harry Kane, have been goal-shy this term. Roberto Soldado can't hit a cows rear end with a banjo at the moment while Emmanuel Adebayor is out in Mauricio Pochettino's football Siberia.
Bacca has been banging in the goals all season and had a previously good goal-scoring record in Belgium with Club Brugge - helping Sevilla to the Europa League semi-final in the process.
Liverpool and Tottenham fans will certainly hope he, or a similar striker, is inbound this term.