The north London side's interest in the Southampton man has been well documented, as has been their desire to offload the increasingly frustrating Lamela.
What is telling, though, is the fact Townsend was suggested - if the report is true.
But, considering Townsend's evident lack of quality - at least while wearing a Tottenham shirt - that always seemed like an over-confident statement to make. Especially since the recruitment of Clinton Njie and Heung-Min Son.
And the fact Spurs offered the wide man to Southampton suggests it could be another frustrating few months for Townsend at White Hart Lane. Can the 24-year-old break back into the Tottenham side or will he simply end up being let go in January or next summer?