Tottenham Hotspur have been linked with a shock move for the coveted Bayer Leverkusen shot-stopper.
However, a report in Monday's Sun newspaper appears to have shed some light on Spurs' apparent pursuit of the Bayer Leverkusen number 1, who has kept 18 clean sheets in all competitions this season.
Barcelona, Real Madrid and Liverpool have all been linked with Leno and, according to the tabloid, the 24-year-old has a £12.5 million get-out clause which expires on April 30, with his value likely double in value next month.
He is also said to have fallen out with Bayer head coach Roger Schmidt.
Lloris has toyed with leaving Tottenham in the past and while Mauricio Pochettino would have no footballing reason to dispose of the France international, a cut-price deal for a player five years his junior is likely to appeal.
Despite Lloris' age, Spurs could expect to turn a significant profit on the £7.9 million they paid Lyon four years ago.
As well as the 29-year-old, Pochettino has Netherlands goalkeeper Michel Vorm and former England Under-17 shot-stopper Luke McGee to call upon.