Spurs agree £15m fee to buy back Defoe
Jermain Defoe is heading back to Tottenham Hotspur after a £15m fee for the Portsmouth striker has was agreed.
The 26-year-old striker joined Portsmouth from Spurs less than a year ago in a £7.5m fee. Portsmouth are said to still owe the bulk of that fee to the White Hart Lane club as well as some cash for Younes Kaboul, who headed to Fratton Park in the summer.
Spurs chairman Daniel Levy and Pompey chief executive Peter Storrie have negotiated a deal which will see Pompey receive additional cash, yielding them a significant profit on a player who has been in great form for them in his eleven months on the South Coast.
Harry Redknapp, who bought Defoe for Portsmouth before his September defection to North London, is also in for winger Stewart Downing, who has had a transfer request rejected by Middlesbrough.
He is closer to signing free agent Stephen Appiah, who is training with Spurs this week.
The 28-year-old, released by Fenerbahce in the summer, has suffered knee injuries in the past, but Redknapp is confident that will not be a problem and is hoping to arrange a deal.
After the sale of Defoe and Lassana Diarra for £20m to Real Madrid, it remains to be seen whether Tony Adams, Redknapp's successor at Portsmouth, will be given the money to spend.