Six clubs chase Vuskovic as Tottenham's on-loan defender hits 60m euro valuation

Luka Vuskovic has gone from Tottenham loanee to one of the most coveted young defenders in Europe. Chelsea, Liverpool, Barcelona, Bayern Munich and Real Madrid have all joined the hunt for the 19-year-old Croatian, whose market value has quintupled since arriving at Hamburg in August.
March 28, 2026
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When Tottenham sent Luka Vuskovic to Hamburger SV on a season-long loan last August, the idea was simple: give the teenager regular Bundesliga minutes and reassess in the summer. Seven months later, the 19-year-old centre-back has become one of the most talked-about defenders on the continent, and Spurs face a decision they probably did not expect to make so soon.

A breakout season in numbers

Vuskovic has made 24 Bundesliga appearances this season, scoring five goals from centre-back. His market value has risen to 60 million euros according to Transfermarkt, up from around 12 million when the loan began. For a defender who turned 19 in February, those numbers have turned heads across Europe's top leagues.

Who wants him?

Chelsea are reportedly treating Vuskovic as a high-priority target as they look for a new centre-back this summer. Liverpool have also entered the picture, with the club said to be considering the Croatian as an option should Ibrahima Konate leave at the end of the season (Konate's contract expires in June 2026). Barcelona are understood to be in talks with Vuskovic's agent. Former midfielder Ivan Rakitic has publicly recommended Vuskovic to Bayern Munich, though Barcelona remain in the hunt regardless. Bayern Munich and Real Madrid are monitoring the situation too.

Hamburg, unsurprisingly, would love to keep him. Vuskovic has said he would like to stay for another season to play alongside his brother Mario, who signed a new performance-related contract with the club but is serving a doping ban that runs until at least November 2026. That family connection gives Hamburg a card that money alone cannot buy, but it may not be enough when Champions League football is on the table elsewhere.

Tottenham's dilemma

Spurs did not include a purchase option in the loan deal, which means Vuskovic is due back in north London this summer. He is under contract until 2030, giving Tottenham full control. The question is whether they can offer him what he wants. Tottenham currently sit one point above the relegation zone, and while that position may improve before the season ends, a player of Vuskovic's trajectory will want to be playing at the highest level. If Spurs go down, keeping hold of him becomes close to impossible.

Even if they survive, the competition is fierce. A club record sale would go some way towards rebuilding a squad that has struggled badly this season, but selling your best young asset is always a gamble.

What happens next

Vuskovic finishes the Bundesliga season with Hamburg in May before reporting back to Tottenham for pre-season. By then, the bids will be on the table. Whether Spurs cash in or try to build around him will say a lot about where the club sees itself heading.

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