Mauricio Pochettino has admitted he considers it "a great honour" to be approached by Real Madrid, but insists he is happy in his current role as manager of Tottenham.
Pochettino was the first name to be linked with the vacant managerial role in the Spanish capital following Zinedine Zidane's shock resignation last week. However, Real's interest seems to have cooled since it became evident that securing the Argentinian's services would be easier said than done.
Spurs chairman Daniel Levy in particular is known as a tough negotiator, and the Premier League club's hand was strengthened significantly signed a new six-year deal with Spurs just a week before Zidane stepped down.