Tottenham are pushing for their first signing of the January transfer window.
The North London club have firmly backed coach Ange Postecoglou in revamping the squad.
While they spent a lot of money in the summer, Spurs are ready to go on another spree.
Uruguay international Sebastian Caceres is the latest to be linked to the Premier League club.
According to Mexican outlet Record, Spurs have formalized interest in the Uruguayan.
They are hoping that he can be secured for a reasonable fee from Liga MX side Club America.