Adebayor is keen to reach an agreement to stay at Tottenham but the club would have to break their current wage limit in order to sign him permanently from Manchester City.
The former Arsenal striker has just 13 Premier League games remaining of his season-long loan spell - the first of which is the derby against his old club at Emirates Stadium on Sunday.
At present, about £105,000 of Adebayor's £175,000-a-week wage is paid by City, as Tottenham's top earners collect about £70,000 a week, although that ceiling is likely to be raised if the club qualify for the Champions League for the second time in three seasons.
Adebayor has one year left on his contract in Manchester and Standard Sport understands his preference would be to remain in the capital.
The Togo striker feels settled in north London, where he lives with his wife and young daughter, and the prospect of playing in Europe's major club
competition - in which he represented Real Madrid during a loan last season - is appealing. After spells in Manchester and Madrid, it is thought Adebayor would prefer to remain in London than have to move again to another city.
Adebayor has also been heartened by the welcome he has received from Tottenham fans, despite his past with Arsenal. Harry Redknapp was the principal figure in persuading Adebayor to move to White Hart Lane last summer and with the Tottenham boss the favourite to become the next England manager, the squad are following the club's moves with interest.
There is willingness, therefore, on the part of Adebayor's advisors and Spurs to negotiate and discussions have taken place. Spurs would not match the salary Adebayor commands but a compromise could suit both sides.
Adebayor has been a key figure for Redknapp's side this season. His ability to make and take chances have made Spurs a serious threat in attack and the club will need a forward with the 27-year-old's qualities for their probable second Champions League campaign next season.
Napoli forward Edinson Cavani is another target but would cost about £27m. Adebayor's contractual position means he could be secured for less. He will be keen to add to his 10 goals this term at Emirates Stadium on Sunday. A knee problem kept him out of the 0-0 draw at Stevenage in the FA Cup fifth round but Adebayor trained on Tuesday and yesterday.
Micah Richards: Fabio Capello froze me out for his England favourites
Micah Richards hopes Fabio Capello’s resignation as England manager has ended his spell in the international wilderness after claiming he was “frozen out” by the Italian and overlooked to accommodate his “favourites”.
Manchester City defender Richards, who made just one substitute appearance under Capello, is expected to win his 13th senior cap against Holland next Wednesday after being named in Stuart Pearce’s squad for the Wembley friendly.
The 23 year-old’s inability to convince Capello of his ability, despite an impressive campaign at City this season, led to serious doubts over his prospects of playing at the finals of this summer's European Championships.
But with Capello gone and England set to be under new management this summer, Richards admits he has the chance to relaunch his international career.
“To be frozen out of your international side is hard to take sometimes,” Richards said. “Everyone wants to play for their international team, especially when you’re playing in a team that’s doing so well. I didn’t get a chance under Capello. I don’t know why. I always asked the question, but I never got answer.
“I don’t want to moan about it, though. I just want to kick on because I’m doing well with City. So if I get another chance to play under Stuart Pearce or Harry Redknapp, whoever the manager is, then I’ll be delighted.
“If I go in and have a stinker and they don’t pick me again, then I’ll hold my hands up. But if I just get a chance then I’ll be happy with that.”
Having made his senior debut under Steve McClaren as an 18 year-old against Holland in Amsterdam in November 2006, Richards became a regular in the international set-up.
But his last start came in the 3-2 defeat at home to Croatia 12 months later – the game which signalled the end of McClaren's reign as manager – and the sum total of his appearances under Capello was a substitute appearance against France in November 2010.
Richards returned to the squad at the start of this season, but he claims he was selected only because of the absence of others.
Glen Johnson was injured for the Montenegro game in October, “so it was me and Kyle Walker, but I wasn’t even on the bench in that game”, Richards said. “I was probably there because someone was injured, not because he [Capello] wanted me there. Every player wants to play for their country, especially when you are in a team that’s doing so well, but he had his favourites.
“He liked Glen and Kyle and sometimes you’ve got to just take it on the chin if the manager fancies someone else. You have to deal with it.”
Richards said he was “quite surprised” when Capello resigned, adding: “I got a lot back from the players and a lot of them thought he was some strict schoolteacher, but by the end he was really good with the lads and was more chilled out.”
Richards believed England “had a good chance” with Capello at Euro 2012, “but obviously it wasn’t meant to be”.
[spoiler]

OTHER BOLLOX
Blackburn defender Chris Samba, 27, has not given up hope of securing a move to big-spending Anzhi Makhachkala before the Russian transfer window closes. Daily Mail
Chelsea target Igor Akinfeev has ruled out a switch to Stamford Bridge. The 25-year-old CSKA Moscow goalkeeper has been linked with a move to the Blues with question marks over Petr Cech's future at the club. talkShiT
Arsenal look set to make an offer for £5m-rated Malaga attacking midfielder Isco. Gunners boss Arsene Wenger wants the 19-year-old as part of his summer rebuilding plans. Daily Star
Newcastle United are believed to be keeping tabs on 24-year-old Ajax defender and captain Jan Vertonghen. Newcastle Chronicle
Barcelona have joined Arsenal and Everton in the race for Anderlecht's 23-year-old striker Matias Suarez. Metro
Former Chelsea boss Jose Mourinho looks set to scupper Fulham's hopes of a loan move for 18-year-old midfielder Jese Rodriguez - by promoting him to the Real Madrid first team. talkShite
Liverpool's quest in signing Bologna midfielder Gaston Ramirez has taken a significant step forward after the Italian club's president has admitted that the 21-year-old can leave at the end of the season. Inside Futbol
Leeds United manager Neil Warnock claims he will retire at the end of next season. Daily Mirror
Aston Villa's Carlos Cuellar, 30, is believed to have opened new contract talks with the club after manager Alex McLeish strongly indicated he wants the defender to stay. Birmingham Mail
Sunderland midfielder Craig Gardner, 25, says he holds no grudges against Black Cats boss Martin O'Neill for selling him while he was manager of Aston Villa. Sunderland Echo
QPR midfielder Joey Barton has reportedly given his approval to the design of the new England home kit - despite being out of favour at international level. Metro
more bollox later ...