Niko Kranjcar has been offered a January exit route from Spurs, but it is to Hamburg rather than Liverpool, according to a report.
The Croatia midfielder has indicated he wants to leave Tottenham in search of first-team football after dropping down the pecking order at White Hart Lane following the arrival of Rafael van der Vaart.
Liverpool was thought to be leading the race for his signature, amid rumours that the Anfield club is planning a £7 million bid.
However, German website 4-4-2 reports Hamburg have already opened talks with Spurs about Kranjcar's availability.
According to IMScouting, the negotiations centre on a proposed deal that would see the 26-year-old move to the Bundesliga club on loan in January.
Harry Redknapp recently admitted he understood why Kranjcar may want to leave, but warned clubs chasing the ex-Portsmouth midfielder's signature that Spurs would demand big money.
'We're not going to give Niko away - he's a top player in my opinion,' said the Tottenham boss.
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