Tottenham Hotspur have suffered a huge blow in their pursuit of Inter striker Lautaro Martinez, after Fabrizio Romano revealed on Twitter that the striker has signed a contract extension in Milan.

The Lowdown: Lautaro Martinez profiled

Regarded as one of the deadliest hitmen in the top five leagues in Europe, Martinez has had his fair share of admirers this summer, playing a key role in his sides’ Scudetto winning 2020/21 campaign.

Since joining the Italian outfit in 2018, he has notched 50 goals and 20 assists over 133 games for the Italian champions [Transfermarkt].

He has also been previously hailed as ‘spectacular’ by international team-mate Lionel Messi, lending credence to his ability to bury goal-scoring opportunities at will [Irish Examiner].

His next career steps now look to be settled, owing to an update from reliable transfer guru Romano.

The Latest: Romano drops latest on Martinez

Speaking to his 4.8 million followers on Twitter, Romano signified that the Argentina forward has reached an agreement to sign a new contract in Milan, ending the statement with “Lautaro stays - confirmed”.

Detailing interest in his services this window, the well-respected journalist also added that Tottenham and Atletico Madrid both previously bid €70m (£59.9 million) plus add-ons, in an attempt to prize Martinez away from Internazionale.

The Verdict: Losing out on Martinez may not be detrimental as Kane returns to the fold at Spurs

Despite seemingly losing out on their preferred target, there is plenty to be positive about currently as a Spurs supporter.

Although Martinez is a handful for any defence in the world, the news that talisman Harry Kane will be staying at N17 for the foreseeable future certainly softens the blow.

There are also many advantages from a financial standpoint. In a deal which would have likely shattered Tottenham’s transfer record, exceeding pressure would have been thrust on Martinez to hit the ground running in English football, with little notion of an adaptation period.

The Lilywhites may be better off focusing all of their energies into re-integrating Kane to the forefront of their starting line-up as opposed to pursuing Martinez, something that doesn’t seem to be going too badly after the England star's brace against Pacos de Ferreira during the week.

In other news, Tottenham Hotspur have been dealt a blow in a transfer chase. Find out more here.