With reports circling for some time that the Dutch international is seeking to move closer to his wife who works abroad, both Schalke and Hamburg are thought to have been in the running for his signature.
However, with nothing concrete yet on the table, it looks as if he has been priced out of a move and is set to stay.
|5/4||Rafael van der Vaart is 5/4 not to change clubs this summer with Paddy Power
"It's unbelievable how my name is speculated around Europe. I can only say these are only speculations. I will probably stay at Tottenham," Van der Vaart told Bild.
With former Chelsea boss Andre Villas-Boas now at the helm, a number of first-team regulars' futures are up in the air in what promises to be a summer of high turnover and transition at Tottenham.
However, after enjoying a fruitful three-year spell with Hamburg from 2005-08, the 29-year-old has refused to rule out a return to Germany, adding: "Maybe it will happen anytime in the future."
Van der Vaart moved to England in 2010 after being frozen out of the side at Real Madrid, and has since gone on to score 24 league goals in 61 games for Spurs.
Klaus-Michael Kuhne, who wants to help Hamburg buy Van der Vaart, released a statement saying that: "Without a first class playmaker like van der Vaart, Hamburg will never return into the top group of the Bundesliga."
He also made suggestions as to what Hamburg should do to make the transfer happen, and says that if these are followed, he would be ready to spend an "important amount".