The former Porto coach is prepared to let go of the Croatian playmaker and insists that he is a better manager for his ill-fated experience with Chelsea last season
The midfielder was the subject of bids from Chelsea last summer, which chairman Daniel Levy rejected, but is edging towards a move to Real Madrid before the start of the 2012-13 season.
"The interest we have from various different clubs shows the importance of the player and what he's done for Tottenham," Villas-Boas told BBC Sport.
"It's fair to say that the club respects Luka's ambitions and his willingness to move on and he respects the fact that he's an important player for the club and can help us move forward.
|FRIEDEL COULD RETIRE IN 2013
|Tottenham goalkeeper suggests that 2012-13 could be his last season
The Portuguese coach also stated his belief that his experience at Chelsea has made him a better coach as he prepares to seek titles with his new side.
"The experience was extremely gratifying, not professionally in terms of success, but it made me a better coach now than I was at Chelsea," he explained to the club's official website.
"I think as you go past different clubs and experiences you always get something out of them, it moulds you into the professional you are now. In that sense, I think I'm a much better professional now than I was before. In the end, you can never use the fact that things went wrong before to prove a point.
"I think my career has been steadily going up and I see this as a step forward. Based on that I want to commit myself to the fact that I was given this opportunity at such an important club and make sure I repay the confidence that was given to me to lead this club forward."
The 34-year-old, having signed a three-year deal, is confident that the north Londoners have the right foundations to push on and challenge for silverware, with glory not far away.
"I've been well-received by the staff and it's the right setup and environment for us to go through what we want to achieve this season," Villas-Boas continued.
|LOIC OVER THERE|
|2/1||Loic Remy is 2/1 with William Hill to be at Tottenham on the first day of the 2012-13 season|
"That is important as we build up solidly. We want to mix titles, winning ambitions and winning habits into Tottenham and make sure we bridge that difference and finally get it on the coming years. We know we are able to win titles for the club; we are very near in terms of winning trophies.
"We go into four competitions next season and we go into them with the maximum ambition of trying to win them.
"I think taking this step is something very decisive, shows straight away our commitment towards winning titles and creates the right winning mentality towards the future to take the club forward."
|"My career has been steadily going up and I see this as a step forward ... [I'm] a better coach now than I was at Chelsea"
- Andre Villas-Boas
Villas-Boas will now lead the team on a pre-season tour of USA before his first Premier League game as Spurs boss against Newcastle on August 18.
He added: "This group of players has worked really well in the first two days. I've great first impressions because you can see the commitment is there and that’s what we want to bring into the season.
"They have been excellent professionals in the way they have put in the effort for us and the level of intensity has been very, very high.
"As we go to America, the players will arrive, we will continue to work with them try to achieve provide optimum fitness levels and optimum performance levels so we are ready for Newcastle."