Spurs agreed a club record 22 million pounds fee with Porto for the midfielder on Friday only for the transfer to fall through late on deadline day as Clint Dempsey arrived
Spurs had seen a club record 22 million pounds bid accepted by Porto for the 25-year-old on Friday but the north London outfit were unable to complete a deal with his representatives before the transfer deadline closed at 11pm.
Moutinho had been touted as the ideal replacement for Luka Modric in Tottenham's midfield after the Croatian joined Real Madrid for 33.2m pounds earlier this week.
Rafael van der Vaart followed the former Dinamo Zagreb man out of White Hart Lane on Friday, joining Hamburg for 10.3m pounds, heightening Spurs' need for a central midfielder.
Spurs bolstered their options in the middle with the signing of Mousa Dembele on Wednesday, but Moutinho will remain with the Portuguese champions despite a late push from Spurs chairman Daniel Levy on the final day of the transfer window.
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