CAMPBELL REJECTS SPURS` OFFER
Campbell, who is desperate to play Champions League football, is believed to have spurned Spurs' offer believed to be in the region of £80,000-a-week and Liverpool have emerged as favourites to land the England international.
Spurs claim to have offered the stopper the biggest-ever deal in their history, and remain hopeful he will agree to the terms on offer at White Hart Lane.
"We made an offer on Thursday night which he went away to consider and it is the best offer the club has ever made to a player," said Spurs spokesman John Fennelly.
"People are saying that he has already said goodbye to the club but that is not true.
"We're still hoping he will stay."
Liverpool boss Gerard Houllier sees Campbell as the perfect foil for defensive lynchpin Sami Hyypia, but the Merseyside giants face stiff competition for his signature.
"He is a good player," commented Houllier. "Any good players who are available, we will be interested in, providing they can improve the squad.
"But I am very pleased with Sami and Stephane (Henchoz). They are very strong, although it is not ideal moving players in from other positions to cover for them."
Manchester United have constantly been linked with him, while Spurs' North London rivals Arsenal are also monitoring the situation.
A move to Highbury would certainly not go down well at White Hart Lane, but Gunners boss Arsene Wenger is in the market for a centre back with Tony Adams nearing the end of his playing days.
David O'Leary is also believed to be keen to take him to Leeds, but the Irishman would be unable to offer him the lure of the Champions League.
And Claudio Ranieri is also a fan of Campbell, but a move to Stamford Bridge appears unlikely following the £6.2 million acquisition of Marseille defender William Gallas.
A number of clubs abroad, including Real Madrid, Barcelona, Bayern Munich and Internazionale are also monitoring Campbell's situation, but Campbell has previously said a move to the continent does not appeal to him because of the amount of racist abuse black players receive.
The news is a bitter blow to Spurs boss Glenn Hoddle who was keen to pair Campbell alongside new recruit Goran Bunjevcevic.
Meanwhile, Spurs are to be brought before a Premier League arbitration panel over the sacking of former boss George Graham.
Graham is seeking £1.5 million compensation from the club after being dismissed by new owners ENIC for talking to the media about his limited transfer budget.
He called in the League Managers Association after hearing nothing from ENIC about his compensation claim and LMA chief executive John Barnwell said:
"We try to reach settlements by mediation but in this case we find it impossible to achieve."