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Clive Allen believes Tottenham will shake off their selling club tag this summer and retain the players who can help the club challenge both the Premier League and Europe’s elite.

Success has historically resulted in sales at White Hart Lane – Gareth Bale and Luka Modric are now wearing the white of Real Madrid while Dimitar Berbatov and Michael Carrick both left for Manchester United.

England stars Dele Alli are the leading lights of the current Spurs generation, having scored an incredible 46 goals between them for the north London club so far this season.

Unsurprisingly given their form, transfer rumours both domestically and abroad have started to swirl – with 20-year-old Alli reportedly catching the eye of both Real Madrid and Barcelona.

However, Tottenham legend Allen believes that with a brand new stadium on the way in 2018 and Spurs challenging for the title, there is little incentive for players to head for the exit door.

“Players leaving is always a thought you have,” Allen, who fired home a club-record 49 goals for Tottenham in the 1986/87 season, told Football Whispers.

“They have sold big in the last few years, with Bale and Modric moving on, but what they have now done – to the credit of the club and the chairman (Daniel Levy) in particular – is assembled a young and emerging group on long-term contracts.

“They've got the exciting project of the new stadium which is going to be second to be none, but along with that they need a competitive and exciting team.

“They have put that in place before the stadium is actually finished, so the whole club is moving in the right direction.

“At the end of the day money talks and these players will be worth extraordinary amounts of money, particularly Kane and Alli.

“But I don’t think that their intention or their need is to sell these players. They see that the success on the field is vitally important, so I think it’s very exciting times.”

Read more: 5 things we learned from Tottenham Hotspur 2-0 Arsenal

As one club in north London prospers, the other is currently in decline as Arsenal face up to the prospect of a season without Champions League football for the first time in the nearly two decades.

The Gunners are currently in sixth and trail fourth-placed Manchester City by six points, although they have games in hand.

Tottenham, meanwhile, are all but assured of a Champions League place and are hunting down league leaders Chelsea.

But while the balance of power is shifting between the two famous rivals, has proven in Sunday's north London derby, Allen admits Tottenham must learn from Arsenal’s legacy under Arsene Wenger.

“The consistency of performances and results over a long period of time that Arsenal have had is going to take a lot of catching, Champions League year in year out,” added Allen.

“But I think it’s coming to a point where Arsenal could miss out this season and maybe the balance of power is changing. I wouldn’t put either ahead of the other but Spurs have closed the gap.

“They are competitive against every team in the league at the moment, so it’s very positive.”

Click here to read Clive Allen‘s greatest ever XI for Football Whispers.

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