Dele Alli’s two goals against Chelsea showed why he is attracting so much interest from clubs like Real Madrid.

That potential transfer currently sits at 2.2 on our Whispers index.

The 20-year-old has scored 11 times this season, including two in each of his last three games.

That works out at a goal every 180 minutes.

The midfielder’s 10 league goals put him above any other player in his position in the Premier League top scorers so far this season.

But what is his value in the transfer market?

Tottenham’s pricing strategy

Tottenham chairman Daniel Levy is renowned for negotiating the best price for every player coming in and out of the club.

Real Madrid will know that very well.

Luka Modric cost the Spanish giants £30million when he joined from Spurs in 2012, while they needed to splash out £85million for Gareth Bale a year later.

Despite that, Levy paid £30million for Moussa Sissoko in the summer and Alli has arguably outperformed him this season.

Sissoko is yet to score for Spurs but has two assists, compared to Alli’s one.

Tottenham chairman Daniel Levy

You do have to take into account that Alli is playing further forward than Sissoko generally, but he was brought in with the view of potentially playing further forward.

If you look at pass completion, both Alli (79.8%) and Sissoko (79.7%) are at a similar level this season.

Alli is much more involved in the game though – completing 34.2 passes each match, compared to Sissoko’s average of 20.6.

Tottenham boss Mauricio Pochettino has come out and criticised Sissoko, calling him disappointing, and it is clear Alli is simply better than the former Newcastle man at the moment.

So if the Frenchman is worth £30million – at a negotiated Daniel Levy price – surely Alli must be worth a lot more.

The English factor

If you look at the last transfer window, seven of the biggest ten moves involved a Premier League club.

The money from the latest television deal has inflated transfer prices in England.

While Spurs will not want to sell Alli to a club in England if he were to leave, there is no way they would let him go on the cheap to a Spanish club should an English club be offering a much bigger fee.

His fee would be further inflated by him being English.

John Stones and Jordon Ibe went for £47.5million and £15million respectively in the summer, which arguably would have been less if they had been non-English players.

That is largely due to rules on home-grown players, Spurs will not want to sell on the cheap to Real Madrid when he would cost so much more if he signed for an English club.

But Tottenham may have to recognise his market worth in Spain is much less than he is worth in England.
Manchester City defender John Stones

Alli's current deal at Tottenham

Tottenham are not a club that tends to throw big wages at players and Dele Alli is on £50k-a-week at White Hart Lane.

That deal was only signed in September, tying him to Spurs until 2022.

If Madrid do bid for him, his wages will surely be relevant.

If Tottenham rated Alli at £60million, surely they would be paying him more than £50k weekly.

Clubs often offer players a new deal before they leave, not only to ensure they get a high price as they have a while left on their contract, but also to pay them considerable wages to show they are a valuable asset who should command the biggest price.

Tottenham midfielder Dele Alli

Verdict

If Real Madrid do go in for Alli, they will want to do so at Spanish rather than English prices.

Andre Gomes went to Barcelona for more or less £30million in the summer, which was the same price Sissoko arrived at Tottenham for.

Spurs see Alli as a more crucial player to them than Sissoko, but he is nowhere near the Bale level of importance and his fee would be nowhere near that £85million.

The 20-year-old has outscored each of Real's midfielders this year, but is only on £50k-a-week, which in today’s market hardly says he will command an exceptional transfer fee.

But with Alli’s potential, substantial time left on his contract, and his English premium, it would be hard to see Spurs settling for anywhere less than £50million for him in today’s market.

Should he carry on impressing, by the time Real Madrid's transfer ban is up in the summer, that figure could be even more.

England