Spurs are keen to strengthen their attacking options with the addition of Traore and are in talks with Wolves over a deal for him.
The north London giants have seen an offer to take the Spaniard on loan with an option to buy turned down by Wolves, but remain in talks with the Molineux outfit.
Tottenham are hopeful that agreeing to buy Traore for a fee in the region of £40m next summer will be enough to convince Wolves to sanction the transfer.
The Londoners are keen to get a deal for the winger over the line soon, but their desire to sign him should not come as a surprise.
Spurs head coach Nuno is a huge admirer of Traore and the former Barcelona youth star has been on his transfer wish list since he left Wolves at the end of last season.
Nuno even expressed his desire to take the Spain international to Selhurst Park during his failed negotiations with Crystal Palace earlier in the summer.
The Portuguese tactician is said to have requested the Eagles put a deal in place for Traore even before he had put pen to paper on a contract to take over as their new boss.