The 20-year-old winger is yet to convince since joining the club from Sevilla last summer and none of his nine Premier League appearances so far came in the starting eleven.
With Antonio Conte pushing to sign a wide man before Monday’s transfer deadline, Spurs are open to loaning him out in the coming days.
Valencia have shown an interest in signing Gil and they have been in talks with Tottenham to take him back to Spain.
But according to Spanish programme Tribuna Deportiva, there is no agreement between Tottenham and Valencia for Gil to move to the Mestalla on loan.
It has been claimed that Valencia are reluctant to pay Tottenham a loan fee of €1m for Gil.
They are yet to agree to those demands and are may be hoping for Gil to push through with a move.
They are looking to convince the player about the sporting project on offer at Valencia for him to take the initiative.
Gil wants to play more football and is open to a loan move back to Spain before Monday’s transfer deadline.