‘This’ Bundesliga giant has joined the race to sign Tottenham youngster Luka Vuskovic this summer.
Borussia Dortmund have emerged as the latest club to express serious interest in Luka Vuskovic, with the German giants closely monitoring the Tottenham defender as a potential loan target for the 2026-27 season, according to transfer insider Krrish on X.
The report confirms that Vuskovic will return to Tottenham this summer as planned, with Hamburg holding no purchase option in the loan agreement that expires at the end of the current campaign. Once back in north London, the 19-year-old Croatian will sit down with his agent and family to make a decision about his next steps, with multiple high-profile clubs already positioning themselves to offer him a pathway.
Dortmund’s interest is specifically framed around another loan arrangement, with the Bundesliga club keen to secure his services until the end of the 2026-27 season. Ideally, they would include a purchase option in any deal, but Tottenham have made their position clear on that point. Spurs are not interested in granting any club the right to buy Vuskovic permanently as part of a loan arrangement, a stance that reflects just how highly the club values an asset they signed for approximately £12 million and who has since seen his market value climb to between £36 and £42 million.
Hamburg want Vuskovic for another year
Hamburg, who have worked with Vuskovic throughout this season and developed a close relationship with both the player and his family, are also keen on retaining him for another year. The Croatian’s desire to one day play alongside his brother Mario, who returns from a doping ban in November, adds an emotional dimension to any potential return to the Volksparkstadion that purely footballing arguments cannot easily overcome.
The picture becomes considerably more complex when Barcelona and Bayern Munich’s reported interest in a permanent transfer is factored in. Both clubs represent the very highest level of European football, and the prospect of a 19-year-old defender being pursued by two of the continent’s most prestigious institutions underlines how dramatically his reputation has grown during a single loan season in Germany.
For Tottenham, the situation requires careful navigation. Selling Vuskovic permanently this summer, potentially into a relegation or Championship scenario, would risk losing a generational defensive talent at a fraction of his eventual ceiling. Sanctioning another loan without a purchase option protects that asset while allowing his development to continue at the highest possible level. The challenge is ensuring that whichever club benefits from his continued growth does so on Tottenham’s terms rather than their own.