I mean you can tell the story is bogus by looking at the transfer fee.. Spurs refused to sell to Chelsea last year despite Chelsea offering a bigger transfer fee. Not to mention they did not even want to negotiate. No way Levy will let one of his prized assets leave for that sort of money
But this is the second season without CL for spurs - there has been many rumours that Modric is ready to leave to test himself again in the CL.