"Negotiations between Arsenal, Saint Etienne and Saliba were in their very final stages - much of it already in the hands of lawyers to agree wording of contracts etc - but Tottenham have reignited their interest and are now pushing hard to get the deal completed", Ornstein wrote.
Laurent Koscielny has one year left on his current deal with the Gunners but the Frenchman wants the club to release him for free this summer.
It is being reported that they have bid more than what Arsenal have offered and that they will be meeting with Les Verts on Saturday with the intention of closing the deal.
Arsenal have been tracking him for quite some time now, and recent reports suggest that they have reached an agreement to sign him for a five year deal.
A report from Charles Watts of Goal.com in May revealed that two of the outfits keen on the Saint-Etienne starlet are Premier League giants Arsenal and Manchester United.
Besides raining on Arsenal's parade, Toby Alderweireld's future has also prompted the Lillywhites to make a move on Saliba.
It is not clear yet whether, like Arsenal were planning to do, Spurs would loan Saliba back to Saint-Etienne next season, but it is certainly a move that would be met with delight by their supporters, who would dearly love to steal a player from right under the nose of Arsenal.