Spurs are fighting against the drop and have made a push to land Roberto De Zerbi as their new head coach, with senior figures working extensively to convince the Italian to take charge.
Sources indicate he has held reservations about the role in recent weeks, primarily due to the risk of relegation and the potential impact on his managerial record.
It is understood that he initially made it clear that even a lucrative financial package would not sway him - yet the club remained persistent in their pursuit.
As of Monday night, Tottenham were ready to offer De Zerbi a deal, banking on him to stabilise the team and steer them away from a slide towards the Championship. De Zerbi, in turn, has been thinking about how he would approach the role and who he would want on his backroom team.
Solving the managerial situation would be a relief to the Spurs hierarchy, but they know it does not guarantee safety. So provisional thinking for a worst-case scenario is still going to be under consideration.
Sources admit Tottenham’s top brass are having to think about the impact of relegation and the complex squad decisions that would follow.
A number of key players - including Micky van de Ven, Cristian Romero and Guglielmo Vicario - have been linked with moves away.
But Tottenham are determined to avoid losing all their top assets at cut-price fees, despite the financial pressure relegation would bring. It means other exit strategies would need to be explored.
One option that could come under consideration is the use of loan deals for some high-profile players, allowing them to maintain top-level football elsewhere while remaining tied to Spurs.
The idea would be to reintegrate them should the club secure an immediate return to the Premier League.
Figures such as James Maddison, Xavi Simons and Mohammed Kudus may require creative exit solutions, as they remain popular figures the club would not want to lose permanently.
The situation underlines the delicate balancing act Tottenham face.
With big decisions coming both on and off the pitch, Spurs will take one step at a time to ensure relegation does not become a reality they have to deal with.