Emerson has attracted interested from European clubs but has made it clear that he wants to stay in the Premier League, and specifically London.
The Brazilian has not started a Premier League game for Spurs since the World Cup, with Matt Doherty starting ahead of him against Brentford, Aston Villa and Crystal Palace.
Emerson, who joined Spurs from Barcelona for £25.8m in 2021, has been the target of criticism from supporters for his performances.
Young wing-back Djed Spence is attracting loan interest from clubs in the Premier League and Bayer Leverkusen but remains focussed on fighting for a place at Spurs for now.
Spence joined Spurs in a deal worth up to £20m last summer but has made just six substitute appearances this season in all competitions.