The 25-year-old has been one of Ange Postecoglou's star performers in North London since making the switch from Sporting Lisbon on a permanent deal in the summer of 2023.
During his first full campaign in the Premier League, Porro made 35 appearances for the Champions League-chasing Lilywhites, scoring three goals and providing seven assists.
The Spaniard has not produced as much attacking output so far in the 2024-25 campaign, managing just the single goal across eight top-flight fixtures.
Alongside Destiny Udogie, Cristian Romero and Micky van de Ven, Porro has formed a promising backline for Tottenham under Australian coach Postecoglou.
Tottenham set price tag for Man City-linked Porro?
According to Football Insider, Tottenham have laid down a marker for potential suitors in the race to secure the services of Pedro in the near future.
The report claims that the Lilywhites value the 25-year-old at £80m following his impressive displays in the Premier League over the past year.
It is understood that Manchester City are monitoring the situation of Porro ahead of a potential swoop during the summer transfer window of 2025.
With the Spaniard's current contract at the Tottenham Hotspur Stadium expiring in the summer of 2028, Spurs will be able to drive a hard bargain for the player.
Porro is set to be in action for Postecoglou's troops as they welcome Eredivisie side AZ Alkmaar to North London for a League Phase contest in the Europa League.
Man City need a Walker successor
A stalwart during an era of success under Pep Guardiola at the Etihad, Kyle Walker is approaching the end of his time at the top level of professional football.
The England international will be 35 years old by the end of the campaign, meaning that the Citizens need to start thinking about recruiting a successor.
Entering the prime years of his career, Tottenham's Porro represents a solid replacement who has already proven his ability to perform in the Premier League.