The 16-year-old striker is regarded as one of France's best young prospects after bursting on to the scene last season with Caen.
He made his first-team debut only in April and scored three goals in seven games.
Making a name for himself: Caen's hot prospect M'Baye Niang
City have already made contact but Caen say Tottenham have offered a package worth around ?7m and believe they can offer him a better chance of first-team football.
Spurs are also close to agreeing a ?1.3m deal for Jaguares striker Antonio Pedroza Whitham. The 20-year-old was born in Chester but plays for Mexico.
Pavlyuchenko offered Russian return as super-rich Anzhi swoop for Spurs strikerManchester City pull out Sanchez deal as Chilean nears Barcelona switchBruce hails 'great prospect' Wickham as striker completes ?12m move to SunderlandIt's a Given that Shay will end up at Villa as McLeish urges board to stump up ?85k wages
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