Wolves boss Glenn Hoddle is keen to keep the England Under 21 international at Molineux until January.
“I know Glenn wants to keep Tom so it’s just a case of all of us getting together to try to sort it out," Wolves’ chief executive Jez Moxey has siad.
“There is already a financial package in place to extend the loan which was agreed in principle and it’s just a case of making the call to Tottenham to see if they are happy for it to go through.
"If all goes well, I would expect us to tee something up before that last game of the loan against Sheffield United.”