Lo Celso is currently undergoing his medical ahead of a season-long loan move to White Hart Lane, with Spurs having an obligation to buy the Argentina midfielder outright next summer.
Dybala, meanwhile, is expected to pen a permanent deal with the Lilywhites when Spurs and Juventus agree terms for his transfer.
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BBC Sport claim talks are almost finalised between the two clubs, while the Standard report that Juve are covering a portion of Dybala’s wages to ensure the move gets over the line before the transfer window closes.
Tottenham had concerns over Dybala’s wage demands, but Juve’s decision to pay a lump sum means Spurs no longer have to worry about the Argentina forward’s salary.
Issues over Dybala’s image rights remain, however.