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Tottenham have finally started their January clear-out by agreeing a £5million deal with Swansea for right-back Kyle Naughton.

Naughton, 26, is discussing personal terms with the Liberty Stadium club and is expected to complete his move in the next 48 hours - as Swansea begin to sell their £30m Wilfried Bony windfall.

Spurs chairman Daniel Levy has been keen to off-load three or four players to fund new recruits during the mid-season window, so he believes the Naughton deal is a significant step in the right direction.

Long-serving winger Aaron Lennon could be the next man to leave White Hart Lane - with Everton and Stoke both interested.

In pictures: Swansea 0-5 Chelsea

Spurs want around £7million for Lennon, 27, but could offer him as a makeweight in a bid for Everton winger Kevin Mirallas.

Yet Goodison boss Roberto Martinez is determined to keep hold of Belgian star Mirallas despite his controversial penalty miss in the 0-0 draw with West Brom on Monday.

Stoke are more likely to agree a straight cash deal for Lennon but the player could hold out until the end of the month to see if Everton can raise the money to sign him.

Spurs are also trying to find a buyer for Spanish striker Roberto Soldado with Bayer Leverkusen keen.

(Image: Ian Walton)

Naughton has fallen down the pecking order under Maurico Pochettino but is keen to play regular Premier League football at Swansea after making 74 first-team appearances in a six-year spell at Spurs.

Leicester had made a £3m bid for Naughton, who enjoyed a successful loan spell at the Foxes, but Swansea have now met Tottenham's £5m asking price.

Spurs hope to splash out on a striker and a central midfielder over the next fortnight, with the Aston Villa pair of Christian Benteke and Fabian Delph both high on an extensive list of targets.

Swansea are also expected to sign a striker after Bony's departure for Manchester City, although they are desperate to keep hold of unsettled hitman Bafetimbi Gomis.