Conveniently, the fee is similar to the amount that Spurs were willing to let Hojbjerg leave for in the summer as Atletico Madrid and Juventus were linked with the former Bayern Munich trainee.
He has fallen down the pecking order behind Pape Matar Sarr and Yves Bissouma, and the return of Rodrigo Bentancur could demote him even further.
Hojbjerg was forced to deputise at centre-back in the heavy 4-1 defeat to Chelsea and it seems unlikely that he will continue playing there, with Cristian Romero back from suspension in the near future.
Despite his lack of game time this season, Postecoglou recently hailed his reliable midfielder, saying: “It is obvious someone that has played regularly would have wanted to play more but ultimately our performances have been strong and he has had to bide his time.
“He has also been very important in a lot of the games that we’ve won late or had to shore up late. He has been one of the people who has helped us and it is not like he hasn’t contributed at all. He’s been a really important part for us.”