According to The Telegraph, the Champions League sides are both ready to make another move for Barkley in the new year.
Neither side were able to secure a move for Barkley in the summer, despite Chelsea coming very close.
The report now claims that Tottenham are the frontrunners and that Barkley will only cost £20m in January.
This is due to him being in the last year of his contract at Everton. If he fails to get a move in January he could move on a free next summer.
Barkley is currently nursing an injury but the report claims that he should return to fitness during the January window.