The Russian international is reportedly unhappy at White Hart Lane and is keen to play regular football.
However, agent Oleg Artemov has said that Spurs chairman Daniel Levy is hampering any chance of a move for the striker by demanding too much for him.
"We can't agree about the price with Mr Levy, that's all," Artemov told Sport-Express.
"He values Pavlyuchenko according to his own gauge: how much the club spent on him, the number of his goals and he also wants some profit on him. I don't really know how he's counting."
The 30-year-old joined Spurs in 2008 from Spartak Moscow.