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Real Madrid's midfield engine will stay at Valdebebas after a derby tackle left him with a serious ankle problem.
Valverde finished the derby despite severe left-ankle trauma, leaving his Uruguay window hanging on further tests.
Spurs are reportedly monitoring Sporting CP's in-form winger as they weigh a summer move.
Sporting overturned an early deficit to start their Champions League campaign with a win.
Sporting captain Gonçalo Inácio benched amid reported Barcelona interest, with Milan and Amorim also keen.