Paulinho has excelled since joining Tottenham in the summer. [Reuters]

Tottenham Hotspur are ready to offer summer signing Paulinho a new contract to ward off potential interest from Spanish giants Real Madrid.

The 25 year old may have only moved to White Hart Lane in the summer but his impressive performances are said to have already brought him to the attention of Madrid manager Carlo Ancelotti.

Brazilian publication Lancenet reports that Spurs are aware of interest from Madrid and are already working on offering Paulinho a new improved contract.

The Brazil international was signed from Corinthians for £17m earlier this summer and was initially handed a four year deal. He has quickly adapted to life in the Premier League and has been one of the outstanding performers for Andre Villas Boas this season.

He has started seven league games and scored a late winner against Cardiff City, while he has also become a regular for his country and helped Brazil claim a 2-0 win over Zambia earlier this week.

With Tottenham desperate to make sure Paulinho remains at the club for the foreseeable future it seems they will offer him a one year extension that would see him contracted until the summer of 2018.

It is also believed that he will received improved wages, with his current salary said to be set at £3.6m a year.

Paulinho came to the attention of Spurs over the summer after a string of powerful performances helped Brazil win the Confederations Cup.

The box-to-box midfielder had previously spent some time in Europe when playing for Lithuanian side FC Vilinius back in 2006 but it was once he returned to Brazil that he began to show his potential.

Tottenham will certainly not want to lose Paulinho after his impressive start for the club where he has already excelled when playing next to Mousa Dembele and international colleague Sandro.