£6m is still a lot of money.
Liverpool may be able to convince him their a better option but for £12m there are better options for Spurs than him out there.
I'd bet intrested to know what's the current record fee for one of these tribunals as well.
From what I've seen it was 6m paid by Chelsea to Man City for Sturridge (although the initial fee was 3.5m). Given that was a while ago and how prices have inflated not unreasonable to expect Ings would have been over 6m in tribunal fees even prior to the Spurs bid.
Think the Soldado and Lamela experiences have probably made Spurs appreciate the value of a player who is already settled in the country and played in the league.
Edit according to wiki the Sturridge deal was
"The Professional Football Compensation Committee decided on 14 January 2010 that Chelsea would pay an initial fee of
£3.5 million, with additional payments of £500,000 after each of 10, 20, 30 and 40 first-team competitive appearances. There would also be a further payment of £1 million if Sturridge made a full international appearance, and Manchester City in addition would receive 15 percent of any sell-on fee if Sturridge was transferred."
Took 6 months after he had signed his Chelsea contract before that ruling came out, amkes it hard to plan your transfer spending when there is a unknown fee for a player.