The Netherland manager has hinted that he can take Andre Villas-Boas place but has also said that he will not do both the jobs together.
Villas-Boas was sacked on last Monday after a trashing 5-0 defeat by Liverpool at White Hart Lane.
Van Gaal has enjoyed his successful spells at several top clubs including Ajax, Barcelona and Bayern Munich. Currently he is managing Netherland and his contract with Dutch FA expires after the World Cup.
The 62-year-old answered Dutch broadcasters NOS regarding Tottenham managerial seat that he has always said that he wants to manage any Premier League club, so there is a chance.
But he also knows that Frank de Boer and Guus Hiddink are the candidates. Everyone who knows him knows that he will not combine his new job with the present one.
Meanwhile, former Spurs boss Glenn Hoddle is keen to return at White Hart Lane after 10 years. The 56-year-old last managed Wolves in 2006 and is currently without a club.
Hoddle has insisted that Levy has not offered him a job, it all rumours.
He said that this time it is totally different, at that time players were aging, they bought on free transfers like Teddy Sheringham and Gus Poyet. Now there is a way forward.
While caretaker manager Tim Sherwood is also eyeing permanent manager post.
Tottenham chairman Daniel Levy still has not decided to whom to give the opportunity.