"The talks (between the clubs) are going on and there's a good chance it could happen," Redknapp told reporters at the club's training ground.
"There's not too much to sort out. I think it will get done. We're sorting out the length of the loan. I don't think it's a financial issue, certainly not from David's point of view."
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"I still think he has got something to offer as a player," said Redknapp. "He could lift the level of the other players. I think he would be a good influence around the place. Someone of that stature could be a massive player for us."
Tottenham are on the fringes of the tile race in fourth spot and through to the last 16 of the Champions League where they face AC Milan, one of Beckham's former clubs.
He has maintained his desire to play for his country and a temporary move to London is appealing as he looks to force his way back into England manager Fabio Capello's plans.
The Italian initially called time on Beckham's international career in August but the midfielder has maintained his desire to represent his country again.
