Tottenham will smash through their strict pay ceiling in a desperate attempt to convince Gareth Bale to remain at the club, reports the Daily Mail.
Bale’s fine form, which saw him pick up three individual awards last season, has not gone unnoticed and Real Madrid are thought to be willing to pay Tottenham up to £100m to secure his services.
Manchester United have also been linked with a move for Bale with new manager David Moyes reportedly ready to test Tottenham’s resolve with a more tentative £60m bid.
However, Spurs are reluctant to sell him and Daniel Levy is ready to offer Gareth Bale a massive £150,000-a-week to stay with the club.
The 24-year-old is seen as crucial to Tottenham’s progression on the pitch with his 21 goals helping the north London club towards their best ever points tally last season.
Levy, who is notoriously inflexible when it comes to his wage structure, will justify the figure because of the huge commercial revenue that the Welshman brings to the club.
Bale appears on the majority of Tottenham’s promotional material and his increasing stature within the game is thought to be worth millions in revenue.
The huge contract offer doesn’t come close to matching the £200,000-a-week reportedly offered by Madrid but Tottenham have been encouraged by the fact that Bale is happy to remain in at the club for the time being.
Levy was keen to start negotiations with Bale over a new deal this summer with a view to have it agreed and signed before the start of the new season.