Reports in Spain claim Bale remains Madrid's top transfer priority this summer, but Tottenham chairman Daniel Levy is attempting to price the Spanish giants out of a move.
The massive €120m [£103.5m] asking price would smash the world transfer record, and it's Tottenham's intention to put Madrid off even making a bid for the winger.
But the Daily Mail suggests the Bernabeu outfit will counter with an £86m-plus-player offer.
But Andre Villas-Boas is believed to be a big fan of Di Maria, something Real Madrid hope to use to their advantage as they chase Bale.
Di Maria would become surplus to requirements at the Bernabeu should Madrid follow up their Bale interest, and Tottenham would get a ready made replacement for the left-winger in return.
But Spurs remain adamant Bale will stay at the club this summer, and it's unlikely that Levy will sanction any sale - unless it's for a world-record price.
In fact, reports today also claim Bale is in contract talks with Spurs over a new deal. Initial speculation claims Tottenham will offer to double the Welshman's wage to £170,000-a-week.