Real Madrid have made two separate offers to Tottenham as they attempt to prise Gareth Bale from the north London club's grasp before the close of the transfer window.
According to Punto Pelota, Real Madrid have put forward two proposals - one offer of €87 million up front in a single cash payment, or €98.7 million split into four instalments.
Bale has reportedly told Tottenham he wants to leave this summer, with Real Madrid doing all they can to get their man. Spurs are believed to be holding out for a world record offer in excess of €100 million, and are also interested in taking striker Alvaro Morata or winger Jese Rodriguez as part of the deal.
Despite that, Madrid boss Carlo Ancelotti is likely to offer the young pair more first team action this season and won't let either go.
Talks appear to have broken down after Spurs chairman Daniel Levy and Madrid president Florentino Perez reportedly met in Miami earlier this month. Meanwhile reports in Spain say the Madrid players are unhappy over the potential world-record deal for Bale, and Cristiano Ronaldo was notably one of the few Madrid players not to heap praise on the Spurs star.
The Welshman hasn't featured for Spurs in over a month because of injury, but was included in his country's squad for their friendly against the Republic of Ireland tomorrow, although he is unlikely to feature.
Bale remains tight-lipped over his future, and when approached by reporters yesterday would only say: "I'm really sorry, now's not the time to talk".