Real Madrid and Tottenham have finally agreed on the Gareth Bale transfer, and all that remains is a signature, according to Marca.

The Spanish newspaper believes that Spurs and Real have agreed on an amount of £85 million, which equates to €99 million, with the payment to be made in a number of installments.

In what has dominated headlines all summer, Bale finally looks to don the white shirt of Los Blancos, with reports suggesting that the Welshman will be earning €10 million-per-year after tax, and will get the number 11 jersey.

The deal is believed to have been made in Madrid on Wednesday night, with Real president Florentino Pérez and José Angel Sánchez, representing the Spanish side, Daniel Levy of Tottenham and Bale's agent Jonathan Barnett attending the meeting.

Bale will be signing a six-year contract, if Madrid manage to put pen to paper, making him the most expensive player, eclipsing Cristiano Ronaldo.

The clubs plan to announce the transfer after Tottenham secure the deal for Erik Lamela from AS Roma. Spurs have spent heavily this season, looking to add to their squad world-class players in a possible attempt to qualify for Champions League this year, and have emerged has dark horses for the Premier League title. The cash spent shall be compensated after the infusion of funds from Bale's deal.

The announcement can be made as early as Monday, with the club set to present the player the following day. All that is needed is for the parties to sign on that dotted line.

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Topics:
Tottenham Hotspur
Real Madrid
Football
Gareth Bale