Recent reports from the Daily Mail have suggested that Real Madrid may have finally convinced Tottenham to sell Gareth Bale for £78million rather than the £86million that was widely rumoured to be the agreed transfer fee between the clubs.
This fee will not break the world record transfer fee of £80million that Madrid paid Manchester United for Cristiano Ronaldo back in 2009.
The reason behind this is Madrid have offered to make a staggering one-off payment for Bale rather than in several smaller instalments over a period of time.
Madrid have secured bank loans to cover the fee, ensuring Ronaldo remains the costliest player in history, something that will no doubt play to his ego.
Tottenham are yet to be completely paid by Madrid for the transfer of Luka Modric that was valued at £30million and they seem to lack faith in Madrid’s ability to make the payment for Bale’s transfer.
Spurs were earlier offered a world record £101m for Bale, but that deal involved three payments and chairman Daniel Levy has instead secured immediate remuneration for a player he paid £7million for in 2008.
Bale has already agreed personal terms with Real Madrid which involves a six-year contract and will see the Welshman earn £8.5million a season.
Bale could be presented as a Real player on a stage in the Bernabeu on Monday afternoon.
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