Champions League place to see Tottenham double Bale’s contract

Tottenham Hotspur will offer Gareth Bale a contract worth twice as much as his existing deal in an effort to keep the Wales international at White Hart Lane, the Daily Mail has reported.

The proposed contract will pay Bale £8m per season, and with the deal running for five years it would see Bale earn £40m over the course of the contract. At £150,000 per week, Bale would become the highest-paid player in Tottenham’s history.

Bale last season signed a contract worth £75,000 per week but since then has scored 20 goals in 34 games for his club, including 10 in his last eight appearances, and still has three years remaining on his current contract.

With the likes of Real Madrid and Bayern Munich interested in taking Bale away from Spurs, however, chairman Daniel Levy is willing to revise Bale’s terms to reflect his importance to the team. The deal could however be dependent on Tottenham finishing in the top four of the Premier League and reaching next season’s Champions League, as the Champions League prize money would help fund the lavish contract.

Spurs were last in the Champions League in 2010-11, reaching the quarter-final stage and beating both Milan clubs along the way, until Real Madrid eliminated Harry Redknapp’s side.

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