Real Madrid and Tottenham still apart on Bale valuation

Negotiations over Gareth Bale’s proposed move from Tottenham Hotspur to Real Madrid are continuing apace, the Daily Telegraph has reported, but the Premier League club and their La Liga counterparts remain almost £20m apart over their valuation of the Wales international.

Spurs chairman Daniel Levy and Madrid president Florentino Perez have met and spoken face to face in the United States, the newspaper adds, with the sit-down taking place in Miami, site of Madrid’s friendly win over Chelsea. Levy has also been on holiday in Florida.

Perez is said to have put his bid for Bale at £86m but Levy is holding out for £104m, both sums significantly over the £80m world record fee paid by Madrid to Manchester United in 2009 for Cristiano Ronaldo, but apart by £18m. A player-exchange was also mooted but Perez was steadfast in his refusal to include striker Alvaro Morata in the deal.

Levy, however, is keen to ensure Tottenham’s team benefits as much as their bank balance if Bale is to be sold, by pushing Madrid to agree to include at least one player in the offer. Spurs have already signed Brazil international midfielder Paulinho, Belgium winger Nacer Chadli and Spain striker Roberto Soldado, and are said to be nearing the signing of midfieler Etienne Capoue.

Bale is understood to have again told Tottenham he wants to join Madrid and the meeting between Levy and Perez suggests Levy is open to the transfer, the Telegraph suggests, although only on terms he finds acceptable.

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