Tottenham and Real Madrid in talks as Bale nears exit

Tottenham Hotspur chief executive Daniel Levy has held talks with Real Madrid over the proposed sale of Gareth Bale, the Daily Mail has reported, with the Wales winger said to be moving closer to a switch to the Santiago Bernabeu in a world record £87m transfer.

Levy met with Enrique Sanchez Gonzalez, a close confidant of Madrid president Florentino Perez, in Miami, where it is understood Levy outlined Spurs’ final demands before agreeing to led Bale move to La Liga. Levy is also to meet with Perez before the deal can be completed.

It is claimed by the newspaper that Levy wants additional guarantees Tottenham will receive all of the proposed money, with Levy concerned with Madrid’s complex financial situation as negotiations over the structure of the transfer continue. Tottenham want the entire fee up front, as Madrid agreed to when buying Cristiano Ronaldo from Manchester United for £80m in 2009, and Tottenham also want striker Alvaro Morata as part of the agreement. Madrid are refusing to include the forward, however.

But the Mail is confident terms will be agreed between all parties, with Bale expected to be a Madrid player before the transfer window comes to a close at the end of August.

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