Tottenham chairman Daniel Levy will tell Real Madrid that Gareth Bale is valued at £60million.
Real have already started work on a deal to sign Bale at the end of the season after making him their No.1 transfer target.
They want the transfer in place to avoid a repeat of the prolonged summer negotiations over the Luka Modric switch to Spain.
Bale could even find himself replacing Cristiano Ronaldo at the Bernabeu, as the Portugal forward stalls on a new contract.
But Spurs won’t make it easy for Real, despite a “partnership agreement” signed between the two clubs as part of the Modric deal.
Real are understood to have drawn up an opening bid of £33m for Bale, but that falls well short of Levy’s valuation. Levy and Tottenham rate Bale within a band of players just under Lionel Messi, Ronaldo and Radamel Falcao, and will argue the 23-year-old still has the potential to reach that level.
Despite the club’s public insistence Bale is not for sale, there is a growing feeling within Tottenham that this is likely to be his final season at White Hart Lane.
A source told Sunday Mirror Sport: “Real are prepared to push very hard for Gareth and there are not too many better players in the world than him right now.” Bale signed a new four-year contract in June, which puts Levy in a strong negotiating position.
Real may well try to top up their bid by offering Tottenham a number of players as part of a deal for Bale, with Portuguese left-back Fabio Coentrao a long-standing target of Spurs boss Andre Villas-Boas.
Fearing striker Fernando Llorente will wait to leave Athletic Bilbao in the summer, Tottenham have rejoined the race to sign Newcastle hot-shot Demba Ba and are prepared to trigger his £7.5m release clause.
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Source: SundayMirror
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