Real Madrid set to offer £110 million package for Tottenham Bale

The Spanish giants are looking to make a £60 million bid for the Welsh wizard and offer him a lucrative five-year contract worth £10 million-a-year to lure him to Spain.

Real Madrid are aware that they have to offer an enormous sum of money to convince Tottenham chairman Daniel Levy to part ways with star Gareth Bale. The Spurs are determined to hold onto his services and offer him a huge pay-rise (around £170,000-a-week ) to make him stay at White Hart Lane should the London side qualify for Champions League next season.

The winger himself is believed to welcome the prospect of spending at least one more year with Spurs, as it could aid his development. Chelsea, Manchester City and Bayern Munich are also chasing Bale, but Real Madrid are believed to be the favourites to sign the player.

Bale has been in magnificent form this season, scoring 11 goals in his latest 9 games.