The Gareth Bale Saga is finally heading towards its conclusion as reports suggest that Tottenham Hotspur are close to selling their prized asset for a world record fee of £93m, in a deal which will also see Fabio Coentrao arriving at White Hart Lane.

Real Madrid Close To Signing Gareth Bale In A Bid Of Over £93m

Gareth Bale has been linked with a move away to Real Madrid all throughout this summer, and it seems the Madrid club have finally been able to negotiate a deal of the Welshman.

Tottenham Hotspur have initially turned down a massive £86.3m bid from Real Madrid for their long term target Gareth Bale, but reports suggested that the Welshman was unhappy with the club’s refusal at granting him the move.

But Real Madrid’s move was almost inevitable after months of speculation Real Madrid’s opening bid would have broken the world record transfer fee they paid for Portuguese winger Cristiano Ronaldo. But Tottenham turned it down as Daniel Levy looked to play hard ball with the Spanish club.

Levy insisted back then that Bale won’t be sold and the fact that the 24-year-old still has three years left in his contract means Tottenham were good position to hold off Real Madrid’s interest. In fact Spurs manager Andre Villas Boas also revealed that the club is ready to offer a new contract to Bale with improved salary, but it seems the Bale is keen on a move away from the White Hart Lane.

Reports suggested that Gareth Bale wants Champions League football and was unhappy with the fact that Tottenham are denying him the opportunity to complete his dream move to Real Madrid. He has missed most of Tottenham’s preseason matches and their opening game of the league against Crystal Palace due to what has been reported as lack of fitness.

Real Madrid president Florentino Perez has questioned the enormous price tag on Gareth Bale few days back – which seems like an ironical statement now. Even Real Madrid manager Carlo Ancelotti insisted that the deal is dead and Bale isn’t coming to Madrid three days ago. But things seemed to have changed drastically.

Latest reports suggest that Daniel Levy has finally sanctioned the sale of Gareth Bale and Real Madrid will finally get their man for a world record fee £93million. The deal will also include Portuguese left back Fabio Coentrao, who will arrive at White Hart Lane. This will make Gareth Bale the costliest player in the world, although it is must be said that Real Madrid are overpaying – by a big margin.

How well he can justify this price tag is something only the future can tell, but as of now this looks like a fantastic piece of business by the London club. Spurs have had a busy summer so far, and they have already managed to strengthen their squad significantly. Recent reports suggest that they are also close to signing Willian and Roma youngster Erik Lamela. If they manage to sign either of them, they will have stronger squad on paper even without Gareth Bale in it. Moreover, the arrival of Coentrao in the Gareth Bale deal will also strengthen their defence significantly as left back spot has been a cause for concern for them. It looks like Andre Villas Boas will finally lead this club into the top four and a place in the Champions League.