Spurs are not prepared to sell their playmaker this summer and are hoping the Welshman will sign a new one year contract extension at White Hart Lane that will see him become the highest paid player ever at Tottenham.
If Bale rejects the new contract Tottenham know they will never receive a bid of that calibre again and so put themselves in a tough position when it comes to negotiations.
Real Madrid are set to make a fresh approach this week of around £85million, five more million than they paid Manchester United for Cristiano Ronaldo in 2009.
Reports claimed this weekend that Bale will try and force through his dream move to the Spanish capital but boss Andre Villas-Boas knows he will need time to replace the man that carried Spurs in games last season.
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