Le Tissier feels the club's stadium plans could influence the situation.
Le Tissier told the Daily Mail: "I know that there are some big clubs sniffing around Bale after the season he's just had, and that's completely understandable. I hope he stays at Spurs for another year. I think he could make a real name for himself if he could fire Spurs into those Champions League places - they're within touching distance. It would be great for him if he could do that and show a bit of loyalty towards them.
"But if the transfer fee is ridiculously high like the figures that have been bandied about, is it going to be too difficult for Spurs to turn down? Especially when they're buying a new stadium - it might be that financially they have to do it."