The Daily Star says Real have told Tottenham they are willing to offer £30m plus Modric to land Bale.
The Spanish giants are desperate to capture the 23-year-old who has been setting the Premier League alight this season.
And they are willing to allow Modric to return to White Hart Lane on the cheap in an effort to tempt Spurs chairman Daniel Levy into a deal.
Can a Modric swap tempt Levy? Should Spurs keep Bale and try to buy Modric? Give us your shout below...