Real Madrid president Florentino Perez is losing confidence of signing Tottenham star Gareth Bale.

El Economista says Perez still has Bale as his No1 summer target, but with Spurs chairman Daniel Levy proving a tough negotiator, he is drawing up a list of alternative transfer targets.

Even £65 million cash won't be enough for Levy to sell.

The Spurs chairman has tabled a new contract to Bale's camp worth between £130-170,000-a-week, making the Welshman the highest paid player in the club's history.