Madrid is abuzz with rumours that Real Madrid president Florentino Perez is scheduling several trips to London in his diary. Sport says Perez and his No2 Jose Angel Sanchez have organised a number of trips to London for the remainder of this season in the club's work calendar.
Perez has already established direct contact with Arsenal to begin the groundwork of bringing Cesc to Madrid.
For Bale, Real accept negotiations will prove trickier and Perez has meetings scheduled in Saudi Arabia and Qatar in an effort to draw up sponsorship and fund a bid for Bale.
Real have been informed that €40 million would not be enough to tempt Spurs to sell.