The Daily Star says the Welsh wonder has been offered a new deal to stay at Spurs worth around £150,000 a week.
It also contains a clause allowing him to leave next summer for £50m. But that does not matter to Madrid president Florentino Perez, who wants Bale NOW.
He will offer him even more money to join the Spanish giants. There is a five-year deal on the table for Bale, which guarantees to match whatever wages he would earn at White Hart Lane.
But it also includes a lucrative image rights deal which would earn him even more millions.