Southampton could miss out on around £11million if Gareth Bale is sold to Real Madrid. When they found themselves in financial difficulty, Southampton waived a 15% sell-on clause and agreed to receive around £1.5million plus Spurs youth keeper Tommy Forecast.

Saints can still expect a small percentage of a Bale sale to cover training costs - that figure is thought to be around two and a half per cent.

However, a potential sale that could have netted Southampton £13million will instead only yield around £2million.