The Sun says Bale has been offered a new £70,000-a-week deal to keep him at Spurs.
Chairman Daniel Levy tabled the offer on Tuesday and also gave assurances about the club’s ambitions for the new season and potential signings.
A Spurs insider revealed: “The chairman has moved quickly to secure Gareth’s future with the club.
“There has been a lot of talk about Barcelona and Real Madrid but Gareth wants to stay and we don’t want to sell. So we are really confident the deal will be sealed very soon to kill off all the speculation.”