The deal could end up costing Real Madrid £200million including Bale’s wages, and so far they have not got close to meeting Spurs’ valuation, despite being prepared to break the £80million world record fee they set when buying Cristiano Ronaldo.
They were hoping to use either Angel Di Maria or Fabio Coentrao as makeweights in the deal, but the only Real Madrid player Spurs are prepared to consider in part-exchange is apparently Alvaro Morata, who the Spanish club are unwilling to let leave.
The 20-year-old striker shone at this summer’s Under-21 European Championship, were he finished as top scorer, and Carlo Ancelotti wants to keep him at the Bernabeu.
Ancelotti himself has refused to talk about the bid for Bale again, as he is wary of angering another coach after Andre Villas-Boas criticised him for his previous comments on the bid.
Sporting Lisbon have set a price-tag of £6million on centre-back Tiago Ilori, who has been attracting interest from both Spurs and Liverpool this summer.
The 20-year-old has apparently refused to sign a new contract at the Portuguese club, who are now willing to cash in on him this summer. Spurs are short of options at centre-back after they sold Steven Caulker and injury struck their remaining three senior options.
Vlad Chiriches seemed to be close to a move to Spurs last week, before Steaua Bucharest’s owner Gigi Becali blocked the deal.
Spurs are reportedly still monitoring Real Betis youngster Alvaro Vadillo, but the Spanish club have insisted it will take a special bid if they are to sell the 18-year-old, who has been likened to Cristiano Ronaldo.
Arsenal have also been linked with Vadillo this week, who impressed at the Under-19 European Championship this summer with Spain.
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