Gareth Bale loan deal to cost Tottenham £20m deal as details that put Man Utd off emerge
Gareth Bale’s one-year loan will end up costing Tottenham close to £20million, though they won’t pay any one-off fees to Real Madrid. According to a report in The Independent, Spurs will only pay a portion of Bale’s wages.
Bale appears to be only days away from returning to north London.
After his relationship with Zinedine Zidane deteriorated, he found himself out of favour in the Spanish capital.
He still has another two years to run on his mammoth £500,000-per-week contract at the Bernabeu, and he has reportedly previously stated he would be happy to sit out the rest of his contract even if he doesn’t make the first-team squad.
However, after playing for Wales earlier this month, he decided he wants first-team football and subsequently looked to leave Madrid behind.
He has always maintained that he is still a Tottenham fan, having played some of the best football of his career there before his 2013 move to La Liga.
Tottenham were reported to be in talks over a deal to sign him on deadline day of the January transfer window, but no deal transpired.
However, Spurs reignited their interest during their talks to sign Madrid left-back Sergio Reguilon, and are now putting the finishing touches on the deal.
It hasn’t been confirmed whether there will be a clause inserted allowing Spurs to sign him permanently, but they will end up getting a slight discount on the loan.
Madrid are desperate to get rid of the 31-year-old Welsh winger, and are willing to subsidise his wages.
They will reportedly pay half of his wages, £250,000-per-week, with Spurs picking up the tab for the remainder of his salary.
With no one-off payments due from Tottenham to Madrid, the loan will apparently set them back £20m for the year.
Manchester United had been linked with a move as an alternative to Jadon Sancho, but apparently refused to pay that much for a 31-year-old, citing the catastrophic finances involved in their signing of Alexis Sanchez as evidence against it.
And Duncan Castles of the Transfer Window Podcast reported this week that Spurs chief Daniel Levy became aware of United’s interest, and therefore decided to act.
“Madrid are saying they will sell for €20million, and are open to loans where they’ll subsidise some of his substantial salary,” he said.
“It’s become less complicated. It’s still complicated, but it’s less complicated than it has been in previous summers.
“Daniel Levy is now exploring the possibility of taking Bale back to Tottenham on loan,” he said. “Obviously he’ll try and get as much of the salary paid by Madrid as possible.
“I’m told he’s also aware that Manchester United have been in negotiations and have set up the details of a loan deal, and therefore he’s fighting to get the player to Tottenham instead.”