adminLONDON. — Real Madrid’s proposed world-record signing of Gareth Bale will cost the Spanish club around £200 million in the transfer fee and player wages.
It is understood that Tottenham Hotspur are holding out for £104 million for the 24-year-old forward who is pushing hard for a move this summer. In addition Real Madrid want to pay Bale a salary of £7.8 million a year — net of tax — over a proposed six-year contract.
Given the Spanish tax laws now demand 52 per cent of salary goes to the state, the cost of Bale’s wages double for the club and equates to around £150 000 a week for the player after the tax is paid.
It means that Real will have to pay £104 million to Spurs to sign Bale and just over £94 million in wages over the term of his contract. The full cost of signing Bale will be even greater when agents’ fees and other payments are taken into account.
So far, Real have fallen short of Spurs’ valuation even if the English Premier League club continue to insist that Bale is not for sale at any price during this transfer window.
Real are believed to have offered more than the world-record figure of £80 million they paid Manchester United in 2009 to sign Cristiano Ronaldo. Even though the offer is staggering, it still falls considerably short of what is understood to be Spurs’ valuation.
Real have asked Spurs whether they can be persuaded to take players as part of the deal, although the initial offer of either Argentine winger Ángel di María or Portuguese left-back Fabio Coentrao is unlikely to be successful.
There is interest from Spurs in Spain Under-21 international Alvaro Morata but it is understood that Real are reluctant to lose the striker. — The Telegraph.
Online Reporter