White Hart Lane man finally on his way to the Bernabeu.
Real Madrid have finally agreed a deal with Tottenham to sign long term target Gareth Bale according to Spanish source AS.
The La Liga giants will pay €101m (£86m) to sign the 24 year old Welsh international who has agreed terms on a six year contract with the Bernabeu side.
Bale will also retain 60% of his image rights and is said to be set to earn £6m a year and the decision to allow the former Southampton man to complete his move away from White Hart Lane was no doubt in it’s advanced stages as Daniel Levy handed Andre Villas-Boas a massive transfer fund that the Portuguese boss has gleefully spent.
Thus far Tottenham have signed Paulinho, Nacer Chadli, Vlad Chiriche?, Etienne Capoue, Christian Eriksen, Erik Lamela and Roberto Soldado, spending upwards of £109m in the process.
Gareth Bale had a standout campaign last term, scoring 26 goals in all competitions and winning both the PFA Player and Young Player of the Year awards in the process.
Carlo Ancelotti may have to consider selling a player or two to help balance the books following an investment of this magnitude.
The fee will break the current world transfer fee record, which came in the form of the £80m that Real Madrid spent to sign Man United man Cristiano Ronaldo in the summer of 2009.