Real Madrid Star Gareth Bale Only Cost £78m, Claims Florentino Perez

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Welsh playmaker is no longer the world’s most expensive player. 

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Real Madrid president Florentino Perez has revealed that  the Spanish giants’ recent big-money signing from Tottenham Hotspur, Gareth Bale, is not the most expensive player in the world after all as had previously been thought the case, according to reports in the Daily Mirror.

The Wales international finally completed his protracted and much-talked about transfer to the Santiago Bernabeu last month after months of negotiations between the north London club and their counterparts from the Spanish capital.

However previously it had been reported that the wide man’s move to los Blancos had cost Madrid a world-record £85m, with Bale also understood to have put pen to paper on a bumper six-year contract worth a staggering 300,000 euros per week.

That, though, is not now believed to be the case after the La Liga outfit’s president confirmed during an interview on Intereconomia television that Bale actually cost the club less to buy than Portugal international Cristiano Ronaldo, who Real signed  from Manchester United for an eye-catching £80m back in the summer of 2009.

And according to Perez, Bale was bought from Spurs for £78m, which is how much the Spaniards have insured the Welsh flyer for.

“Yes, sure. It’s a life insurance, against accidents. Bale is insured for the amount he cost,” said Perez.

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