Italian admits talks are ongoing.
Real Madrid coach Carlo Ancelotti has confirmed that the club are in talks with Tottenham Hotspur midfielder Gareth Bale over a move to Spain, Sky Sports reports.
Reports both in England and Spain have suggested that Real have tabled an £85 million bid for the Welsh international and that the player is actually interested in making the switch.
However, negotiations have been complicated by Real currently being on tour in the United States, but Ancelotti revealed from a press conference in Los Angeles that talks between the two are still ongoing.
“It is difficult to talk about Bale because at the moment he is not a Real Madrid player,” Ancelotti told reporters.
“I believe the club is in talks to find a solution and we will see what happens.
“I am not used to talking about players who are not in my team and it would not be right to do so.”
Should a deal be struck for the 24-year-old then it would be a deal that would see Real overtake their own transfer record when they paid Manchester United £80 million for Cristiano Ronaldo back in 2009.
Former Spurs midfielder Luka Modric had been linked with a move back to north London as a part of the deal to bring Bale to the Beranbeu, but Ancelotti denied that there was any truth in the rumour.
“All the players we have now are happy, we have not talked about any player leaving,” he insisted.
“Modric is a very important player for us and will play with us next season.”