Tottenham to offer Gareth Bale £40m to keep him at White Hart Lane

Tottenham are drawing up a 'double your money' £8million-a-year deal in a bid to keep Gareth Bale from the clutches of Europe's elite.

The 23-year-old forward has been outstanding during the club's charge towards Champions League qualification, scoring 20 goals in all competitions, and Spurs will make their offer of a five-year deal worth around £40m once they have secured a place in the top four of the Barclays Premier League.

Bale signed a four-year contract worth a basic £75,000 a week last season which ties him to the club until 2016, but his increasing influence has prompted Tottenham to reassess that.

Chairman Daniel Levy recognises the need to reward his prize asset, who has drawn comparisons with the world's best players Cristiano Ronaldo and Lionel Messi, and will propose a groundbreaking offer for the club of around £150,000 a week.

A queue of clubs wanting the Welshman is already forming. Real Madrid, Bayern Munich and Manchester City head the list of those after him this summer and all would be willing to pay substantially greater wages.

But Levy values Bale at around £60million and will resist lesser offers. He sees Bale as pivotal to the club’s commercial growth, acknowledging that the player’s continuing development and rising profile will help attract lucrative sponsorships and kit deals.

Although Levy is reluctant to change a business strategy in which player wages do not exceed 70 per cent of Tottenham’s turnover, increased commercial revenue, plus Champions League funds, would help offset any extra money they give to their star man.


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