Reports in England suggest that the Welshman does not want to leave White Hart Lane yet, although his club agonisingly missed out on Champions League football at the weekend.
Bale will though be able to leave next year if a big enough offer comes in for him, according to the reports.
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Since Guus Hiddink arrived at the helm, Chelsea have improved considerably after a tricky start to the campaign.
Newcastle United are staring down the barrel of relegation to the Championship for the second time in the past eight years.