Reports in the English press suggest that the Spanish giants have conceded they cannot sign the player yet.
Madrid may go back in for the Welshman in 12 months’ time, with Bale one of the most sought after players in world football.
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Liverpool have unveiled their new home kit for next season, sticking with the hugely popular retro styling of the current shirt.
The reputation of the Premier League means it is the most popular and one of the most watched leagues in the world.