The Daily Mail reports that that Spurs will make their offer of a five-year contract worth around £40million once they have secured Champions League action for next season.
Bale signed a four-year contract worth £75,000-a-week last season, but Spurs are ready to hand the winger a new deal in order to keep the winger at the club.
Spurs chairman Daniel Levy reportedly plan to offer Bale a deal worth around £150,000-a-week.
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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.