The Sunday Mirror reports that the Spanish giants are now planning to make a world record £85million bid to land Bale.
Friends of Bale now reportedly believes the Welshman’s future lies in Spain.
Spurs are keen to hand Bale a new £170,000-a-week contract, but there are fears at the club that the Welshman is keen on a move to Real Madrid.
Spurs boss Andre Villas-Boas has insisted that they will not be selling Bale this summer.
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Summer 2016 is set to be a very exciting time for football fans, as this is when the long awaited Euro 2016 tournament kicks off.
Since Guus Hiddink arrived at the helm, Chelsea have improved considerably after a tricky start to the campaign.