Daniel Levy has apparently accepted that Bale is determined to move to Madrid and is willing to countenance selling the Welshman for a world record fee.
However he wants to get one over on Manchester United by prising former star Modric in return for Bale.
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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.