Real Madrid have secured first option to buy Gareth Bale.
Bale signed a new four-year contract with Tottenham in June – but he has been the subject of constant transfer speculation during the last three years.
Barcelona, Real Madrid and Manchester United have all been linked with the 23-year-old who has emerged as one of the Premier League’s outstanding talents. In the wake of Luka Modric’s transfer to Real last week, the clubs announced that they had formed a new alliance.
In a statement, it was revealed this will involve “players, coaches, best practices and commercial relationships”.
It is also thought that Jose Mourinho’s Real will now get the first chance to sign Bale should either Tottenham decide to cash in on their valuable asset or if the player asks to leave.
Jeff Zelevansky
The asking price for Bale will be around £45million but Spurs would have the chance to choose from Real’s talented squad in any deal.
Meanwhile, Tottenham have confirmed that winger Aaron Lennon has signed a new contract, which commits him to the club until 2016.
The 25-year-old has played more than 230 matches in all competitions for Spurs since joining from hometown club Leeds in 2005.
He has started both Barclays Premier League matches for Andre Villas-Boas’ side this season. Lennon, who netted four times for Tottenham in all competitions, was part of England’s World Cup squad two years ago.
However, he did not figure in this summer’s European Championships.
There had been rumours in recent weeks that Lennon may be surplus to AVB’s requirements, but the new deal silences those claims.
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