Everton could afford to sign Gareth Bale in the summer – but he is not worth the risk or the money involved.

That is according to finance guru and Football Insider columnist Kieran Maguire, speaking exclusively after journalist Edouard Inda told Spanish TV show El Chiringuito that Carlo Ancelotti is keen on the 31-year-old.

Bale has a year remaining on his Real Madrid contract and has spent the current campaign on loan with Tottenham.

The Daily Mail meanwhile report that Spurs chairman Daniel Levy will give the next permanent Tottenham boss the chance to re-sign Bale on loan for 2021-22.

If Everton pursue a similar deal, they would likely have to pay approximately half of Gareth Bale’s £600,000-a-week wages, just as Spurs have done this season.

Maguire was adamant that Bale’s salary would not be beyond Everton but urged the Toffees to steer clear of the Welshman.

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He told Football Insider correspondent Adam Williams: “Could they afford it? Yes, they could. Moshiri has the wealth to do it.

“Could it upset other players in terms of the wage structure? Quite possibly, there is a danger of that.

“Bale will be 32 this year and he hasn’t had a full good season for a while.

“If they wanted to do it from a marquee signing perspective, that might work.

“But I just don’t see how they’d be getting good value for money. For most of the season, he’s been a Spurs reserve.”

Bale and Ancelotti worked together between 2013 and 2015 in Madrid.

The winger lifted the Champions League trophy under the Italian manager’s wing in his first season in the Spanish capital.

In other news, Everton star pricing himself out of move amid wage demands reveal.