Daniel Levy is willing to explore the possibility of Tottenham re-signing Gareth Bale this summer but only for a bargain fee, Football Insider understands.
Real Madrid are willing to listen to offers for the Wales attacker this summer after he was dropped from the squad for their last two league matches despite being fit and available.
Bale has been frequently linked with a return to the Premier League six years after quitting Tottenham for a then-world record fee of £86million.
A Spurs source has told Football Insider that chairman Levy is interested in signing Bale for a second time but only if Real are interested in negotiating a cut-price deal and the player was willing to take a major pay cut.
Real are keen on signing Christian Eriksen this summer but Levy has slapped a £140million price tag on him even though he is out of contract in the summer of 2020.
The source said one possibility is a part-exchange deal, although the Spurs chairman values Eriksen, 27, at more than three times higher than Bale, who turns 30 in July.
Tottenham would also be keen on taking Bale on loan for a season, although they would not pay all of the player’s £350,000-a-week wages.
The former Spurs forward’s agent Jonathan Barnett has admitted his superstar client’s future is up in the air but has insisted he wants to remain at the Bernabeu and would not be cheap for any prospective buyers.
Mauricio Pochettino is an admirer of Bale and open to the possibility of a romantic return to the club where he spent six years from 2007 to 2013.
Jamie Redknapp has claimed the four-times Champions League winner would be an exciting signing for Spurs fans.
“His Real Madrid days look numbered,” Redknapp told the Daily Mail. “I’ve heard that clubs in China are keen to sign Bale, but I would love to see him return to Tottenham. Imagine him lighting up their new stadium.”