Gareth Bale
Gareth Bale could be close to departing White Hart Lane. Richard Heathcote/Getty Images

Gareth Bale continues to be a focal point of the current transfer period and as the window nears the official closing date of September 2, 2013, the Tottenham midfielder may finally be close to a departure from White Hart Lane. Though he was coveted by multiple clubs during the offseason -- one of those teams being English Premier League affiliate Manchester United -- the 24-year-old phenom is reportedly nearing a deal with Real Madrid, the team most though would be Bale's eventual suitor.

According to Nicholas Rigg of ESPN FC, Real Madrid and Tottenham are discussing a transfer that would send Gareth Bale from the Spurs to the Bernabeu while Tottenham would receive Madrid's Fabio Coentrao. News reports indicate that a financial figure of £93 million plus Coentrao seems to be enough to push this deal in the right direction as the final days of the transfer window come and go. It's clear that the addition of a player with Bale's talent would certainly up the club's chances of winning another La Liga championship as well.

The Gareth Bale-to-Madrid saga continued to rumble with news suggesting that Tottenham Hotspur have agreed to a fee of £93 million plus the services of want-away Fabio Coentrao for their Welsh wizard.

There's yet to be any confirmation or denial from any party, but the report suggests a deal is still very much being scrapped out between the two clubs and agents, if it hasn't been sorted already. Reports have been doing the rounds in Spain recently as Madrid continue to haggle over the price of the player, and decide on just where he will play.

While he is aware that Bale is considered to be the top player in the world behind Barcelona's Lionel Messi and Real Madrid's Cristiano Ronaldo, former Madrid great Raul Gonzalez said recently that the proposed move will certainly benefit Los Blancos from a talent perspective but that the club must be careful when shelling out boatloads of cash.

"Bale is a player who can make the difference, he has done that in recent seasons," the 36-year-old Al Sadd star said. "Behind Cristiano and Messi he is the player pushing up the most. It seems Madrid want him and will make a big effort to get him. If it happens everyone at the club will be delighted. The market is what it is. If they reach an agreement the price will be 'X', and then we will see if it was worth it. Other times big figures were paid and the performance did not come. You have to wait to see if it happens and then his performance."

If the deal does happen between Tottenham and Real Madrid, The Telegraph indicates that it will not officially take place until Friday, August 23 at the earliest. Although Spurs boss Andres Villas-Boas would love to see his star midfielder remain at White Hart Lane, he is fully aware that the high-profile move to the Bernabeu is a definite possibility.

"Ideally we want to keep everyone to make us stronger, that is the ultimate objective of the club," Villas-Boas indicated. "In the end, anything can happen. We are dragging ourselves into the last weeks of transfer activity and it can become very, very frantic. The objective always is to be stronger than the year before and I think we are on the right way to achieve it."

Though he has not played for the Spurs in over a month because of injury, news on the future of Gareth Bale will remain fresh even until the proposed move is made.

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