Gareth Bale has finally sealed a move away from Real Madrid with Tottenham Hotspurs agreeing for a 1 year loan deal worth £15 million. Gareth Bale will be returning to Tottenham in what is a sensational move for the club who sold Bale back in 2013 for a record £89 million. Manchester United were the prefered option for Bale camp but United were put off by the financial numbers and their still active pursuit for Jadon Sancho.
Gareth Bale still have a contract with Real Madrid till 2022 and Madrid are paying him £500,000 a week in wages but with Spurs loan deal, Madrid will be paying portial of Bale’s wages for 2020-21 season. The loan deal is rather expensive if we look at how much it will cost Tottenham for just 1 year. They will pay £15 as a loan fee to Real madrid plus they will be paying 50% of Bale’s wages (£250,000 a week) making him the highest paid player in Tottenham ranks.
|Loan Tenure & Fee||1 Year loan deal where Tottenham will pay £15 million as loan fee.|
|Wages||Bale is still contracted to Real Madrid in a £500,000 a week deal till 2022. Tottenham will pay 50% of the wages for 2020-21 season.|
|Option for permanent move ?||NO: There is no clause in the loan contract enabling Tottenham to buy the player outright after loan ends.|
|When the loan deal ends ?||Gareth Bale will be available to play for Spurs from 17th September and loan deal ends in June 2021|