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Real Madrid offering $131 million for Gareth Bale

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11:58 AM ET 07.28 | The Gareth Bale situation is beginning to get out of hand. According to a recent report, Tottenham Hotspur has rejected a $124.6 million bid from Real Madrid for the team's star player. Tottenham has been rejecting offers for Bale left and right, but now Real Madrid has prepared a new offer that could blow the socks off of Spurs chairman Daniel Levy. If you believe the latest buzz, Real Madrid is currently preparing another offer for Bale that will be worth $130.8 million. Real Madrid's offer exceeds the previous transfer record, which was Cristiano Ronaldo's fee when they acquired him from Manchester United, by nearly $7.7 million. The bad news for Bale is that Levy is adamant that he will not entertain any of the offers. In fact, he will not even acknowledge them.

FanSided.com

Gareth Bale, Getty Images Gareth Bale, Getty Images
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