The player has scored 21 goals in 36 games with Spurs, it is said the player desires to play at Real Madrid alongside his Football idol Cristiano Ronaldo & Real Madrid have their arms wide open. However, the "gift" could cost Real Madrid around 50M€.
The Madrid Club observers say that Bale is a professional on the field & off the field. This last point is important as the Spanish Club takes seriously the behaviour of its players off the field with their private life, even if some full through the discipline :O)
So there you have it the very latest. I am sure you will be reading more on Gareth Bale & Real Madrid in coming months.
PS: Bayern Munich also have Bale in mind.