According to The Times, Spurs chairman Daniel Levy was in Madrid for talks with president Florentino Pérez in order to bring the Welshman back to North London prior to last Friday’s 11pm deadline.
However, nothing materialized.
Bale left Tottenham for Madrid in the summer of 2013 for a then world-record fee of £85 million, and has since established himself as one of the best players on the planet, winning four Champions League titles and a La Liga title.
The Wales international, 30, currently earns £500,000 a week at Madrid and has two years left on his current deal.