Newcastle ready to offer €60 million for Bale -report

Newcastle are about to be bought by Saudi Arabia’s Public Investment Fund (PIF) and will offer €60 million to sign Gareth Bale away from Real Madrid, according to a report from the Daily Mail.

Bale was on the verge of leaving Madrid to join the Chinese Superleague last summer, but the Welshman ended up staying in the Spanish capital. However, he has not been a relevant player for Madrid during the 2019-2020 season and Marco Asensio’s return from his ACL injury will only make things tougher for him.

However, the Daily Mail are hardly accurate when it comes to the transfer market and it doesn’t seem very likely that Madrid will receive a €60 million offer for Bale considering that his value in the market has dropped quite a lot during the last few years.

Furthermore, the upcoming transfer window is extremely uncertain and clubs are expected not to spend much money considering that the financial impact the Coronavirus pandemic remains to be seen.