Website football.london is reporting that the Lilywhites have a first-refusal option to buy the 28-year-old following his move to the Spanish club from Spurs back in the summer of 2013.
According to the same story, Tottenham must be notified of any bid for Bale from a Premier League club, and they then have 72 hours to match the offer.
However, the same report now says that Spurs’ hopes of signing Bale are over after Cristiano Ronaldo’s move to Juventus from Real Madrid was confirmed.
According to the same report, Tottenham never realistically believed that bringing Bale back to White Hart Lane was a real option this summer.
The attacker’s future has been a source of speculation this summer after he admitted that he was considering his situation in the wake of the Champions League final win over Liverpool FC.
Spurs are likely to be on the lookout for a number of top signings this summer as they bid to build a squad capable of challenging for the title next season.
The Lilywhites ended up in third place in the Premier League table last term.
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