Transfer news: Real Madrid looking to 'find a solution' to sign Gareth Bale from Tottenham, reveals Carlo Ancelotti

Madrid boss remained coy on the situation but admitted that talks were taking place over the transfer and that Luka Modric will not be part of any player exchange

Carlo Ancelotti has been speaking over the proposed transfer of Tottenham's Gareth Bale to Real Madrid (GETTY IMAGES)

Real Madrid manager Carlo Ancelotti has confirmed that the Spanish club are in talks with Tottenham over a move for Gareth Bale and hopes that a deal can be agreed that will see the winger move to the Santiago Bernabeu.

The 24-year-old took the Premier League by storm last season, going on to claim both the Player of the Year and Young Player of the Year after he scored 21 league goals for Spurs.

Real have been heavily linked with Bale throughout the summer, leading to suggestions that they are willing to break the £80m world record transfer fee – set in 2009 when they signed Cristiano from Manchester United.

The Red Devils were believed to be interested in signing Bale, but Madrid is said to be Bale’s preferred destination although Spurs have remained defiant that their star player will not be leaving White Hart Lane this summer.

However, Ancelotti has spoken out on the situation, but he could not confirm where negotiations were at as he prepared for Madrid’s pre-season friendly against LA Galaxy tomorrow.

"The club is talking right now to find a solution to the case of Bale, but there is no news in this regard,” said Ancelotti.

"I've never talked to Bale because they usually do not talk to players from another team and now we would just talk to him.

"It's hard to talk about Bale as a player of Madrid, let's see what happens. I am very happy with the squad and with the work we are doing.

"The squad is very good, as I have said many times there is quality, experience, character and it is young.”

Ancelotti did confirm though that Luka Modric would not be leaving the club after speculation claimed that Spurs had asked for Modric as part of a player-plus-cash deal for Bale, although that situation could still transpire with Angel Di Maria, Fabio Coentrao and young striker Alvaro Morata all linked with a switch.

"All players are working well, we have not discussed anything about outputs, so it is not true about Modric - he is a player very important to us,” added Ancelotti. “Modric will play with us this season.”

There was some good news for Spurs’ fans yesterday evening with Valencia president Amadeo Salvo confirming that a fee had been agreed with the north London club over the transfer of Roberto Soldado, although the deal was being held up by agents involved in the transfer.

"The agreement with Tottenham is total," Salvo is quoted as saying yesterday at a restaurant in La Patacona by lasprovincias.es.

"A problem has arisen with the (player's) agents," he added. "(If it is resolved) he will go."

Despite Spurs’ intent not to let Bale leave, it is starting to seem more and more likely that he will be leaving for the La Liga sooner rather than later, with sources close to Tottenham yesterday suggesting Bale had told chairman Daniel Levy that he wanted to move to Madrid.

One player Spurs were happy to let go though was defender Steven Caulker, who joined Cardiff City in a club-record transfer thought to be just over £8m.

The 21-year-old had been marked out as having a bright future at White Hart Lane, but manager Andre Villas-Boas decided to let him go so that he could play regular first team football, with the income from the deal thought to be going towards the Soldado deal.