Gareth Bale has reached an agreement with Real Madrid president Florentino Perez which will see the Welshman leave the Bernabeu at the end of the season, according to reports in Spain.
28-year-old Bale has had his season plagued with injury, limiting him to just seven appearances in all competitions, increasing speculation linking the winger with a blockbuster move back to the Premier League.
According to Diario Gol, both Bale and Real Madrid feel that a move back to England's top flight is in the best interest of both parties, as his injury woes have become increasingly problematic - as he has been out with an injury for more than 300 days since his arrival at the club.
The Spanish report claims that both Manchester United and Tottenham are eager to sign Bale and bring him back to the Premier League. However, it is understood that Real's asking price is a sticking point for both clubs.
After spending £85m for the winger in 2013 Perez is eager to recoup as much as he can for the 28-year-old, but United and Spurs are said to only be willing to part with £50m for the injury riddled winger.
The Wales international has been a long-time target for United, with the club willing to pull out all stops to bring Bale back to England despite his long history with injury.
Bale made his long awaited return to action after two-months on the sidelines in Real's victory over Fuenlabrada in the Copa del Rey last week, only to suffer another injury setback which has seen him miss his side's past two matches.