Tottenham Hotspur chairman Daniel Levy has announced that the club will grant Gareth Bale's wish to be sold to Real Madrid if the Spanish giants give them a world-record fee of €150 million plus Gareth Bale. Levy has billed this offer as a "generous compromise" after rejecting several dizzying cash bids from Real Madrid under increasing pressure to sell his 24-year-old star.

"This has been a very difficult decision," Levy told reporters while stroking a white cat. "But I've decided to relent to Gareth's wishes and the intense interest from Real Madrid by offering a very generous compromise. We will sell Gareth Bale to them if they give us €150 million and Gareth Bale in return. These are my final, non-negotiable terms. And if they send us the money and Kaka with a Gareth Bale haircut instead, I will flip out."

Spurs have grown to rely heavily on Bale, who led the team with 26 goals in all competitions last season on his way to winning both the PFA Young Player of the Year and Player of the Year awards. This is something Levy has taken into consideration in concocting his offer.

"I know we would be giving up a lot, but I feel that the only way to make up for the loss of a top talent like Gareth Bale would be to get a world-record fee and Gareth Bale in return. After all, it's not like we could turn around and use that money to sign another player of his caliber both in talent and commercial viability. Madrid have already made it clear that they won't sell Cristiano Ronaldo. Lionel Messi's not leaving Barcelona, nor is Neymar now that he just arrived there. Edinson Cavani's gone to PSG. Falcao to Monaco. That just leaves Gareth. But allow me to be clear: we will definitely take the money, as well."

"Madrid would be crazy not to jump at this offer," Levy concluded. "It's Gareth Bale. And all they would have to give up is €150 million and Gareth Bale. That's a no brainer."

It is understood that Bale, who has three years remaining on the contract extension he signed with Tottenham last summer, is very confused by this proposed offer. When Real Madrid president Florentino Perez was reached for comment, however, he paused, rubbed his chin and said, "I think that might work."