Tottenham Hotspur are ready to restart contract talks with Gareth Bale this week but are facing the prospect of another bid from Real Madrid as the race to secure the future of the Wales international intensifies.

Spurs chairman Daniel Levy cut short his holiday in Florida and flew to London for crunch talks with the winger. He is expected to approach Bale's representatives in the next few days over a deal worth about ￡170,000 a week and is determined to snub offers from Madrid, despite already receiving and rejecting a world-record bid.

The Spanish club has reportedly made an offer last week for the player, at a value of €100m (￡86.3m), although that is thought to include the transfer of Angel di Maria and Fabio Coentrao in the deal.

The package would shatter the previous world record fee of ￡80 million that Madrid paid Manchester United for Cristiano Ronaldo in 2009.

In his press conference following Tottenham's second game in Hong Kong on Saturday, against South China, the Tottenham manager, Andre Villas-Boas, would not clarify Bale's future at the club. When asked whether the player himself had asked to leave, Villas-Boas said that he could not speak about the subject.