The 24-year-old has been expected to join Madrid for much of the summer but Press Association Sport now understands that the north London club have received an offer from at least one other club for the player.
Spurs are also thought to be dismayed with Real’s conduct during the whole affair, including the club’s decision to erect a stage inside the Bernabeu for Bale’s unveiling, and the fact that they started selling replica shirts with the Welshman’s name on the back.
There is also a feeling among the Spurs hierarchy that Real do not have the money to pay for Bale outright and they are also unimpressed with the Spanish club’s current offer, which involves spreading what is expected to be a world-record fee over six years.
Bale missed Tottenham’s 1-0 win over Swansea on Sunday as he had been given time off, with suggestions a trip to Spain would have also seen him finalise details over a deal that was likely to break the world record transfer fee.
Tottenham themselves have invested heavily in players throughout the summer, breaking their own transfer record on two separate occasions.
But despite such an outlay on new talent the club maintain that they have not manoeuvred themselves into a position which means they need to sell Bale to recoup the money.
With potential fees for Bale reportedly varying from £80m to £100m, there would be few clubs other than Madrid who have the spending power to pull of a move for the winger.
Spurs boss Andre Villas-Boas maintains there is a possibility Bale could even stay at White Hart Lane, where he scored 26 goals in all competitions last year.