Chelsea have reportedly been knocked back by Real Madrid after offering £100m for Gareth Bale.
The Wales international has been linked with a possible return to the Premier League, just 15 months after leaving Tottenham Hotspur in a world record £85m transfer to the Bernabeu.
Manchester United have been touted as a possible destination, with reports claiming that the Spanish giants want goalkeeper David de Gea as part of the deal.
It is believed that United are also preparing a £100m offer, but their rivals Chelsea have already been dismissed after lodging the bid last week, according to The Express.
Bale, whose buyout clause is reportedly set at £786m, scored the winning goal in Madrid's Copa del Rey triumph and also netted in the club's historic Champions League final win during his first season at the Bernabeu.
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