Real Madrid ‘preparing Harry Kane bid’ which falls £132m short of asking price

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Real Madrid are reportedly gearing up to submit an initial bid for the services of Tottenham striker Harry Kane, although the financial terms involved could see the offer rejected out of hand by Spurs chairman Daniel Levy. Kane is about to enter into the final year of his existing contract in north London and has been widely tipped to seek a new challenge ahead of next season, with the 29-year-old yet to sign extended terms at the Tottenham Hotspur Stadium.

Manchester United have been heavily linked with a move for Kane as Erik ten Hag seeks the addition of a new first-choice striker to lead the line next season, while Real Madrid have also been credited with a desire to snap him up as they look to replace the outgoing Karim Benzema. The Spanish giants have already started to plan their first official bid for Kane but are only willing to offer less than half of Tottenham’s reported asking price, according to AS.

It is said that an offer of just £68million is being prepared behind closed doors at the Bernabeu, but such a bid would risk being rejected out of hand due to Levy’s sky-high valuation of Kane despite his contract status at Tottenham. The England skipper’s current employers are said to be demanding around £200m to sell him this summer, which could put him out of Real Madrid’s reach given the money that is likely to be involved in any successful agreement.

The La Liga heavyweights have also drawn up plans to offer Kane a three-year contract with an annual net salary of around £9.4m, which is said to be the same amount he is currently earning at Tottenham each season. However, it will be crucial for Real Madrid to agree financial terms at club level in order to stand any chance of bringing Kane to the Bernabeu, regardless of whether or not he is willing to accept the personal terms on offer.

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It remains to be seen how the situation will play out over the coming weeks and months, with Tottenham desperate to avoid letting Kane leave as they look to rebuild under the guidance of incoming boss Ange Postecoglu next season. Those in power at Real Madrid already have first-hand experience of being left frustrated in negotiations with Levy and fear that Spurs will be ‘allergic to giving up’ in their efforts to hang onto Kane for at least another year.

Levy could risk upsetting Kane if he refuses to sanction a move away from Tottenham this summer, though, with former Liverpool ace Dean Saunders having warned that the striker’s form next season could take a nosedive if he decides to down tools in protest.

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“Daniel Levy has lost control of Harry Kane now,” Saunders told talkSPORT. “Once you let a player’s contract run down to one year, even two years, they can see the end of the line and they’ll wait. They can walk out for nothing and they get the transfer fee in their own pocket.

“So, if he goes to Manchester United I think they’re on the right road and they’re looking at winning things. He’s a great player, isn’t he, to get another 30 goals and the team has struggled. Imagine if they never had him, where would they be? Right now, with 12 months left on his contract, I’d pay £60 million for him.”

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