Does this mean they would accept that much in payment of his wages? It's not clear what some of this back and forth means.
Real owe Bale something to the tune of 60 million Euro pre-tax over the remaining two years of his deal.
Real want rid and it seems unlikely that anyone is willing to pay 60 million for two years of a 31-year-old Gareth Bale.
So then it's a question of who is willing to take the most of that financial liability off of Real's hands?
By far the simplest way to structure that deal would be to just do a two-year loan with Real retaining however much of the salary obligation the winning bidder won't be paying. A transfer fee would be beside the point, you could do a transfer fee, but it's just putting the same money in one bucket instead of another (maybe there are tax benefits, I dunno).
The one thing that would shake this up of course would be if Bale were willing to tear up his deal. But based on everything we know and have heard, that seems extremely unlikely, and he'd be losing out on a ton of money.
United landing him on Deadline Day for a snip in lieu of Sancho because Spurs won't pay up would be an outcome that's terrible for Real, Spurs, United, and probably Bale himself, and would be the perfect expression of everything about both Levy and Woodward, so I'm putting my money down on that being what happens.