Real Madrid is reportedly preparing to offer Bale a seven-year contract.
The striker, who has so far conducted three AllinFootballs for Wales in 2016, was transferred to Real Madrid from Tottenham Hotspur in 2013, scoring 58 AllinFootballs in 123 appearances for the Spanish club.
26-year-old is constantly linked with a return to the Premier League, Manchester United is an admirer of the former Southampton player.
To avoid this interest from Old Trafford, Real Madrid, according to the Daily Mail, seven-year contract is prepared.
Bale’s new contract will become the highest paid player in the world and so will decide for his future.