Real have maintained a constant public campaign to try to woo Bale this summer, with a number of senior players admitting they would love the Tottenham forward to join them at the Bernabeu.
Real president Florentino Perez appeared to question whether the nine-time European champions would be willing to stump up the world-record fee required to persuade Spurs to sell their prize asset.
"100million euros (£86million) seems to me like a lot of money, all things considered," Perez said in an interview with ESPN.
Some construed Perez's comments as evidence that Real were going cold on the deal, but sources close to Bale insisted today that talks are still ongoing over a transfer.
With over three weeks left until the transfer window closes, the transfer saga still has plenty of potential to rumble on.
Tottenham reportedly want at least one Real player plus cash in return for Bale, with Portugal left-back Fabio Coentrao the most prominent name mentioned of late.
Bale, meanwhile, is expected to sit out Tottenham's friendly against Espanyol on Saturday.
The 24-year-old, like any injured player would, has been taking part in one-to-one sessions as he bids to recover from a foot injury.
But even though he has been selected for Wales' game against the Republic of Ireland next week, Andre Villas-Boas is unlikely to play the forward at White Hart Lane on Saturday.
Bale's income is set to increase next season regardless of which club he plays for after it was confirmed that the forward's application to trademark his 'Eleven of Hearts' celebration logo has been successful.
The Intellectual Property Office confirmed today that the logo, which includes a number 11 inside a heart shape made of two hands, has been trademarked.
Bale's advisers have plans to introduce the symbol on to a number of products which will be revealed to the public at a later date.
That could stand to make him up to £3million a year, according to Nigel Currie, director of sports marketing agency brand-rapport.
He said: "The possibilities are huge for Gareth Bale. Once he has that right he can cash in on it and become a more well-known player.
"A third of his overall income could be made from his image rights, potentially up to £3million a year."
Bale first incorporated the heart sign in to his goal celebration in 2010. He revealed afterwards that he did it as a gesture to his childhood sweetheart Emma Rhys-Jones, with whom he had a daughter last year.
Meanwhile, Tottenham are closing in on the signing of versatile Toulouse midfielder Etienne Capoue.
Arsenal and Cardiff had declared an interest in the France international, but Tottenham are confident they have got their man and the 25-year-old is expected to sign for Villas-Boas' team in the coming days.
The France international, who can operate in midfield, is set to become Villas-Boas' fourth signing of the summer after the recent arrivals of Paulinho, Nacer Chadli and Roberto Soldado.
Cardiff had a bid of around £9.5million accepted for the player, but manager Malky Mackay revealed the midfielder is set to move to White Hart Lane instead.
Mackay said: "We had a bid accepted but it looks as if he has decided, as far as I am aware, to go to Tottenham.
"It looks like it will go that way."