Manchester United missed out on signing Gareth Bale after submitting a bid earlier this summer, Real Madrid president Florentino Perez has revealed.
The 24-year-old moved to Real from Tottenham earlier this month for 100million euros (£85.3million) after negotiations that lasted the entire summer transfer window.
But Perez has revealed the Spaniards were not the only club that tried to sign the Welshman, with Manchester United also submitting an offer.
While Bale eventually moved to Madrid for a world-record fee, Perez insists the club did not pay over the odds.
"Bale has come cheaply," he said. "Signing the best players out there is Madrid's philosophy and Bale was the best available player on the market this summer. We had been following him for two years.
"Tottenham did not want to sell. We learned that Manchester United had made an offer and we made one ourselves."
But Perez has revealed the Spaniards were not the only club that tried to sign the Welshman, with Manchester United also submitting an offer.
While Bale eventually moved to Madrid for a world-record fee, Perez insists the club did not pay over the odds.
"Bale has come cheaply," he said. "Signing the best players out there is Madrid's philosophy and Bale was the best available player on the market this summer. We had been following him for two years.
"Tottenham did not want to sell. We learned that Manchester United had made an offer and we made one ourselves."
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