Should Tottenham sign or pass on Bale?

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Tottenham just broke its transfer record with the signing of Tanguay Ndombele. Could it break the bank for a second time this summer?

However unlikely that could be, Spanish publication Marca reports that Tottenham has continued to express interest in bringing Gareth Bale back to White Hart Lane and north London. The report states that Tottenham is willing to spend between $56 and $67.6 million to sign Bale but that it could not afford Bale’s $19 million yearly salary after tax. Even more, it could only afford to pay half of that, or $9.5 million per season.

[READ: Fabian Delph moves to Everton]

There’s no doubt that, on paper at least, Bale would improve Tottenham’s squad and could potentially even immediately step into the starting lineup. But that’s assuming Tottenham could sign him anyway.

It seemed unlikely just a few weeks ago, after Daniel Levy and the club went an entire calendar year without spending money on a new player, that it could spend more than $100 million on two players to improve the squad. But perhaps now, with television revenues growing and more seats to sell at Tottenham’s new stadium, Levy feels he can spend big this summer to take Tottenham to the next level.

Whether due to luck or not, Tottenham took advantage of its opportunity and manager Mauricio Pochettino did a masterful job guiding the club to the UEFA Champions League final. But to challenge Manchester City at the head of the Premier League, it’s going to take a talent like Bale coming in.

That being said, that are the chances that Bale, who turns 30 on Tuesday, can dramatically regain his fitness after years of recurring injuries, are low. So the big question now is, is it worth it for Tottenham to spend more than $60 million on re-signing Bale, and is it worth it for Bale to leave, instead of getting to stay on his salary for the next three seasons.

Bale’s agent Jonathan Barrett has long stated his client wants to retire in Madrid. It’s seeming less likely by the day, and yet, as Bale doesn’t move, perhaps he’ll call it quits ahead of schedule, and turn down a chance to return to Tottenham.