Gareth Bale
Gareth Bale is on Paris Saint Germain's wishlist for the summer, reports claim.

Paris Saint Germain look set to rival Real Madrid for the signing of Tottenham Hotspur winger Gareth Bale with the Ligue 1 champions willing to pay up to £85m for his services.

Madrid had insisted that they weren't the only side willing to fork out a record-breaking transfer fee for Bale, who won a host of individual accolades last season including the PFA Players' Player of the Year and FWA Footballer of the Year awards after scoring 26 goals for Spurs.

Tottenham have continually stated they will keep hold of Bale through the summer, and with the winger contracted until 2016, chairman Daniel Levy holds all the cards over deciding whether to let his biggest star leave.

But now the Daily Mail are reporting that Bale is a target for PSG, who are keen to build on their first French title win for 19 years and improve on their competitiveness in the Champions League, where they reached the last 16 stage before being knocked out by Barcelona.

Bale's future is set to be decided when he returns from holiday at the end of the month.

The 23 year old's own personal preference will no doubt come into the equation over whether he leaves or stays at Tottenham, but Levy has shown himself willing to be stubborn over the future of the club's prized assets, denying Luka Modric the opportunity to join Chelsea in the summer of 2011.

Bale's agent recently said he would be open to the possibility of a move to Madrid, telling reporters: "If Florentino Perez is interested in Gareth Bale it would be an honour and we would listen, but his contract is with Tottenham.

"We are not free to speak with anybody at the moment, that's where we are. I don't know if there has been any offer, what I know is that the player has three years left on his contract."

Madrid are believed to have stepped up their pursuit of Bale after the Spanish giants failed to land Neymar, who chose a move to bitter rivals Barcelona.

The manager-less La Liga runners are themselves fretting over the future of their own prized asset; Cristiano Ronaldo, whom president Perez wants to tie down to a big money contract amid reports claiming the Portuguese winger may also be the subject of a big-money bid.