Jiangsu Suning boss says Real's demand for Bale fee scuppered deal

‘It was 90% done in the evening and in the morning everything changed’: Jiangsu Suning boss claims Real Madrid’s insistence on transfer fee for Gareth Bale scuppered the deal

  • Real Madrid’s insistence on a transfer fee for Gareth Bale scuppered a transfer 
  • Wales winger appeared set to join Chinese Super League side Jiangsu Suning 
  • But Real made a late attempt to make Jiangsu pay for Bale and ended the deal 
  • Jiangsu boss Cosmin Olaroiu claimed negotiations were 90 per cent completed 

Real Madrid’s last minute decision to insist on a transfer fee ended the club’s hopes of offloading Welsh winger Gareth Bale to Jiangsu Suning, the Chinese Super League side’s head coach Cosmin Olaroiu said.

Bale, who joined Madrid from Tottenham Hotspur in 2013 for a then-record fee of £83.7million, was heavily linked with a move to Jiangsu throughout last year’s summer transfer window.

But Real’s late attempt to make Jiangsu pay for Bale after originally agreeing to allow the 30-year-old to join on a free transfer saw the move collapse.

Real Madrid’s demand for a transfer fee for Gareth Bale ended his switch to Jiangsu Suning

‘It was very close,’ Olaroiu told The National newspaper in Dubai.

‘The club agreed with his agent, his agent was there. We agreed with Madrid and in the last month… I don’t know what happened there, they lose some friendly games by a big score – Madrid changed their mind.

‘First they said they would release him and we would have to pay his salary, then suddenly they said: “No, you have to pay for the transfer”.

‘And paying the transfer and his salary was a little bit over the budget and so we looked for another player.

‘But, actually, I know that it was done 90 per cent in the evening, and then in the morning everything changed. But Real Madrid, not us.’

Jiangsu boss Cosmin Olaroiu claims Real originally agreed to let Bale leave on a free transfer

Chinese Super League rules meant that Bale’s wages proved too costly for the Chinese club

Chinese Super League rules implemented in early 2018 mean Jiangsu would have had to pay a 100 per cent levy on any fee over 45m yuan (£4.94million) for Bale.

And, coupled with the former Southampton man’s wages of €15m (£12.5m) per year, that made the deal prohibitively expensive for Olaroiu’s club.

Without Bale, Jiangsu finished fourth in the Chinese Super League at the end of last year and are now preparing for the new season, the start of which has been delayed indefinitely due to the ongoing coronavirus outbreak.

The Wales winger ended up staying with Real Madrid and playing under Zinedine Zidane

‘We have to deal with this, but we have to also take care of the players,’ Olaroiu said of the situation in China.

‘The players have family back home, they’re worried about this.

‘I hope everyone will be OK, and they will find a solution to pass this moment quickly and everything to be fine again.’

Bale’s agent Jonathan Barnett recently insisted he would be staying at Real. 

Bale’s agent Jonathan Barnett recently insisted the 30-year-old would be staying at Real

He told Sky Sports News: ‘At the moment he will be playing football this evening for Real Madrid and he has another two-and-a-half years of his contract and he is fine.

‘He will be there and everything will be fine.

‘He is one of the best players on Earth, why would one of the best players on Earth go somewhere on loan? That is ridiculous.

‘Loans are ridiculous and not many clubs can actually afford him anyway. He is happy, he will play at Real Madrid and hopefully he will win another couple of things with them.’

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