Daniel Levy Has Played the Gareth Bale Situation Perfectly at Spurs

Frank Wagner@Fw1812Correspondent IAugust 8, 2013

STOKE, UNITED KINGDOM - OCTOBER 19: Tottenham Chairman Daniel Levy (L) and Damien Comolli (R), the Tottenham sporting director look on during the Barclays Premier League match between Stoke City and Tottenham Hotspur at the Brittania Stadium on October 19, 2008 in Stoke, England.  (Photo by Clive Rose/Getty Images)
Clive Rose/Getty Images

From the very start of this summer transfer window, the biggest story throughout the footballing world has been Gareth Bale's status at Tottenham.

Thanks to his play over the past year, Bale has established himself as one of the hottest commodities in recent memory.

The Welshman hit new heights this past season, scoring wondrous goals while almost single-handedly carrying Spurs en route to the PFA Player of the Year award.

With his career just blossoming as he hits 24 years of age, Bale has obviously drawn huge interest from many of the top clubs around the world.

The club that has shown the greatest interest, thus far, has been Real Madrid, as the Spanish giant has reportedly made several offers for the Welshman, according to David Kent of The Daily Mail.

Given the incredible sums of money being tossed around as possible offers, it is easy to see a scenario in which Spurs are forced to sell their top asset.

Further, as the winger faces a third consecutive season without Champions League football at Tottenham, one can see some incentive for Bale to leave White Hart Lane.

However, with just over a week until the season begins and the transfer window closing September 2, Bale is still under contract at Tottenham.

So what have Spurs done to hold onto their prized asset?

Well, it seems as though club chairman Daniel Levy has taken the same approach to this situation that he took in his dealings with Real Madrid last summer in the Luka Modric transfer saga.

Despite some intense pressure from Madrid, a few more-than-adequate offers and some reported dissent from the player, per Rik Sharma of The Daily Mail, Levy has held firm as he holds out for the best possible price.

The chairman has drawn some criticism for that approach, especially given that the offers he has reportedly received have been for a new world record.

However, the manner in which the chairman has handled the matter has been near perfect for the club.

With Real Madrid's pursuit of Bale bordering on stalking at this point, there are few reasons to accept an offer with so much of the transfer window still remaining.

After all, it is unlikely that the Spaniards will suddenly give up their pursuit or decide to downgrade their offer after a rejection.

Pushing the price up as much as possible, just as Levy did in the case of Luka Modric, is the best path for Spurs.

Given the nature of the North London club's transfer activity over the past few years, they can get the bulk of the profits reinvested on deadline day anyway.

Let's just hope that, if there is some sort of deal in the offing, the potential of it will not adversely affect the start of Tottenham's season.