Bale, 30, had been expected to join Chinese Super League club Jiangsu Suning on a three-year deal, earning a reported £1m a week. Last week Real boss Zinedine Zidane said Bale was “very close to leaving”having fallen out of favour.
Bale joined the Spanish club for £85m from Tottenham in 2013 in a world record deal at the time. He has three years left on his contract with the Bernabeu club where he has won four Champions Leagues, one La Liga title, a Copa del Rey, three Uefa Super Cups and three Club World Cups.
Bale scored three goals, plus a penalty in a shootout, in four Champions League finals for Real as they won the competition in 2014, 2016, 2017 and 2018. However, injury problems have limited him to 79 La Liga starts in the past four seasons.
He played 42 matches for Real Madrid last season but was booed by the home supporters at times during the campaign. It has been reported Real blocked Bale’s move as they are demanding a transfer fee for the player. Real have also had their attacking options depleted with winger Marco Asensio set to miss the majority of the 2019-20 season after rupturing his knee ligaments.
Zidane’s return as Real boss in March was described as “bad news” by the forward’s agent, Jonathan Barnett, because the Frenchman did not want to work with Bale and the two men disagreed on playing style.However, Real president Florentino Perez has often defended the Welshman. Bale has reportedly been nicknamed ‘The Golfer’ by his Real team-mates, and goalkeeper Thibaut Courtois said Bale did not attend a team meal because he did not want to miss his bed time.