Luis Suarez
Eager to leave Liverpool, striker Luis Suarez will have to wait a little longer as Real Madrid finalizes their deal for Gareth Bale. Reuters

With three weeks remaining before the transfer window closes, Real Madrid and new boss Carlo Ancelotti remain steadfast in their pursuit of Welshman Gareth Bale.

Several reports have the Spanish titans offering Tottenham Hotspur a record-breaking £86 million transfer fee for Bale, based off a report from The Guardian. It is important to note that same report indicated Madrid president Florentino Perez’s uncertainty regarding such an expensive fee, but at this late stage he might just be negotiating through the media to drop White Hart Lane’s valuation.

Tottenham president Daniel Levy is reportedly holding out for as much as £100 million and striker Alvaro Morata, a deal capable of making even Perez and free-spending Madrid take a step back. The 20-year-old Morata has spent his entire youth career in Spain, moving up to Madrid's B-squad in 2010. He's made 14 appearances and scored two goals with the first team since 2011, but has made more of a mark with Spain's national youth teams, totaling 20 goals in 26 caps.

At 24, Bale considerably increased his market value by breaking out with 21 Premier League goals during Tottenham’s last campaign. The winger is reportedly very interested in a stay at the Bernabeu, and the Independent reported that Bale’s side insists a deal will be completed by Tuesday.

As if adding Bale weren’t enough, Madrid is reportedly hoping to also bring on Liverpool striker Luis Suarez. Los Blancos will have to battle Arsenal and Tottenham for the player responsible for 23 goals last season, and 119 goals since 2007 when he played for Dutch powerhouse Ajax.

The Daily Star reported last week that Madrid would offer as much as £40 million for Suarez, who very badly wants out of London. While the Reds would rather not part with Suarez, his suspension for biting Chelsea’s Branislav Ivanovic and the nasty incident with Manchester United’s Patrice Evra have made the 26-year-old Uruguayan one of the most polarizing players in the sport.

Still Liverpool is reportedly holding on to their £55 million valuation of Suarez, which means deep-pocketed Madrid will have to scrounge for some extra funds.

Most of that exorbitant fee should come from the £35 million sale of Gonzalo Higuain to Napoli, but another £25 million is up for grabs for Croatian midfielder Luka Modric.

United are reportedly interested in Modric after their talks for Barcelona’s Cesc Fabregas fell through. The Guardian reported on Friday that Madrid will ask for at least £25 million, given the £33 million they paid last summer to pry Modric away from Tottenham. After one year, Modric has failed to carve out a more regular assignment in Madrid’s crowded midfield, totaling four goals and four assists in 46 appearances in all competitions. It's unclear if he would welcome a move back to the EPL so quickly, but it could translate into more time on the pitch.