Cristiano Ronaldo
Cristiano Ronaldo will reportedly meet with Manchester United officials next week to discuss a possible return. Reuters

As the gears for the summer transfer session continue to grind, Real Madrid are still tinkering with their offers for impressive Tottenham attacker Gareth Bale, but in the process may lose Portuguese star Cristiano Ronaldo.

According to a recent report from the Daily Mirror, Madrid made a formal bid to Tottenham for Bale that included a transfer fee and a number of players including Argentine midfielder Angel Di Maria.

Still Tottenham reportedly turned down the Bernabeu’s latest overtures. Over the past few months, reports suggest Madrid have considered a transfer fee as high as £85 million for Bale.

Di Maria alone is worth roughly £30 million and he is under contract until 2018. At 25 years of age he could be a worthy substitute for Bale. Di Maria has scored 35 goals in all competitions since joining Madrid from Benefica in 2010.

However Madrid has been so transfixed on Bale, they might have allowed Ronaldo to slip off to his old club Manchester United. According to the Daily Star, United will reportedly meet with Ronaldo next week at Old Trafford and discuss his return to the club that he helped win three Premier League and one Champions League title.

New United boss David Moyes and club officials are willing to spend over £60 million for Ronaldo, and even offer him a £250,000-a week salary and endorsement deals with Chevrolet and Nike.

That same report from the Star states United could also get in the way of Madrid’s pursuit of Bale if they can’t land Ronaldo. United are willing to offer Tottenham £80 million for Bale, who reportedly may not want to extend his stay at White Hart Lane.

Madrid officials may also be in hot water with another Premier League club.

Two days ago Spanish newspaper Marca published a report that claimed Madrid had come to terms with Liverpool striker Luis Suarez without so much as a transfer request, according to the Daily Telegraph. The Reds are reportedly furious, and even if the report of Suarez’s switch is true, they expect at least £40 million for him.

Suarez recently represented his native Uruguay against Brazil in the Confederations Cup earlier this week. Uruguay fell 2-1 to Brazil, but during the tournament Suarez netted three goals, including two scores in Uruguay’s 8-0 rout of Tahiti.

The 26-year-old has spent the last two years with Liverpool, making 77 appearances and totaling 38 goals.