Tottenham boss André Villas-Boas has revealed there are ongoing talks with Gareth Bale's agent regarding a new contract for the Wales international as they attempt to fend off interest from Real Madrid.
Bale has been heavily linked with a move to the Bernabeu this summer with reports in Spain earlier this week suggesting the player has already agreed terms on a six-year deal.
But, speaking at the Barclays Asia Trophy in Hong Kong, Villas-Boas was optimistic the 24-year-old, who is currently contracted until 2016, will extend his stay at White Hart Lane.
Bale has signed a contract in all but one year since he joined Spurs in 2007
The Portuguese said: "There was contact between the club and his agent last year and there is ongoing contact between the club and his agent.
"We renewed his contract at the beginning of last season, if you remember, and it's something that is being dealt with by the chairman and the agent.
"Talks are ongoing but that doesn't mean there is an agreement. At the moment we're confident that the player is under contract at Tottenham, as was done last year.
"It's something that we're speaking about, but there aren't any developments."
Villas-Boas also reiterated his admiration for Valencia striker Roberto Soldado despite Spurs' director of football Franco Baldini failing to agree a fee with the Primera Division club for the Spain international on a recent visit to Spain.
The former Chelsea and Porto boss said: "There is interest in the player, no matter what happened in the last couple of days.
"He is a quality player, he has done well at Valencia for the last few seasons.
"He has had a good education from the Real Madrid school and he is a player which we are interested in adding."
Soldado joined Valencia from Getafe in 2010 and scored 24 goals for Los Che in the Primera Division last season.