22/08/2013 09:51 BST | Updated 22/08/2013 10:06 BST

Gareth Bale Transfer To Real Madrid On Verge Of Completion

Tottenham Hotspur's Welsh midfielder Gareth Bale celebrates scoring the winning goal during the English Premier League football match between Tottenham Hotspur and Sunderland at White Hart Lane in north London on May 19, 2013. Tottenham won the match 1-0. AFP PHOTO / IAN KINGTON RESTRICTED TO EDITORIAL USE. No use with unauthorized audio, video, data, fixture lists, club/league logos or ?live? services. Online in-match use limited to 45 images, no video emulation. No use in betting, games or s

Gareth Bale's £93 million world record transfer to Real Madrid will be announced on Friday.

Tottenham technical director Franco Baldini was in Madrid on Thursday for talks with Real officials over the sale of the PFA Player of the Year.

Real, who have made no secret of their desire to sign Bale this summer, will set the world record transfer fee for a fifth time this century.

gareth bale

Bale celebrates his last Spurs goal against Sunderland

Bale will follow Luis Figo, Zinedine Zidane, Káka and current record holder Cristiano Ronaldo when he signs for the nine-time European champions.

A meeting between Spurs chairman Daniel Levy and his opposite number Florentino Pérez in Miami earlier this month ended without agreement and for a while it seemed a realistic possibility Bale could stay.

But while negotiations stalled, Tottenham took their spending up to £60m this summer with the arrival of Roberto Soldado from Valencia.

Real Madrid record transfers

Levy has also sanctioned moves for Anzhi Makhachkala forward Willian, in London to finalise the transfer, and Roma playmaker Erik Lamela.

Bale has not travelled with Spurs for their Europa League qualifier against Dinamo Tbilisi due to a foot injury.