Sources close to Bale insist he has NOT asked for a transfer OR agreed terms with Real - contrary to several reports this week from the Spanish giants.
But Starsport has also learned that Spurs are so determined to keep him they have even issued a written hands-off warning to Madrid refusing to negotiate under any circumstances.
A club insider said last night: "We've made our position clear. It won't change. We have no interest in entertaining bids."
Tottenham boss Andre Villas-Boas is furious with Real's behaviour and grew increasingly irritated as he fielded more questions about Bale's future in Hong Kong yesterday.
Villas-Boas said: "On Gareth, I want to repeat what I was telling you last season and what I was telling you from the beginning of pre-season so I cannot extend myself. He's a Tottenham player, we are counting on him for the future."