Gareth Bale has signed a new five-year contract with Real Madrid, which will see him remain at the club till 2021.
According to Spanish newspaper La Marca, Bale’s new contract will contain a significant increase in his wages, taking his annual earnings to 10 million euros net. It means the Welshman will be on par with club captain Sergio Ramos, and just behind Cristiano Ronaldo as the highest earners at the club.
The paper further reports that Ronaldo will also be signing a contract renewal at the club, with an announcement regarding his extension due in September.
Los Blancos were keen to tie Bale down to a new deal after his impressive performances for Wales at Euro 2016. He also scored 19 goals in 23 games for Madrid in La Liga last season.
He also got Real’s new La Liga campaign off to the perfect start, as he scored just one minute into their 3-0 win against Real Sociedad, in which he went on to score another goal.
Martin Odegaard will also be staying at the Bernabeu till 20201. The club see him as one for the future and are keen to keep him with them. However, they are likely to send the youngster out on loan to get some crucial first-team minutes under his belt.