Gareth Bale is now set to become the most expensive player in football history after Tottenham accepted a $134 million transfer fee from Real Madrid for the Wales star, ending an entire summer of speculation.

Early indications suggest that Bale will be signed to a 6-year contract worth $15 million per year.

Bale will be introduced to Real Madrid fans at Bernabeu Stadium on Tuesday, August 26th.

UPDATE 12:20 EST - Bale's move to Madrid is not in stone. Tottenham are taking other offers into consideration as well.