The summer transfer window has now begun, with rumours and speculation continuing to swirl as Tottenham Hotspur eye possible reinforcements.
Spurs were among the biggest spenders during the January transfer window but are expected to be active again in the summer as Jose Mourinho continues to mould his squad.
Here, Sports Mole rounds up the latest news on possible comings and goings at the Tottenham Hotspur Stadium.
Friday morning's Tottenham Hotspur transfer talk news roundup:
Bale, who has won two La Liga titles and four Champions Leagues, has fallen out of favour with current Madrid boss Zinedine Zidane and recently requested to not be included in Madrid's Champions League squad that travelled to face Manchester City as he did not expect to play at the Etihad Stadium.
A return to Spurs for the Welshman has been suggested previously, however the 31-year-old's reported salary of around £600,000 a week seems to make any deal a non-starter, although Townsend feels that North London is where Bale wants to be.
"I think if anything the Bale situation, he'd want to go back to Spurs. The memories of Spurs. His happiness," Townsend told talkSPORT.
"He was the main man. He was loved. He was at the top of his game. So, if anything I think it would work the other way.
"He would be like 'I wish I was at Spurs now and had the freedom to do whatever I want. To express myself and not worry about where I am now where I get scrutinised for playing golf.'"
Bale has only featured 20 times for Madrid in all competitions this campaign, scoring just three goals and providing two assists.
Tottenham Hotspur midfielder Harry Winks has reportedly emerged as a potential transfer target for Manchester City.
Winks has spent his entire professional career at the North London outfit, making 96 starts and 47 substitute appearances in all competitions.
However, despite penning a five-year contract in 2019, the 24-year-old finds his place up for grabs due to the arrival of Pierre-Emile Hojbjerg.
According to The Sun, City boss Pep Guardiola is keen to take advantage of the situation by handing the England international a fresh start in the North-West.
The report claims that the Spaniard is happy to give the green light to a £40m offer, which is unlikely to be turned down by Spurs in the current climate.
Jose Mourinho has allegedly accepted that he will have to make player sales in order to raise transfer funds for new signings.
More transfer news from Tottenham Hotspur:
Manchester United, Spurs given chance to revive Paulo Dybala interest?
Juventus are reportedly ready to consider parting ways with Paulo Dybala, who has previously interested Manchester United and Tottenham Hotspur. Read more.
Newly-promoted trio Leeds, West Brom and Fulham 'join race to sign Ryan Fraser'
Newly-promoted trio Leeds United, West Bromwich Albion and Fulham all reportedly join the race to sign free agent Ryan Fraser. Read more.