Real Madrid president Florentino Perez has revealed that the Spanish giants became interested in Gareth Bale once they learned that Manchester United had made a bid.
The 24-year-old forward moved to Real from Tottenham earlier this month for a world-record 100million euros (£85.3million) after negotiations that lasted the entire summer transfer window.
Bale scored on his debut against Villarreal but missed a Primera Division game against Getafe at the weekend due to thigh injury.
However, Perez insists the club did not pay too much for Bale and told Cadena SER radio: "Bale has come cheaply.
"Signing the best players out there is Madrid's philosophy and Bale was the best available player on the market this summer. We had been following him for two years.
"Tottenham did not want to sell. We learned that Manchester United had made an offer and we made one ourselves."
Key to Bale's switch to Madrid was the fact he would be fulfilling his boyhood dream, Perez saying: "Since childho...