Venables: 'Everyone's a winner' in Gareth Bale transfer

Former Tottenham and England manager Terry Venables. Credit: Tony Marshall/EMPICS Sport

Former Tottenham and England manager Terry Venables has told ITV News that everyone is a winner in the Gareth Bale world record transfer.

He said: "It's a very good move for him, a different challenge. He’ll have to settle down quickly but it's great for him, great for Spurs - everyone's a winner."

Read: Bale 'on £300,000 a week' but not in highest paid list

Read: Bale the latest Briton to play for Real Madrid

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Gareth Bale unveiled at Madrid

Real Madrid have unveiled their record breaking signing of Welshman Gareth Bale in a ceremony at the Bernabeu.