Ancelotti’s comments which are understood to have been made in a meeting with Pérez at the end of the club’s US tour follow Cristiano Ronaldo’s refusal to publicly endorse the signing last week and a change in public opinion in Madrid.
Real's position could prompt Manchester United to formalise their interest in Bale - who has been ruled out of Wales’ friendly international with Republic of Ireland despite training with Chris Coleman’s squad on Monday morning - following the Old Trafford club’s failure to prise Ronaldo from the Bernabéu.

United manager David Moyes admires Bale but the club remain wary of making a formal offer because of concerns over Tottenham’s willingness to sell to them and the lack of encouragement from the Welshman’s camp that he would consider a move to Old Trafford.

When Real Madrid president Pérez who denies meeting Daniel Levy in Florida last week in an attempt to reach an agreement over Bale set off with his players on the club’s pre-season tour two weeks ago the pressure was on him to sign a superstar to counter Barcelona’s capture of Neymar. But with Real having won six of their seven summer friendlies the pressure has eased.

Supporters have questioned the wisdom of paying anything more than €70million (£60million) for Bale; players have questioned the need for another expensive acquisition; and now Ancelotti has said his piece.