The chances of seeing Welsh wizard Gareth Bale back in the Premier League any time soon have diminished after Real Madrid president Florentino Perez said he would be staying at the Bernabeu.

The former Spurs flyer has struggled to win over the Real faithful since joining them from Tottenham in a record-breaking transfer.

He has come in for some heavy criticism from the fans and media despite scoring in the Champions League final win against Atletico Madrid last season.

Real are priced at 5.00 to repeat last year’s success and become the first club to retain the top European trophy in its current format.

Bale’s struggles have led to suggestions he could return to the Premier League in the summer, with Chelsea, Manchester United and Manchester City all being linked.

However, Perez has told any interested parties they will be wasting their time making a bid as Bale remains firmly in Real’s plans going forward.

“We would never listen to any offers for Bale no matter what the bid was,” Perez said.

“He is a unique player who has already given so much to the team. He is the key to the club’s future, just like I cannot imagine a future without Cristiano Ronaldo.”

Real Madrid are currently four points adrift of arch-rivals Barcelona in La Liga after their El Clasico defeat prior to the international break and they are in the quarter-finals of the Champions League where they face cross-city rivals and last season’s beaten finalists, Atletico.