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The Barcelona boss has slammed La Liga rivals Real Madrid over their plans to shell out over £86 million for the Wales international in a time of economic crisis

Barcelona coach Gerardo Martino has hit out at Real Madrid over the reported £86 million transfer fee they are set to pay Tottenham for Gareth Bale.

The Santiago Bernabeu side are expected to complete the signing of the Welshman for a world-record fee imminently and Martino feels shelling out such a large amount of money in times of economic crisis is disrespectful.

"How I feel about Madrid signing Bale for about €100m [£86m]? He is an excellent player, but the fee that's being mentioned shows a lack of respect for the world we live in," Martino said at a press conference.

Madrid already hold the record for most expensive transfer with the £80m they paid Manchester United for Cristiano Ronaldo in 2009, but Bale is likely to cost the Liga giants far in excess of that figure following Spurs insistence to only sell for an astronomical fee.

The Bernabeu side have yet to finalise the signing of the 24-year-old Bale, but a transfer seems to be a matter of time as they have already prepared a special balcony on which to parade their new signing once the deal becomes official.

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