Real Madrid president Florentino Perez feels his side didn't over spend to sign Gareth Bale from Tottenham.
Madrid spent a world record of €100 million to attract Bale away from the Premier League, Perez still believes they got the The 24-year-old star cheap.
He told Cadena SER, "Bale came to Madrid relatively cheap,".
"Signing the best players out there is Madrid's philosophy and Bale was the best available player this summer. We had been following him for two years.
