Speculation is mounting that Europe's elite are preparing to swoop for the 23-year-old after Spurs just fell short of Champions League qualification.
Tottenham manager Andre Villas-Boas says he has been told by the club that Bale will stay even though the team will be playing in the Europa League next term, although that might not stop the likes of Real Madrid bidding for the player in the close season.
Reports today suggest the Wales international is poised to sign a new contract worth up to £150,000 a week and head of football development Sherwood is certain he will stay at White Hart Lane.
"He's fantastically happy at Tottenham," he told talkSPORT.
"I see him around the training ground every day, he's got a good working relationship with the manager and he loves his team-mates. They show him the respect that he deserves and he gives it back to them.
"I don't see him banging the door down trying to get a move. I believe one million per cent he will stay at Tottenham."