The Wales international has largely been sidelined since the return of Zinedine Zidane as manager.
A move to China was on the cards last summer only for Los Blancos to pull the plug on the deal in the last minute.
Since then, Bale has made just 20 appearances - and just two since football restarted after lockdown.
Zidane even claimed the 31-year-old did not want to play against Manchester City in the Champions League.
But Bale has insisted that he just wants to be on the pitch.
"If those options arise (interest from Premier League clubs) it is something I'd look at for sure," he added.
"We'll see what happens, we have plenty of time in this transfer window and a couple of others as well.
"Time will tell but mainly I think the reason is that the decision is in Real Madrid's hands.
"I tried to leave last year but they blocked everything at the last second.
"It was a project I was excited for but it didn't materialise.
"There have been other instances where we have tried to go but the club won't allow it or they've done something. It's down to the club.
"I want to play football, I am still motivated to play football, so I guess it's on the club.
"They are in control of everything. I have a contract, all I can do is carry on what I am doing and hopefully something comes up.
"I am only 31 still but I feel I am in great shape still and feel like I have a lot to give. We will see what happens. It's in the club's hands but they make things very difficult to be honest."
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Bale is currently with Wales as they prepare to face Finland and Bulgaria in the Nations League.
He added: "I think everyone knows how much I love coming away with Wales.
"It's nice to be back at a place where you are a little bit more appreciated and supported by your fans no matter what."