Gareth Bale Leads Bid for Cardiff City
Gareth Bale Leads Bid for Cardiff City

Gareth Bale Leads Bid for Cardiff City

News summary

Gareth Bale, the retired Welsh football star, is leading a consortium backed by US investors that has submitted a formal £40 million bid to purchase Cardiff City, a club recently relegated to League One. Bale has expressed a personal ambition to own Cardiff and return the club to the Premier League. Current owner Vincent Tan, who has invested over £200 million since 2010, considers the bid too low and has already rejected previous approaches from Bale's group. While Tan is open to selling, he is unlikely to accept the current offer in its present form. Negotiations are ongoing, but a deal remains far from certain as both sides weigh their options. Bale's effort reflects a broader trend of former footballers, inspired by David Beckham and Gerard Piqué, moving into club ownership.

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Last Updated
9 days ago
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