A Gareth Bale-led consortium continues to remain interested in buying Welsh giants Cardiff City from current owner Vincent Tan, who is under pressure to sell the club due to their struggles in League One. Bale and his partners saw their initial bid worth £40 million ($54m) knocked back by Tan, although the group later came back with a new and improved offer.
Gareth Bale has taken a significant step toward owning the club he supported as a child by leading a consortium that has formally submitted a £40 million ($54.5m) bid to purchase Cardiff City. Despite the emotional and symbolic value of such a move, the offer is facing stiff resistance from the club’s current owner, Malaysian businessman Vincent Tan.