Bale forms new sports fund with club investment eyed

Gareth Bale launched a new sports investment fund on May 15, 2024, with the potential to invest in football clubs. Bale did not rule out a future bid to acquire Championship side Cardiff City, his hometown club. The fund, named "Bale's 11", aims to leverage Bale's experience and network within the sports industry to identify and support promising ventures. While specific investment targets were not detailed, the fund's formation signals Bale's continued engagement with the business side of sports beyond his playing career. Bale retired from professional football in January 2023 after a decorated career that included multiple Champions League titles with Real Madrid and representing Wales at the Euros and World Cup. His previous interest in club ownership was evident when he was part of a consortium that explored a bid for League Two club Port Vale in 2022, though that deal did not materialize. The establishment of "Bale's 11" suggests a strategic pivot towards sports entrepreneurship and investment.
Original source — read the full reporting at the publisher:
Read on BBC Sport