According to reports, in a major decision, former Real Madrid and Wales star Gareth Bale is poised to purchase the English football team Plymouth Argyle. Bale is allegedly leading an American-backed consortium and has already spoken with the team about a potential takeover.

The consortium is owned by a US private equity firm with members of the Storch family, according to a The Telegraph report.

In addition, it's no secret that Simon Hallett, the chairman of Plymouth, has been searching for new investment in the team. In March, he also reached a tentative agreement to sell a portion of the club to new investors. However, that agreement collapsed in May, and Plymouth was also relegated to League One last month after spending two seasons in the second level. They were relegated when they were defeated by Leeds at home on their last day.

At the age of 33, Bale declared his retirement from football in January 2023. He was an important player in the 2016, 2020 Euros, and 2022 World Cup.

This development also follows Plymouth's appointment of Tom Cleverly as their head coach. Hallett stated regarding Cleverley's appointment, "We pinpointed him immediately as the ideal candidate to be our next head coach ever since Miron's departure, and we knew Tom was available."

"It was obvious from our conversation that Tom was the perfect match for us, as he was fully in line with the club's goals and aspirations."

"He's completely committed to our long-term goals and will be instrumental in helping us accomplish them," he continued.

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