Gareth Bale has launched a new sports investment fund with American private equity firm Juggernaut Capital, with plans to invest in teams and leagues in both men's and women's sports.

What happened?

The former Real Madrid and Wales star, who retired from playing in January 2023, has reiterated his desire to buy a football club.

Bale was frustrated last summer when Bluebirds owner Vincent Tan rejected an offer from the investment group Bale was working with to take control of Cardiff City.

Why it matters for Gareth Bale

Bale told US media organisation Front Office Sports, "It's about being patient, finding the right club, and the right path for us to take."

That doesn't mean Cardiff is off the table, but Bale will look around, considering other options.

What comes next?

Cardiff chairman Mehmet Dalman responded to Bale's interest, but the details of their conversation are not publicly known.

Bale's new sports fund plans to invest in various sports teams and leagues, with a focus on men's and women's football.

The fund's investment strategy will be led by Juggernaut Capital, with Bale playing a key role in the decision-making process.

Bale's desire to buy a football club is driven by his passion for the sport and his desire to stay involved in the game.

He has been exploring options for several months, and the launch of his new sports fund is a significant step forward.

The potential investment in Cardiff City is a key part of Bale's plans, but he is also considering other options.

Bale's experience as a player, including his time at Real Madrid and with the Wales national team, will be valuable in his new role as a sports investor.

He will be working closely with Juggernaut Capital to identify investment opportunities and build a successful sports portfolio.

The launch of Bale's new sports fund is an exciting development for football fans, and it will be interesting to see how his investment strategy unfolds.

Bale's commitment to the sport is clear, and his new venture is a testament to his dedication and passion for football.