Reports are emerging that a consortium including Welsh football legend Gareth Bale is preparing a bid to purchase Cardiff City. The news comes after Cardiff's recent relegation to League One, marking a significant period of change for the club.

While details remain somewhat scarce, it is understood that the consortium, spearheaded by Bale, includes a United States investment group. According to The Athletic, a letter of intent, including financial figures, was submitted to current Bluebirds owner Vincent Tan last month, but was rejected. The consortium had previously been in conversation regarding a takeover of Plymouth. Cardiff City declined to comment on Friday night.

Bale's potential involvement adds a considerable layer of intrigue to the prospective takeover. The former Real Madrid and Tottenham star, who retired from professional football in January 2023, had a glittering career, winning five Champions League titles and becoming Wales' all-time leading goalscorer with 41 goals in 111 appearances. He was briefly linked with a move to Cardiff City after his departure from Real Madrid in 2022, ultimately opting to join Los Angeles FC in MLS.

The move would see Bale follow in the footsteps of other prominent sporting figures who have invested in English Football League (EFL) clubs. Luka Modric, Bale's former Real Madrid teammate, became an investor and co-owner of Swansea City in April, while NFL quarterback Tom Brady acquired a minority stake in Birmingham City.

Cardiff City's recent relegation to League One has created an uncertain environment at the club. Following relegation, the club appointed Brian Barry-Murphy as their new manager this week. The potential acquisition by a Bale-led consortium could provide the club with the financial stability and strategic vision needed to rebuild and push for promotion back to the Championship.

For Cardiff City fans, the prospect of Bale taking a prominent role in the club's ownership is an exciting one. Bale is a national icon in Wales. His presence could attract further investment, boost the club's profile, and inspire both players and supporters.

However, questions remain about the specifics of the bid, the long-term plans of the consortium, and the willingness of Vincent Tan to relinquish control of the club. The coming weeks are likely to be crucial as negotiations unfold and further details emerge about this potentially transformative deal for Cardiff City.