Updated " LATEST ON THE GARETH BALE CONSORTIUM BID "

A 40m bid would indicate that the debt would fall to the new owners.

It’s a fair bid if that’s the case.

I just hope that Tan doesn’t hold out looking for more.

Do we know how much of our debt is to Tan?

Agree 40 million for his 98% shares with the 100 million debt still there to service.

I will be very, very shocked if anyone offers near £100m for the football club.

The club is financially insolvent without Tan filling in the gaps every season from his waste. It loses money every season, because the agents dream of a board overpay for almost all transfers, whether salary or fee. Bale and his pals are here to make money, first and foremost. The £40-50m offer gives them plenty of wiggle room to invest without too much risk. Anything north of £70m means risk outweighs benefit. I can’t see them moving forward at that value.

It’s why Tan is unlikely to leave. He’s dug himself a hole and nobody will be dull enough to pay him back the money he’s thrown away with part time running and a terrible recruitment strategy. Until he accepts he’s going to have to take a 50% loss on the debt he’s piled up, through his own ineptitude, he’ll have to keep throwing money in. The club won’t be worth £150m next season when he has to plow another 15-20m in to balance the loss of revenue this year. Nor £160-170m the year after. Only promotion will return some increased value.

He either takes the £40-50m and writes the rest off as a loss, or he keeps putting in £15-20m a year through various funds and sponsorship and hopes to get lucky on getting to the prem. The latter seems far more realistic .. we’re essentially screwed until he passes away and the family want rid.

Your totally forgetting the valuation of the stadium in any of your posts, it was valued over 80 million by an independent company in the latest set of accounts its a non matchday revenue stream and could make a lot of more if used correctly,anyone who thinks the club will go with the stadium & debt free for 40 million is deluded . .

I’m not going to go over the stadium again. It’s a paper asset. It might be independently valued at £85m for insurance purposes, but it’s not worth £85m in a sale price. If you put a £100k pool in your back garden, you’ll insurer it for 100k, but it isn’t adding 100k to your house value.

£40m sounds feasible.

It was £85 Million yesterday

I think the 85m is true from a very reliable source, times article is wrong and out of date .

Are you serious about the £85m?

Gareth Bale 'tables £40m offer to buy Cardiff City' - but faces stumbling block - after Wales legend expressed desire to acquire his hometown club
By Daily Mail’s Lewis Browning

Bale has made clear his want to buy Cardiff - and Vincent Tan is willing to sell

The 35-year-old retired from playing two years ago following a stellar career

A consortium led by Gareth Bale has submitted a £40million bid to buy Welsh side Cardiff City, according to a report.

Bale has been in the market to buy a club, having been linked with a move to try and take over Plymouth Argyle - but that will not materialise.

Current Cardiff owner Vincent Tan has expressed his desire to sell the club, and is open to selling to Bale. According to The Times, a bid has now been submitted, with Bale backed by US investors.

The Wales legend spoke publicly for the first time about his bid to take over the League One club — as part of a consortium — at the European premiere of F1: The Movie in London at the end of June.

Bale, 35, retired from football two years ago after a stellar career in which he won five Champions Leagues with Real Madrid and 111 caps for his country. Now, he is ready to go into ownership.

It is thought, however, that the bid will be rejected - though could well be completed soon.

'We are interested in getting Cardiff,' Bale said last month. 'It's my home club, it's where I grew up and my uncle [Chris Pike] used to play for them. To be involved with an ownership group would be a dream come true.

'It's a club close to my heart. It's where I grew up and I would love to be able to be a part of growing Cardiff and taking it to the Premier League where it belongs.

'I know how amazing the Welsh fans and Cardiff fans are. It would be amazing to try and do something together.'

'We are trying to engage with Cardiff and more news will come out on that in the future but hopefully we can get something done.'

A bid has already been rejected and the latest offer of £40m is set to be too - though both parties are open to a deal being agreed.

Bale's interest in Cardiff comes just two months after his former Real Madrid and Tottenham team-mate Luka Modric was announced as a co-owner of Welsh rivals Swansea.

Cardiff are in League One for the first time in 20 years following their relegation last season.

Divisive owner Tan, who became the majority owner in 2010 and has invested more than £200m into the club, reiterated his desire to stick around at the start of the year.

Tan, who resides in Malaysia, wrote a statement on the club's website after relegation for the first time since their promotion to the Premier League in 2018.

'We hear your words and I share your hurt and frustration,' he wrote. 'Not all decisions when it comes to the First Team have worked as I had hoped for us.

'To lose our place in the Championship is upsetting. The important thing is that we regain it at the earliest opportunity and I would like to take this chance to tell you that I am committed to getting us back.'

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I will be very, very shocked if anyone offers near £100m for the football club.

The club is financially insolvent without Tan filling in the gaps every season from his waste. It loses money every season, because the agents dream of a board overpay for almost all transfers, whether salary or fee. Bale and his pals are here to make money, first and foremost. The £40-50m offer gives them plenty of wiggle room to invest without too much risk. Anything north of £70m means risk outweighs benefit. I can’t see them moving forward at that value.

It’s why Tan is unlikely to leave. He’s dug himself a hole and nobody will be dull enough to pay him back the money he’s thrown away with part time running and a terrible recruitment strategy. Until he accepts he’s going to have to take a 50% loss on the debt he’s piled up, through his own ineptitude, he’ll have to keep throwing money in. The club won’t be worth £150m next season when he has to plow another 15-20m in to balance the loss of revenue this year. Nor £160-170m the year after. Only promotion will return some increased value.

He either takes the £40-50m and writes the rest off as a loss, or he keeps putting in £15-20m a year through various funds and sponsorship and hopes to get lucky on getting to the prem. The latter seems far more realistic .. we’re essentially screwed until he passes away and the family want rid.

Your totally forgetting the valuation of the stadium in any of your posts, it was valued over 80 million by an independent company in the latest set of accounts its a non matchday revenue stream and could make a lot of more if used correctly,anyone who thinks the club will go with the stadium & debt free for 40 million is deluded . .

I’m not going to go over the stadium again. It’s a paper asset. It might be independently valued at £85m for insurance purposes, but it’s not worth £85m in a sale price. If you put a £100k pool in your back garden, you’ll insurer it for 100k, but it isn’t adding 100k to your house value.

Sorry you are wrong its not paper asset ffs its independently value, you try building a stadiumof our calibre for 30-40 million these days .the fact is its an asset

£40m sounds feasible.

It was £85 Million yesterday

I think the 85m is true from a very reliable source, times article is wrong and out of date .

Are you serious about the £85m?

If it’s £85m … to me that can only be a clean slate. Tan, Dalman, the lot cleared out. Else you’ve already maxed out value before you start. Bale and the group are trying to take advantage of our position to get a cheap deal, £85m is the value of a top end championship side pushing promotion. We aren’t that

£40m sounds feasible.

It was £85 Million yesterday

I think the 85m is true from a very reliable source, times article is wrong and out of date .

Are you serious about the £85m?

100% daya got it from the same person as me and the source is 100% reliable from the horses mouth so to speak .

£40m sounds feasible.

It was £85 Million yesterday

I think the 85m is true from a very reliable source, times article is wrong and out of date .

Are you serious about the £85m?

If it’s £85m … to me that can only be a clean slate. Tan, Dalman, the lot cleared out. Else you’ve already maxed out value before you start. Bale and the group are trying to take advantage of our position to get a cheap deal, £85m is the value of a top end championship side pushing promotion. We aren’t that

It was a clean slate bid but Tan wants 130m , totally fresh no debt, full stadium ownership and the new owners will have a fresh start apparently.

I will be very, very shocked if anyone offers near £100m for the football club.

The club is financially insolvent without Tan filling in the gaps every season from his waste. It loses money every season, because the agents dream of a board overpay for almost all transfers, whether salary or fee. Bale and his pals are here to make money, first and foremost. The £40-50m offer gives them plenty of wiggle room to invest without too much risk. Anything north of £70m means risk outweighs benefit. I can’t see them moving forward at that value.

It’s why Tan is unlikely to leave. He’s dug himself a hole and nobody will be dull enough to pay him back the money he’s thrown away with part time running and a terrible recruitment strategy. Until he accepts he’s going to have to take a 50% loss on the debt he’s piled up, through his own ineptitude, he’ll have to keep throwing money in. The club won’t be worth £150m next season when he has to plow another 15-20m in to balance the loss of revenue this year. Nor £160-170m the year after. Only promotion will return some increased value.

He either takes the £40-50m and writes the rest off as a loss, or he keeps putting in £15-20m a year through various funds and sponsorship and hopes to get lucky on getting to the prem. The latter seems far more realistic .. we’re essentially screwed until he passes away and the family want rid.

Your totally forgetting the valuation of the stadium in any of your posts, it was valued over 80 million by an independent company in the latest set of accounts its a non matchday revenue stream and could make a lot of more if used correctly,anyone who thinks the club will go with the stadium & debt free for 40 million is deluded . .

I’m not going to go over the stadium again. It’s a paper asset. It might be independently valued at £85m for insurance purposes, but it’s not worth £85m in a sale price. If you put a £100k pool in your back garden, you’ll insurer it for 100k, but it isn’t adding 100k to your house value.

Sorry you are wrong its not paper asset ffs its independently value, you try building a stadiumof our calibre for 30-40 million these days .the fact is its an asset

Yes, an independent value for insurance purposes. If you had to rebuild it, it would likely cost £85m. Hence its valuation so the club can sort it. But in terms of value in the sale of a club, it’s largely irrelevant. It makes you more attractive if you have a good one, but it also has significant overheads. By your logic no club in London would be sold for less than probably £40m on land value alone. You and I both know that’s not the case.

I will be very, very shocked if anyone offers near £100m for the football club.

The club is financially insolvent without Tan filling in the gaps every season from his waste. It loses money every season, because the agents dream of a board overpay for almost all transfers, whether salary or fee. Bale and his pals are here to make money, first and foremost. The £40-50m offer gives them plenty of wiggle room to invest without too much risk. Anything north of £70m means risk outweighs benefit. I can’t see them moving forward at that value.

It’s why Tan is unlikely to leave. He’s dug himself a hole and nobody will be dull enough to pay him back the money he’s thrown away with part time running and a terrible recruitment strategy. Until he accepts he’s going to have to take a 50% loss on the debt he’s piled up, through his own ineptitude, he’ll have to keep throwing money in. The club won’t be worth £150m next season when he has to plow another 15-20m in to balance the loss of revenue this year. Nor £160-170m the year after. Only promotion will return some increased value.

He either takes the £40-50m and writes the rest off as a loss, or he keeps putting in £15-20m a year through various funds and sponsorship and hopes to get lucky on getting to the prem. The latter seems far more realistic .. we’re essentially screwed until he passes away and the family want rid.

Your totally forgetting the valuation of the stadium in any of your posts, it was valued over 80 million by an independent company in the latest set of accounts its a non matchday revenue stream and could make a lot of more if used correctly,anyone who thinks the club will go with the stadium & debt free for 40 million is deluded . .

I’m not going to go over the stadium again. It’s a paper asset. It might be independently valued at £85m for insurance purposes, but it’s not worth £85m in a sale price. If you put a £100k pool in your back garden, you’ll insurer it for 100k, but it isn’t adding 100k to your house value.

Sorry you are wrong its not paper asset ffs its independently value, you try building a stadiumof our calibre for 30-40 million these days .the fact is its an asset

Yes, an independent value for insurance purposes. If you had to rebuild it, it would likely cost £85m. Hence its valuation so the club can sort it. But in terms of value in the sale of a club, it’s largely irrelevant. It makes you more attractive if you have a good one, but it also has significant overheads. By your logic no club in London would be sold for less than probably £40m on land value alone. You and I both know that’s not the case.

Leyton Orient were sold for 25 million , they don't own there ground , Cardiff debt free are easily worth 100 million with all there assets and football league share .

£40m sounds feasible.

It was £85 Million yesterday

Yeah it makes me laugh, everyone on here throwing numbers about and knowing virtually nothing about nothing!

All guesswork for what’s been offered, what Tan wants or will accept!

Comedy gold but I’m quite enjoying the nonsense.

£40m sounds feasible.

It was £85 Million yesterday

Yeah it makes me laugh, everyone on here throwing numbers about and knowing virtually nothing about nothing!

All guesswork for what’s been offered, what Tan wants or will accept!

Comedy gold but I’m quite enjoying the nonsense.

A clubs value is what ever someone is willing to pay and the seller willing to take.

Wez is bang on

At best all in would be north of 100mill.

The deal must include the stadium.

To save face for Tan
What I would do is give tan a % of non footy future revenue
And deal at 90 mill.

£40m sounds feasible.

It was £85 Million yesterday

Yeah it makes me laugh, everyone on here throwing numbers about and knowing virtually nothing about nothing!

All guesswork for what’s been offered, what Tan wants or will accept!

Comedy gold but I’m quite enjoying the nonsense.

A clubs value is what ever someone is willing to pay and the seller willing to take.

Of course it is and that’s stating the obvious.

Wez is bang on

At best all in would be north of 100mill.

The deal must include the stadium.

To save face for Tan
What I would do is give tan a % of non footy future revenue
And deal at 90 mill.

People don't realise when other clubs that were sold , the debts were still there and being serviced probably 40 million with the debts still there is right but that still values the club well over 100 million

£40m sounds feasible.

It was £85 Million yesterday

Yeah it makes me laugh, everyone on here throwing numbers about and knowing virtually nothing about nothing!

All guesswork for what’s been offered, what Tan wants or will accept!

Comedy gold but I’m quite enjoying the nonsense.

A clubs value is what ever someone is willing to pay and the seller willing to take.

Of course it is and that’s stating the obvious.

Upto a point thats true but got to take into consideration the value of the clubs assets... not going to sell for 40m because thats all someone is willing to pay....when in fact its value is 70m.... obviously a compromise is the normal end result

Let’s just agree to disagree.. next you’ll be trying to convince me the Aston Villa women’s team was worth £55m or Chelsea’s £100m plus

Let’s just agree to disagree.. next you’ll be trying to convince me the Aston Villa women’s team was worth £55m or Chelsea’s £100m plus

Mmmmm Chelsea womens team sold for £189m fairly recently..

Let’s just agree to disagree.. next you’ll be trying to convince me the Aston Villa women’s team was worth £55m or Chelsea’s £100m plus

Chelsea women's team we're sold for 198 million ,

Let’s just agree to disagree.. next you’ll be trying to convince me the Aston Villa women’s team was worth £55m or Chelsea’s £100m plus

Mmmmm Chelsea womens team sold for £189m fairly recently..

I heard it had an independent valuation so must be worth that

Let’s just agree to disagree.. next you’ll be trying to convince me the Aston Villa women’s team was worth £55m or Chelsea’s £100m plus

Mmmmm Chelsea womens team sold for £189m fairly recently..

I heard it had an independent valuation so must be worth that

An asset is worth what ever anyone is willing to pay .

Indeed, it wasn’t manipulated for the balance sheet at all. I would 100% buy Chelsea women’s or Aston Villa’s over a championship football team.

Tan is at least talking to them now to try and get a deal done.

Didn't even speak to them before because the proposal was way less than Tan wanted.

£40m sounds feasible.

It was £85 Million yesterday

Yeah it makes me laugh, everyone on here throwing numbers about and knowing virtually nothing about nothing!

All guesswork for what’s been offered, what Tan wants or will accept!

Comedy gold but I’m quite enjoying the nonsense.

Yeah I would agree with that last line 100%.

Ned is spot on