logo
Gareth Bale: Former Tottenham and Real Madrid winger set to front Plymouth Argyle takeover

Gareth Bale: Former Tottenham and Real Madrid winger set to front Plymouth Argyle takeover

Yahoo5 hours ago

Gareth Bale is set to be the face of a potential takeover of League One side Plymouth Argyle.
The former Wales international, who spent much of his career with Real Madrid and Tottenham, retired from football in 2023 as a five-time Champions League winner.
Advertisement
Having dabbled in punditry since hanging up his boots, he could now be set for a full-time return to the game.
The Telegraph reports that he has joined up with a US-based private equity group which is in talks to purchase a controlling stake in the Pilgrims.
Plymouth, who were relegated from the Championship at the end of last season, are reportedly searching for new investment as they look to revitalise the club.
Current chairman Simon Hallett, who became a majority shareholder in 2018, is leading that search, and saw a deal to sell a large stake fall through last month.
Speaking at the time, he said: 'Negotiations have taken too long and the key information that both we and the EFL required to complete the deal has not been forthcoming. I no longer believe that news of the new investor is imminent."
Advertisement
The new investment group would become the latest in a long line of Americans taking over British clubs should their deal go through. Premier League sides Chelsea, Bournemouth, Liverpool, and Crystal Palace are all under whole or partial American control, while actors Rob McElhenny and Ryan Reynolds famously took over Wrexham in 2021.
Bale briefly played in the MLS, ending his career with 12 appearances for LAFC, though The Telegraph's report says it is not clear how he became involved in the bid.
The news follows the April announcement that Real Madrid and Croatia legend Luka Modric would become a minority owner of Swansea City. The 39-year-old will make his final appearances for Los Blancos at the Club World Cup this summer, with AC Milan keen to sign him on a free transfer following the tournament.
Bale retired with 111 international caps and is the most successful Welsh footballer of all time.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

MyPillow CEO Mike Lindell liable for defamation, must pay $2.3M
MyPillow CEO Mike Lindell liable for defamation, must pay $2.3M

Axios

time10 minutes ago

  • Axios

MyPillow CEO Mike Lindell liable for defamation, must pay $2.3M

A federal jury in Denver on Monday found MyPillow CEO Mike Lindell liable for defamation over statements he made about a former employee of Denver-based Dominion Voting Systems, according to local reports. Why it matters: Lindell is one of the nation's most prominent election conspiracy theorists, and the trial challenged him to present hard evidence about alleged 2020 election rigging, which he failed to do. By the numbers: The jury ordered Lindell to pay $2.3 million to former Dominion Voting Systems executive Eric Coomer, finding Lindell engaged in a civil conspiracy with the company to disseminate false information about election fraud, 9News reports. Lindell will personally owe Coomer $440,500 in damages, while his company, the online platform formerly called FrankSpeech, must pay $1.9 million in damages. State of play: Coomer worked as director of product strategy and security for Dominion and sought $62.7 million in damages, per CPR News. His lawsuit alleged the MyPillow CEO used his media platforms to amplify false claims, including calling Coomer a "traitor," per the AP. Zoom out: Lindell has been in court previously for pushing false claims about 2020 election fraud. Notably, Dominion Voting Systems filed a $1.3 billion lawsuit against Lindell in 2021. Last year, a federal judge ordered him to pay a man the $5 million reward he promised at a "Prove Mike Wrong Challenge" about the 2020 election. In 2022, a federal judge sanctioned him for what the judge called "frivolous" claims against Smartmatic Corp. What they're saying: Lindell's team contended that his statements were protected speech.

Growing supermarket chain makes bold move amid tariffs
Growing supermarket chain makes bold move amid tariffs

Miami Herald

time17 minutes ago

  • Miami Herald

Growing supermarket chain makes bold move amid tariffs

If given the choice between grabbing dinner at a local restaurant or having to grocery shop and cook at home, many people would choose the former. There's something to be said for walking into a restaurant, ordering something on a whim, and not having to deal with any of the prep work or cleanup. Don't miss the move: Subscribe to TheStreet's free daily newsletter But there's a reason why so many people are spending more money at the supermarket these days, and less money dining out. Related: Costco brings back huge perk members have missed Inflation has remained annoyingly elevated since the start of the year. And while prices aren't rising at as rapid a pace as they were a few years ago, a lot of people are still struggling to cover their costs. It's hard to justify spending $40 on a restaurant entree when you could head to your local grocery store and spend the same amount on three nights of dinner for your entire family. So even if you're someone whose preference is not to cook, you may not have a choice. Not only are consumers today dealing with the impact of inflation, but they're also grappling with the uncertainty around tariffs. It's unclear what will come of the tariff situation once the current pause expires. But the fear is that essential goods are going to become a lot more expensive. Related: Costco won't raise prices on key commodity despite tariffs That's bad news for consumers and retailers alike. If consumers are forced to cut their spending, we could see an uptick in retail store closures and bankruptcies. And if retailers see the cost of procuring inventory increase, they're going to have no choice but to pass at least some of the expense along to cash-strapped consumers. Recently, Walmart issued a stern warning on tariffs and said that it may not be able to absorb incoming cost increases on its own without raising prices. If a giant like Walmart is forced to charge more for groceries and other goods, smaller retailers may be especially prone to increases. At a time when so many retailers are making plans to raise prices, Aldi is doing the opposite. The popular discount grocery chain announced this month that it plans to cut prices on nearly 25% of its inventory through Labor Day. Almost all of the discounted items are part of Aldi's assortment of private labels, which constitute the bulk of its inventory. The goal is to offer consumers ongoing relief at a time when most retailers are raising prices, or gearing up to do so. Related: Walmart makes key move to help 'older' Americans "This isn't a one-week sale," said Aldi COO Scott Patton. "We want our customers to come in week after week and have the same price and not have it go up and down all the time." Even though most of Aldi's discounted products will be private-label items, around 6% of the store's planned price reductions will apply to national brands. Aldi is on a mission to expand its U.S. footprint, with an ambitious goal of opening 800 new stores by the end of 2028. In 2025 alone, Aldi has opened 55 stores so far and has plans to debut another 75 this summer. It's Aldi's reliance on private-label products that's making it possible for the store to offer discounts during these uncertain times. Because the chain has such strong relationships with its suppliers, it's able to more easily negotiate prices. More retail: Walmart CEO sounds alarm on a big problem for customersTarget makes a change that might scare Walmart, CostcoTop investor takes firm stance on troubled retail brandWalmart and Costco making major change affecting all customers Aldi can then pass those savings on to consumers. And at a time like this, that's crucial. Related: Walmart makes surprise cuts as it looks at tariff price hikes The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store