An American-backed consortium – fronted by former Actual Madrid ahead Gareth Bale – have held talks with Plymouth Argyle over a potential takeover.
As first reported by The Telegraph, the consortium consists of a US personal fairness group, together with members of the Storch household, with Bale getting used because the face of it.
It’s understood that preliminary discussions have taken place between the consortium and Arygle hierarchy, however haven’t gone any additional at this stage.
Plymouth chairman Simon Hallett has been looking for recent funding within the membership this yr.
In March, Hallett agreed a deal in precept to promote a stake within the membership to new traders, however it fell by means of in Could.
Plymouth had been relegated to League One final month after two seasons within the second tier, with a final-day residence defeat to Leeds sealing their destiny.
Sky Sports activities Information has contacted Plymouth and Bale’s representatives for additional remark.
Takeover talks come amid Cleverley appointment
Ex-Watford boss Tom Cleverely is the brand new Plymouth head coach
Final Friday, Plymouth appointed former Watford boss Tom Cleverley as their new head coach.
The 35-year-old, sacked by Watford in Could, has signed a three-year contract to succeed Miron Muslic, who left Dwelling Park final month to take cost of German membership Schalke.
Cleverley is Argyle’s fifth everlasting boss since December 2023.
Hallett mentioned: “Ever since Miron’s departure, and knowing Tom was available, we identified him straight away as the perfect person to be our next head coach and targeted him immediately.
“Once we spoke to him he was fully aligned with the imaginative and prescient and ambitions of the membership and it was clear all through that Tom was the proper match for us.
“He is fully invested in our long-term plans and will play a key role in helping us achieve them.”
Former Manchester United, Everton and Watford midfielder Cleverley guided the Hornets to a 14th-placed end within the Championship final season, his first full marketing campaign in cost.
He had changed Valerien Ismael, initially as caretaker-boss, in March 2024.
