Gareth Bale’s net worth as he takes £27.5m pay cut to join LAFC from Real Madrid

Gareth Bale has agreed to a huge pay cut following his Real Madrid departure having put pen to paper with Los Angeles FC – but his financial situation is stronger than ever.

The 32-year-old Wales talisman was looking for a place to stay on top of his game physically having fired his country into the World Cup for the first time since 1958, and had offers from Spain and Italy among other locations.

One factor that didn't prove to be a stumbling block in his move to the United States was wage demands, with Bale now earning £1.3million across his one-year deal, down from £28m last season.

READ MORE: Incredible MLS combined XI as Gareth Bale joins two Italy legends and Man Utd hero

The Athletic reports that Bale's wages could sky rocket should an 18-month option be triggered that would make him a designated player, which allows MLS sides to offer up premium deals.

That would see his net worth climb at a much higher rate than it will be for the next 12 months, with CelebrityNetWorth currently estimating Bale's funds to be around £117million.

Having earned a fortune from his nine years as a player at Real Madrid, Bale recently collaborated in the opening of golf-themed bar Par 59.

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LAFC co-president John Thorrington said this week that he hopes for Bale to be registered as a player quickly, with Bale set to move to LA with his young family.

"We don't have a firm date," Thorrington confirmed.

"Our transfer window opens in early July when we can register [players]. We still have to go through paperwork, hopefully a week or the next 10 days to take care of that, to welcome him and his family to LA, get up to speed."

Bale's move comes after Italy icon Giorgio Chiellini joined the club, with Thorrington explaining how they managed to secure both this week.

He said: "We presented to them what we feel is a unique opportunity for them at a stage of their career to do something different.

"But we want to win and we want winners, and we have a guy who's won five Champions Leagues and a guy who's won the World Cup [Chiellini].

"We have two great players who will continue to do great things in the next phase of their career here. We see them being great influences on the guys we already have here."


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