GARETH BALE has accepted a £27MILLION annual pay cut to move to Hollywood.
The Wales legend raked in £28.8m at Real Madrid last year but his new deal at Los Angeles FC means he will earn no more than £1.3m in wages during his agreed 12-month contract.
The deal also includes an 18-month option that would increase his salary and make him a designated player if triggered next summer, according to multiple sources at The Athletic.
Their article points out that Bale’s earnings at Los Blancos last season were ‘more than double LAFC’s entire payroll’.
Bale’s agent Jonathan Barnett says there were “four or five serious offers” for him.
His hometown club Cardiff along with MLS-side DC United were also interested in signing the five-time Champions League winner.
But in the end the 32-year-old winger decided to join legendary Italy and Juventus centre-half Giorgio Chiellini, 37, in moving to the LA-based club this summer.
Bale joined Real in 2013 from Spurs for a then world record fee of £85.3m.
But he was out of contract this month and keen to find regular football before leading Wales out at the World Cup in Qatar this winter.
LAFC co-president and general manager John Thorrington told the Athletic: “I can’t offer Gareth European Champions League football, the trophy he lifted for the fifth time, or the economic package a Champions League club or Premier League club can offer.
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“What we can offer a player like him is a unique opportunity to come and do something different.”
Steve Cherundolo’s LAFC currently top the MLS Western Conference table at just past the midway point of their season.