The consortium funded by Saudi Arabia’s takeover of Newcastle United caused a global uproar, know the list of the richest football club owners in the world
The Saudi Arabia Public Investment Fund acquired the club, making it the richest club in the world. With new ownership comes new money, and new investment attracts top players by shelling out enormous transfer fees and salaries.
Full List Of Top 10 Richest Football Club Owners In The World
The recent trend has attracted the Ultra-Rich to join football.
For more than ten years, very powerful businessmen have influenced European club football by purchasing the top teams all around the continent. Being able to spend astronomical transfer fees is now required if you want to sign the top players in the world.
After being acquired by foreign owners, teams like Manchester City and Paris Saint-Germain have experienced a new lease on life. The clubs were able to get the top players in the world and started to rule their domestic leagues. Large investments allow teams to invest staggering sums of money to set themselves up for success in football competitions.
Similarly, one of the more well-liked club owners in England was Roman Abramovich. His estimated net worth is $10.5 billion. However, the UK government’s sanctions against the former owner of Chelsea last season compelled him to sell the team.
Now FSG has put Liverpool for sale.
Fenway Sports Group, which has owned Liverpool for the previous 12 years, is reportedly open to selling the franchise. George Gillett and Tom Hicks sold the Reds to FSG in 2010 for ยฃ300 million. The club has now regained its position at the pinnacle of English football by winning both the Premier League and the Champions League.
When compared to their rivals, they are often criticised for what is considered as a perceived lack of transfer market investment. Due to the Premier League season’s rough start, this complaint has recently come up again.
Liverpool’s valuation is currently estimated by Forbes magazine to be around ยฃ3.6 billion. FSG’s investment would have increased in value by 1,100% if it had sold at that price. A notable outcome. But FSG estimates that the club is worth more than ยฃ4 billion because it is one of the most well-known teams in world sport.
The top 10 owners of football clubs in the world right now are listed below.
Following the acquisition, below is a list of the 10 wealthiest football club owners, with FSG nowhere near the top 10:
- Guo Guangchang – Wolves (ยฃ5.2bn)
- Zhang Jindong – Inter Milan (ยฃ6.2bn)
- Stan Kroenke – Arsenal (ยฃ6.8bn)
- Philip Anschutz – LA Galaxy (ยฃ8.1bn)
- Todd Boehly – Chelsea (ยฃ11.5bn)
- Andrea Agnelli – Juventus (ยฃ14bn)
- Dietrich Mateschitz – RB Leipzig and RB Salzburg (ยฃ15.7bn)
- Sheikh Mansour – Manchester City (ยฃ21bn)
- Qatar Investment Authority – PSG (ยฃ220bn)
- Saudi Arabia Public Investment Fund – Newcastle (ยฃ320bn)