The Premier League is considered as one of the wealthiest leagues around and the takeover of Newcastle by the Saudi Arabian Public Investment Funds has proven it yet again. After a year and a half long drama that started in April 2020, the deal finally went through. Ashley the previous and most controversial owner of the club sold it for a jaw-dropping figure of 300 million to the consortium fronted by Amanda Staveley. With the takeover now completed, the Magpies now stands right at top of the tally of clubs with the richest owners, leaving behind Manchester City’s Sheikh Mansour. Now, this being the hottest buzz of the week, several people must be thinking about how does the tally looks after this takeover. Along with that, they would also want to know that who are the top richest club owners of England. Therefore this article is dedicated to the top 10 wealthiest club owners in the Premier League.
10. Aiyawatt Srivaddhanaprabha: Leicester City (£ 2.9bn)
The 36-year-old Aiyawatt is a Thai businessman. He’s the son of late Vichai Srivaddhanaprabha, who died in a helicopter accident. From him, he inherited the post of the CEO and Chairman of King Power alongside Leicester City F.C. besides that, he also owns Oh Leuven (a Belgian football club).
9. Joshua Harris: Crystal Palace (£ 3.6bn)
Harris is the co-founder of one of the world’s largest Investment Firms, Apollo Global Management. Apart from that, he’s also a private equity investor and a philanthropist. He owns 18% of the shares of Crystal Palace and is the owner of the club in general partnership with Steve Parish, David S. Blitzer, and John Textor. Harris is also the principal owner and managing partner of the New Jersey Devils team from the National Hockey league, and Philadelphia 76ers of the NBA.
8. The Glazers: Manchester United (£ 3.5 bn)
The American family has been around long enough to be called a household name in English Football. It was Malcolm Grazer who bought out United gradually between the period of 2003-2005. After his demise in 2014, his sons are joint owners of the team, with Joel Glazer holding the majority of the stakes. They also own the Tampa Bay Buccaneers team of NFL. The Glazers are also known for being the founder of First Allies Corporation, an American real-estate holding company.
7. Joe Lewis: Tottenham (£ 3.6 bn)
Joe Lewis is the majority stakes owner of the English national investment Corporation that bought Tottenham’s 85.55% shares from Alan Sugar in the year 2001. Lewis has also some investments in Tavistock Group, which further owns more than 200 companies ranging from Energy companies to sports teams.
6. Guo Guangchang: Wolves (£ 4.5 bn)
Guo is a Chinese businessman and investor, who has been listed in the Forbes list of richest people of China. According to the 2019 edition, he was ranked as the 50th richest person in the country. Guo bought out the English club in 2016, and since then has made some great investment on the team. Guo is also the owner of Fosun Group and a part of China’s people’s Political Conservative Conference.
5. Nassef Sawiris: Aston Villa (£ 5.3 bn)
Sawiris is the youngest son of the Egyptian Billionaire Onsi Sawiris. He is the CEO of Orascom Construction Industries and the owner of Aston Villa football club. He bought out the 55% stakes of the club in 2018 to replace Tony Xia as the owner. As of 2021, Sawiris was the richest Arab and the second richest African.
4. Stan Kroenke: Arsenal (£ 6.35 bn)
Kroenke is an American Billionaire who owns Kroenke Sports & Entertainment company, which also owns the English Club Arsenal. He became involved with the club in 2007 and took over the same completely by 2016. Apart from Arsenal he also owns LA Rams in NFL, Denver Nuggets of NBA, Colorado Rapids of MLS, Colorado Avalanche of NHL, the Los Angeles Gladiators of Overwatch League, and newly formed Los Angeles Guerillas of the Call of Duty league.
3. Roman Abramovic: Chelsea (£ 9.6 bn)
Abramovic is a Russian-Israeli billionaire and politician. He is also the primary owner of a private investment company named Milhouse LLC, he’s best known for his ownership of Chelsea Football Club. He acquired the club in 2003 in £ 140m and since then has made a great investment to strengthen the club.
2. Shaikh Mansour: Manchester City (£ 22.9 bn)
Shaikh Mansoor is much more than just the owner of Manchester City, which he took over in 2008. He is also the Deputy Prime Minister of UAE and chairman of the International Petroleum Investment Company. Although, it is since his acquisition that the club’s dynamics have changed completely. Not only were they able to compete with their city rivals but also managed to win 5 out of the last 10 leagues titles.
1. Saudi Public Investment Fund: Newcastle United (£ 320 bn)
With an estimated net worth of £ 320 bn, the SPINF. The crown prince of Saudi Arabia Mohammad Bin Salman has backed the consortium. He holds the second most important position in the country after the position of the king. Apart from that, he’s also the Minister of Defense and Deputy Prime Minister.