Nevertheless, a new era has started for the Magpies and Newcastle will be keen to regain their former glory under the Saudi ownership. As a Russian oligarch, Abramovich came under increased government scrutiny following Russia's invasion of Ukraine and he ultimately decided on March 2 to put Chelsea up for sale with the best interest of the club in mind. They're owned by the Pat Bowlen trust, managed by John Elway, and coached by Vic Fangio. Rather it was the Agnelli family that got the ownership back in 1923 through Giovanni Agnelli, founder of Fiat. How he made his fortune: Ashley opened his first sports gear shop in 1982 using a $12,000 loan from his family. Ryan Reynolds and Rob McElhenney bought Wrexham AFC for 2million, completing the takeover on February 9 2021. But aside from the vast amount of money Mansour inherited, he also owns stakes in Virgin Galactic and Sky News Arabia, and is the owner of a number of soccer clubs across the world, including Melbourne City, New York City, and of course Manchester City. The crown prince is part of the country's royal family which is worth up to 1.1 trillion according to Business Insider. Hopp, who is reported to have invested nearly 400 million into Hoffenheim, is heavily criticised by football fans in Germany, but was notably to the fore in the searchfor a coronavirus vaccine in 2020. In addition, the club collected 18 major trophies during his ownership, including two Champions League titles. Presided by Nasser al-Khelaifi, Paris Saint-Germain is owned by the Qatar Investment Authority, a sovereign wealth fund of the country. The club has been owned by Russian businessman Roman Abramovich since the summer of 2003. Mansour bin Zayed Al Nahyan, also known as Sheikh Mansour, is best known in a football context for his ownership of Premier League club Manchester City, but he also owns a number of other clubs through the City Football Group. Arsenal are just one of the many global sports teams owned by American Stan Kroenke, including the LA Galaxy Rams, Denver Nuggets and Colorado Rapids. Roman Abramovich was one of the more popular club owners in England. Kritika Kumari - October 10, 2021. William Clay Ford became a minority owner of the Detroit Lions in 1961; he soon . Al-Khelaifi was a very talented tennis player when he was young, having participated in two ATP Tour events. Jindong is worth around 6.2bn. A founding member of Major League Soccer, Philip Anschutz owns the popular team LA Galaxy, but in the pastalso owned a number of other franchises in the league, including MetroStars, Chicago Fire and others. The Ultimate Trivia Battle! The foreign investment will increase chances of success because the club did not have the finances to compete before. He became a shareholder in May 2007, and became the majority shareholder of Arsenal Football Club in April 2011. After the announcement, the new owners told fans about their feelings after acquiring the club and briefly explained their plans for the future of Chelsea. Those sanctions were imposed just a few days after Abramovich decided to put the team up for sale in the wake of Russia's invasion of Ukraine. Boehly, a 48-year-old American businessman, is worth around $4.5 billion, according toForbes. Al-Khelaifiis also the chairman of the beIN Media group, which broadcasts a variety of sports, and he was the mastermind behind the world record 222 million (198m/$263m) transferof Neymar from Barcelona to PSG. Net Worth 2022 - $19.2 billion. The sovereign wealth fund that holds a majority stake in Newcastle was valued at around 315bn by Sky Sports when the takeover was confirmed. Others include Mumbai City in India, Belgian side Lommel SKand the Uruguayan team Montevideo City Torque. Chelsea confirmed that the $3.1 billion would be "deposited into a frozen U.K. bank account with the intention of donating 100 percent to charitable causes as confirmed by Roman Abramovich.". It is the longest uninterrupted ownership of a sports franchise in the world. The richest football club owner is worth billions of dollars. The Agnelli family, the owners of. Tamin, who was the head of the sovereign wealth fund, entrusted his long-time friend Al-Khelaifi with several senior jobs through the years in his companies. How he made his fortune: A scion of the wealthiest family in Egypt, Sawiris assumed the position of CEO at his father's construction company, Orascom Construction, in 1998. Sheikh Mansour is the majority owner of Manchester City F.C., which is owned by the parent organization City Football Group. Richard Forrester; . Farook Kadodia Net Worth (Maritzburg United) - $ 4.7 Million. He owns some 60 million square feet of real estate, more than 1.5 million acres of ranches across the U.S. and Canada, and is married to . According to Forbes, Franois Pinault is a French billionaire businessman, architect of the luxury group Kering and the investment firm Artmis. (February 2013) Serie A. 13) Liverpool - John W. Henry - 2.1billion. After the PIF paid 320 million pounds for the acquisition of the English club, it became the world's richest football club owner. In May 2010, Andrea was appointed by his cousin as the chairman of the Juventus board and became the fourth member of the family to run the club. Value: $3.35 Billion . The Premier League currently has 12 billionaire club owners including The Glazer Family, Roman Abramovich, and Stan Kroenke. Elite-level football is a lucrative business, with billions in revenue sloshing around clubs thanks to broadcasting contracts and corporate sponsorship deals. The 55-year-old has made friends in high places during his career, most well-known for his friendships with former Russian president Boris Yeltsin and current president Vladimir Putin, though his camp has denied the connections to Putin in the past. Statement from the Board of Directors of Chelsea Football Club Limited. Dietrich Mateschitz is an Austrian billionaire businessman. The lowdown on Paul Suen and TTA", "The owners of every Championship club & how they make their cash", "NEWS: Doug King completes full purchase of Coventry City, alongside company name change", "Huddersfield Town former owner Phil Hodgkinson named in world sport rich list", "Norwich set to appoint Milwaukee Brewers owner to board", "Deal agreed for Preston North End takeover", "Trevor Hemmings' Northern Trust returns to profit", "Chinese takeover of Reading completed-GB", "The richest owners in the EFL as clubs cope with coronavirus", "Stewart pumps in 30m to promotion hopefuls Rotherham", "Prince Abdullah 'significant control' update of Sheffield United", "Sheffield United: 'I'm not in Manchester City's money league' admits Blades co-owner as High Court hearing continues", "Who is Kyril Louis-Dreyfus? He also presides as the Chairman of the Emirates Nuclear Energy Corporation, Abu Dhabi Commercial Bank and Emirates Global Aluminium. Hailing from the Eastern Chinese province of Zhejiang, Guangchang has been the chairman of the company since 1994. Mateschitz really became fond of the drink and as such, he reached out to the Thai company's founders. US Private Jet Owners Owner: Tim Sukazi; Net Worth: N/A; Year Founded: 2005; Stadium: . The Blues spent upwards of 250 million ($287 million) on a host of new arrivals, including defenders Wesley Fofana and Marc Cucurella from Leicester City and Brighton respectively and forwards Raheem Sterling (from Chelsea) and Pierre-Emerick Aubameyang (from Barcelona). Kroenke owns the club through his company Kroenke Sports & Entertainment. How he made his fortune: Lewis' initial wealth came from the hospitality industry in the late 1970s and early 1980s, before he made a fortune on the foreign exchange market alongside George Soros. Football Team Name: Atlanta Falcons. Arsenal Owner - $8.2 billion. His lack of investment in the club has seen them fail to compete at the top of the Premier League in recent years. The 81-year-old billionaire was one of the founding members of the MLS and owned a whole range of clubs. Red Bull co-founder Dietrich Mateschitz on RB Leipzig and Red Bull Salzburg drawing each other in the Europa League group stage: Nasser Al-Khelaifi's reaction to PSG being in the same group as Man City . Bin Salman is estimated to have a personal fortune of around $17.6 billion. The three-party consortium in the takeover includes the Saudi Arabia Public Investment Fund (PIF), venture capital and private equity company PCP Capital Partners and RB Sports and Media. Net Worth 2022 - $48.5 billion. Record signing:Kepa Arrizabalaga $87.1 million (Athletic Bilbao, 2018). Net Worth 2022 $25 billion. If you can't see this embed, clickhereto watch the video! The third on the list is Kaizer Motaung of Kaizer Chiefs, with a $60 million . In the list of the richest owners in the Premier League, Boehly and his consortium is ranked third, they are way off second placed Manchester City owner, Sheikh Mansour, who has a reported net worth of 22.9 billion. Andrea Agnelli did not buy Juventus. How he made his fortune: Trained as a chartered accountant at University College London, Moshiri and his business partner, Alisher Usmanov, hold shares in mining and steel manufacturing giant Metalloinvest, and Russian wireless operator Megafon. On this week's edition of TFP,Harry SymeouhostsGrizz Khan,Scott SaundersandHunter Godsonto preview the weekend's Premier League action, including Man Utd's trip to Anfield to face Liverpool. They turned their attention to investing in sports and brought Wolverhampton Wanderers from previous owner Steve Morgan in 2016 for around 45 million. Parish has a net worth of 50million, Harris has a net worth of 2.44billion, and Blitzer has a net worth of 1billion. The PIF boasts assets worth a staggering 320 billion, with stakes in companies ranging from Softbank to Boeing, Facebook and Uber. Consortium led by Todd Boehly and Clearlake Capital completes acquisition of Chelsea Football Club. Boehly, a 48-year-old American businessman, is worth around $4.5 billion, according to Forbes. Shauwn Mkhize Net Worth is R90 Million. Here we take a look at the 10 richest football club owners with the highest net worth. Abramovich made a fortune in 1990s, initially trading timber, food products and even plastic ducks, but his biggest revenue came in petrochemicals and oil trading. His net worth is close to 10.5bn. He took it to the world, but it wasn't until 1997 when it was launched in the United States that the brand grew on a large scale. Since Malcolm's death in 2014, his sons Avram and Joel Glazer have stepped up as co-chairmen. "As the new ownership group reaches 100 days sincetaking over the Club, and as it continues its hard work to take the club forward, the new owners believe it is the right time to make this transition," the statement read. According to Forbes in 2019, Abramovich's net worth was approximately $12.9 billion, making him the 11th richest person in Russia. Guo Guangchang is the 45th richest person in China, according to Hurun Reports 2019 China Rich List. With the successful completion of the takeover, Newcastle United have become one of the richest football clubs in the world. Zhang Jindong, 58, is the founder and majority stakeholder of retailer Suning and purchased a majority stake in the Italian giants through his own private holding company in June 2016. The wealthiest sports club owner is Steve Ballmer, who owns The Los Angeles Clippers. Club Owner(s) Estimated combined net worth Source of wealth Arsenal (more information) Stan Kroenke: $12.9B: Commercial property Kroenke Sports & Entertainment Walmart: . ", "49ers Enterprises increases Leeds United ownership stake to 37%", "Cellino cede il 50% del Leeds all'Aser Group di Andrea Radrizzani", "The Championship's richest owners ranked", "FSG get major boost as Liverpool owners on course to break 10bn barrier", "CFG Announces US$500 Million Strategic Investment by Silver Lake", "Who is Man City owner Sheikh Mansour and what's his net worth? The businessman behind Stockport County and Vita Group", https://en.wikipedia.org/w/index.php?title=List_of_owners_of_English_football_clubs&oldid=1141365806, Online Gambling, Property, Land Development & Investments, Flex-N-Gate Corp (automobile parts manufacturer), Renhe Commercial Holdings Company Limited, This page was last edited on 24 February 2023, at 18:18. But the former Chelsea owner was forced to sell the blues following the sanctions placed on him by the UK government last season. STOP asking me these questions. He is heavily involved in U.S. sports, most notably as part-owner of Major League Baseball team LA . Although, Mansour's family - which is one of six ruling families in Abu Dhabi - is thought to be worth up to 1 trillion, equivalent to the riches boasted by his Saudi Arabian counterparts. Dietrich Mateschitz, Red Bull Salzburg and NY Red Bulls. Under the guidance of the Public Investment Fund, Newcastle United has been able to attract top-tier talent from around the world, including high-profile managers and players. Record signing: Wesley $27.2 million (Club Brugge, 2019). As well as the money involved, success in football brings with it prestige and it is also a veryreliable way to elicit good will from the public at large. Record signing: Virgil van Dijk $92.2 million (Southampton, 2017). Grandfather Charles Bidwill, a Chicago attorney, purchased the franchise in 1939. The remaining shares are held by PCP Capital Partners and RB Sports . The Welsh side, who happen to be the third oldest football club in the world, were thrusted into the limelight after Hollywood . Said to be worth around 338 billion, it was designed . And the trustees were not necessarily willing to take on that responsibility. One can only wonder if Keggy would love that. The club's daily operations are entrusted to the trusted Lieutenant Khaldoon Al Mubarak. The most successful club in the English Premier League, Manchester United, has an owner with a net worth of 3.5 billion. Combined they are worth an astonishing $90.8 billion, according to Forbes . The Newcastle takeover comes aftera long fight between Premier League, Amnesty International and other NGOs over allowingthe Saudi Arabian backed consortium to take over the club. Your login session has expired. Franois Pinault is the richest football club owner in the world in 2022 today, with a net worth of $48.5 billion. Currently, Nassef Sawiria is estimated to be having a net worth of about $8.72 billion in 2022. So, if we follow the British government's lead (always a dangerous precedent) and accept this fuzzy distinction, here's how the mind-boggling wealth of each clubs' owners compares. The co-owner Sachin Tendulkar after whom the team is named has a net worth of around 170 million USD. Their success led the club to have a net worth of approximately $3.25 Billion. Arsenal. Copyright 2023 Sporting News Holdings Limited. He was appointed as Chairman of the board of directors of Juventus in 2010 and is worth 14bn himself. The clubs first move was to by the best players in the . Following the acquisition of NewcastleUnited by the Saudi Arabian Public Investment Fund, the club now tops the list of richest owners in the world. The Top 40 of the World's Richest Yacht Owners 2023. Abramovich gained his wealth through various investments and is known for his ability to buy and sell both businesses and various assets for profit. They also managed to sign Lionel Messi on a free transfer during the summer. Net Worth 2022- $25 billion. They currently play their home games at Empower . The RichestInfo is one of the fastest-growing self-development websites in the world; with articles and stories covering everything from billionaires, net values, richest lists, and more. The richest owner of a Premier League football club is Sheikh Mansour, who owns Manchester City and is worth approximately $22.9 billion or just over 17.4 billion. The Magpies' new owners promise to transform the team with the purported deepest pockets in all of world football. In 2008, he was appointed as the chairman of the Qatar Tennis Federation. Nasser Al-Khelafi is Chairman and CEO of Paris Saint-Germain and also the chairman of QSI. The Bidwill family has owned the Cardinals since 1932, and Forbes estimates the franchise amount for this year to be $2.15 billion. Nottingham Forest Evangelos Marinakis (505m), 15. He did however spend 150 million on transfers this summer, making Arsenal the highest spenders during the window. The state-owned fund has assets of around 320bn, making them the richest owners of a football club. Chelsea was a monstrous $2 billion in debt to Abramovich, according to a report byFront Office Sports, though Abramovich did not seek to collect. In the biggest takeoverin football history, Premier League club Newcastle United has changed owners, bringing an endto an18-month long saga over the deal. In the late 1990s, Kroenke ventured into sports when he bought his first franchise, the Denver Nuggets, and he now owns the NHL's Colorado Avalanche, Colorado Rapids soccer team, and LA Rams, amongst others. Sheikh Mansour has been the majority owner of Manchester City since 2008. How he made his fortune: Abramovich made most of his money in the oil and metals industry, with the Russian selling his 73% stake in Sifnet to oil giant Gazprom for $13 billion in 2005. and the Arsenal Football Club in England.