These teams have the best coaches and managers. Manchester United Agree Terms With Chelsea Playmaker: Decent Fit For Ten Hag? 4. This is what we know so far, KAVACH could not have prevented Odisha triple train tragedy: Railway board, Odisha train tragedy: Death toll 275 not 288, some bodies counted twice, Pakistan left with 'No plan B' after IMF rejects government's loan request. Here's how the current London owners rank and how the new owners that will be inducted to the Premier League compare in net worth. PCP Capital has a strong track record in football and understands the sector, having helped broker Sheikh Mansour's acquisition of Manchester City in 2008. Newcastle United's new owners are making their mark at St James' Park after completing their long-awaited 300million takeover earlier this month. The Glazer family built a commercial real estate fortune through First Allied Corporation, which owns more than 6.7 million square feet of premium shopping centre space across the USA. Who is the richest owner in the Premier League? Today, John Henry's, 9. Amanda Staveley is a part owner of Newcastle United. The. Her company first tried to buy Newcastle for around 250m in 2017, but Ashley pulled the plug after three months with no deal in place, describing the process as "a complete waste of time". "For PIF, one of the world's most impactful investors, the acquisition is in line with its strategy of focusing on key sectors including Sports and Entertainment, and aligns with PIF's mission to actively invest over the long term - in this case, to harness the Club's potential and build upon the Club's legacy.". Shahid Khan | Fulham F.C. Sheikh Mansour bin Zayed Al Nahyan, the deputy prime minister of the United Arab Emirates, is the owner of the the Abu Dhabi United Group which acquired Manchester City. Player Ratings Did they become the richest Premier League owners in 2022? Jamie Reuben will sit as a director of the club. Juventus Well also send special newsletters when big stories break or theres a special event happening. After his demise, Avram Glazer and Joel Glazer took over as the executive co-chairpersons and directors of Manchester United. However, it appears a resolution has been made and current owner Mike Ashley will sell the club in the coming days. This is despite the closeness of the fund to the Saudi regime, which has faced criticism over its human rights record. However, the deal is now finally done following the news that Saudi Arabia plan to lift their ban on broadcaster beIN SPORTS. In each football.london bulletin, well bring you the latest breaking news, transfer features and comment pieces on your favourite club, as well as the key talking points for fans. Newcastle Uniteds new owners will be walking through the doors of St James Park after Mike Ashley sold the club - but what is their net worth, where has that wealth come from and how much of it will the club be able to spend? It read: "The Investment Group is comprised of long-term, patient investors who have every confidence in the future success of the Club. Brentfords owner, Matthew Benham, has a net worth of 3 million pounds which is the least amongst the Premier League clubs. Saudi Arabias economy is extremely dependent on its vast oil resources, but the country has plans to ease that dependency through its so-called Saudi Vision 2030.. The investor derives the bulk of his fortune from his stake in Apollo. Henry also has a stake in the Premier League soccer team, Liverpool. Chelsea. Please use Chrome browser for a more accessible video player. He said: "We look forward to a great future for Newcastle United. Todd Boehly's net worth is $5.3 billion as of 2022. Borussia Dortmund Formula One driver George Russell produced possibly the 'most British reaction ever' this weekend as he and his Mercedes struggled during qualifying for the Spanish Grand Prix. Yet, since a consortium headed by the Saudi Arabia Public Investment Fund (PIF) acquired Newcastle United in October 2021, any match against Manchester City, which was bought by the Abu Dhabi United Group in September 2008, has become wrapped up in a complex vortex of Middle Eastern politics. 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NEWCASTLE have the wealthiest owners in world football by a distance after their 300million takeover finally went through. The Saudi PIF will take an 80 per cent stake with 20 per cent split between Amanda Staveley's PCP Capital Partners and British businessmen the Reuben brothers. He is the chair and CEO of this firm which offers consultancy and finance services. their 320BILLION fortune is more than 10 times higher than Man City - and even dwarfs PSG!. You wont miss a thing youll get all the news you need right to your inbox. Incredibly, Newcastle's wealthy consortium is six times richer than the other 19 top-flight owners combined - who are worth around 50billion altogether. Steven Gerrard We are patient. Norwich- Delia Smith and Michael Wynn Jones (23 million), 16. The "boutique international private equity firm" was founded in 2005 by Yorkshire-born financier Amanda Staveley, with offices in London, Abu Dhabi and Dubai. Although there is no single Newcastle owner, the fund's chairman is His Royal Highness Mohammad bin Salman Al-Saud. Both investment vehicles are keen to distance themselves from the governments of the states closely linked to each purchase and avoid the murky world of state ownership. 5. 41. That. Friday 8 October 2021 21:02, UK Yorkshire-born financier Amanda Staveley has been the driving force behind the takeover Why you can trust Sky News Newcastle United fans have responded with delight and human rights campaigners with dismay after a Saudi-backed consortium finally completed its takeover of the Tyneside club. Bin Salman married Princess Sarah bint Mashhoor in 2008 and has four children with her. Can you even fathom that much money? Newcastle will top the charts for RICHEST owners in world football with 305m Saudi takeover done. The continent has produced some of the best players in the game's history. aston villa What are the immediate plans for Newcastle United following takeover? 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. "All parties have agreed the settlement is necessary to end the long uncertainty for fans over the club's ownership. 4. "The legal disputes concerned which entities would own and/or have the ability to control the club following the takeover. Top 20 best Muslim football players in the world right now. "You are the greatest fans in the world.". Speaking to delighted fans outside the Jesmond Dene Hotel, where the consortium members had been awaiting the announcement, Staveley said: "It has taken us four years to get here today. These teams have the best coaches and managers. PIF is an autonomous commercially-driven investment fund and we are genuinely here to try and make sure that we try and become the best custodians of the club we can be. Football clubs make money through matchday sales, sponsorships, television broadcasting rights, endorsements, player transfers, and winner's prizes. Continue with Recommended Cookies. Read More:Newcastle United Have Made Contact For This Juventus Midfielder: What Will He Add To Howes Side? Not million, billion. 1. To make sure you never miss out on your favourite NEW stories, we're happy to send you some reminders, Click 'OK' then 'Allow' to enable notifications, .css-1diosym{color:black;}@media (prefers-color-scheme:dark){.css-1diosym{color:#fff;}}Published19:11,07 October 2021 BST.css-7su1ft{color:#666666;}@media (prefers-color-scheme:dark){.css-7su1ft{color:#72B97D;}}@media (min-width:1024px){.css-7su1ft{color:#666666;}}| Last updated21:00,07 October 2021 BST. Sportsbrief.com recently published a list of the richest African footballers in 2022 and their net worths. Nassef Sawiris | Aston Villa | $6.5 billion. PIF became the majority shareholder and de facto owner of the club, with 80 percent of the shares acquired in October 2021. Read More:Arsenal Plot Move For RB Leipzig Star: Does He Have What It Takes? 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. Mohamed Salah They have invested in the best football teams in the world. Newcastle will now be worth more than Qatar-owned French club PSG. The collective wealth of the Saudi Public Investment Fund is 320 billion pounds, but Bin Salman's individual net worth is believed to be around 13 billion pounds. Sky Sports News' Keith Downie reports. That's according to a list compiled by Olbg of the richest sports club owners in the world, which. Celtic An example of data being processed may be a unique identifier stored in a cookie. Leeds United Stan Kroenke's, 2. Here we look at the groups and people behind the controversial buyout of Newcastle United. The pockets of Newcastle United might be the biggest in the league but that doesnt guarantee any success football-wise if not spent wisely. Joe Lewis', 7. Since then, this had becomea long-pending deal. Newcastle Utd Manager role in question after Saudi takeover, WWE owner Vince McMahon once wanted to buy Newcastle United: Report, Saudi-led takeover sparks wild scenes at St James' Park, Newcastle. Heres how the current London owners rank and how the new owners that will be inducted to the Premier League compare in net worth. Daniel Levy (Tottenham)- 3.98billion. He owns The Los Angeles Clippers, a professional basketball team based in Los Angeles. The amount made by Premier League owners varies depending on the team. NEWCASTLE UPON TYNE, ENGLAND - OCTOBER 30: Newcastle United fans hold a shirt with MBS on the back, as a nod to the Newcastle United owners of the club prior to the Premier League match between Newcastle United and Chelsea at St. James Park on October 30, 2021 in Newcastle upon Tyne, England. 4. Scottish Premiership Nassef Sawiris' net worth is $6.5 billion as of 2022, and he is among the top five wealthiest Africans. Leeds have benefited from investment of their own in the shape of the San Francisco 49ers, but how does the wealth of majority owner Andrea Radrizzani compare to the rest of the Premier League, as the competition braces for a potential new financial powerhouse in the shape of Newcastle United? Newcastle's new owners worth more than 10 times Man City if takeover goes through - Daily Star Newcastle's takeover bid is back on from Saudi Arabia's Public Investment Funds after a piracy row with Qatar over beIN Sports was settled and the figures are astounding dailystarLoad mobile navigation News Latest News World News Weird News Politics It has attracted a lot more business institutes, and it is the future for the beautiful game to sustain its humongous popularity. Top 23 richest NBA players in 2023 and their net worths. 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No wonder the club is being linked to managers of a high pedigree, including former Premier League winning head coach in west London Antonio Conte one of the early frontrunners to replace the doomed Steve Bruce. Reuben, of RB Sports & Media, is excited about the club's prospects following the takeover. Chelsea Want To Recruit This Brighton Midfielder: What Will He Add To Pochettinos Side? The group bought the club for about $5 billion. But he has been criticised for increasing restrictions on press freedom, particularly in the wake of the murder of journalistJamal Khashoggi inside the Saudi Consulate in Istanbul. Josh Harris has a stake in English Premier League's Crystal Palace Football Club. The 300m takeover of Newcastle United has officially been completed, with a Saudi-led consortium ending Mike Ashley's 14-year ownership of the club. Everton The group bought the club for about $5 billion. Newcastle United have confirmed the club's takeover by Yasir Al-Rumayyan and the Public Investment. "His Excellency Yasir Al-Rumayyan, Governor of PIF, will serve as Non-Executive Chairman of Newcastle United. Some African athletes of incredible talent and skill have graced the global stage in various sports. We also may change the frequency you receive our emails from us in order to keep you up to date and give you the best relevant information possible. What makes this feat all the more unbelievable is the fact that the Saudi Public Investment Fund's wealth is nearly 300 billion greater than that of Mansour, who for over a decade has been the richest owner in the top flight by some distance. The takeover has been a long time coming but just who are the new owners set to take charge of the Toon? Alan Shearer gives approval to Newcastle United's Saudi takeover, Keegan and Shearer could return to Newcastle United. Here is where the new Newcastle United owners rank in the richest football team owners list: With the Saudi Public Investment Fund taking over the Magpies, they became the richest owners in the English Premier League. To become part of this great Club and its amazing fans is a privilege. What is the highest-paid sport in the world right now? Amanda Staveley net worth After working with stocks and banks, the personal wealth of Staveley is actually rather impressive in itself. Newcastle owners have a joint net worth of over $600 billion. He bought the club in 2013. The long-awaited glimmer of hope for Newcastle United is set to spark to life after the news came out that a deal for Amanda Staveleys Saudi Arabia-based consortium is close to competition after a whirlwind of 18 months. "The Premier League has now received legally binding assurances that the Kingdom of Saudi Arabia will not control Newcastle United Football Club. It is unclear how much money the soon-to-be new owners will be able to invest directly to help fund future spending endeavours, but reports state that the club will have up to 250million available to spend on the squad and infrastructure. "We are excited about the future prospects for Newcastle United. Newcastle takeover: Where Saudi group will rank on Premier League rich list alongside Arsenal, Chelsea and Man Citys billionaire owners. Roman Abramovich (Chelsea)- 9.65billion. According to The Sunday Times Rich List in 2021, Ashley is the 61st richest person in the UK with an estimated net worth of 2.718 billion. Abu Dhabi Group / Sheikh Mansour. Such wealth will almost certainly shake up English footballs established order, but UEFAs Financial Fair Play regulations means Newcastle United wont be able to spend without restrictions, even if such rules have been relaxed somewhat in recent years. The Magpies and their supporters have gone from an owner who didnt like to spend anything, to a group who have money to burn. This means that we may include adverts from us and third parties based on our knowledge of you. Shahid Khan's net worth is $11.5 billion as of 2022. "The Premier League, Newcastle United Football Club and St James Holdings Limited have today settled the dispute over the takeover of the club by the consortium of PIF, PCP Capital Partners and RB Sports & Media," read the Premier League's statement. As a result, their owners are wealthy. This forms part of the Reuben Brothers billionaire business empire, a family-owned private equity and property firm. Chelsea are the only club to exceed such expenditure in this period but Manchester City have also invested 150m into Pep Guardiola's squad. The sale of Newcastle United to the Saudi Public Investment Fund on Thursday brought jubilant scenes from St James' Park, as Toon supporters began to dream about the club's future for the first time in a long time after Mike Ashley's 14-year ownership came to an end. However, the first step they took seems to be in the right direction as Eddie Howe is set to replace Steve Bruce in the dugout. John Henry's personal wealth of 2.6bn also pales in comparison to the new players in the Premier League. Liverpool- John Henry (2.14 billion), 11. A deal was agreed in April 2020 for Ashley. Howe is a brilliant young attacking-minded manager, and he can be the key to stabilizing the squad during this exciting new project. The richest premier league owners are worth billions of dollars. In 2021, news of the Newcastle football club takeover broke the internet. Reuben Brothers is a significant investor in Newcastle and is currently redeveloping the former Bank of England site on the city's Pilgrim Street, among other areas. | $5.3 billion, In May 2022, he teamed up with other business people and acquired Chelsea Football Club from Roman Abramovich. West Ham United- David Sullivan and David Gold (1.62 billion), 13. | $11.5 billion. He has a net worth of $30 billion as of 2022, making him one of the Premier League's richest owners. We and our partners use cookies to Store and/or access information on a device. "Following the completion of the Premier League's Owners' and Directors' Test, the club has been sold to the consortium with immediate effect. Newcastle must ensure they stay within Financial Fair Play guidelines, and also make sure the club is not left in a dangerous position if the new owners ever decide to pack up and leave. The politician and entrepreneur is a member of the ruling family of Abu Dhabi. manchester city leicester city Bundesliga Want to be on the ball with all of the latest football news? To put this into context for you, Manchester City are renowned across Europe for being filthy rich. He is the Crown Prince of Saudi Arabia - the country's second most important position after the King. Steven Gerrard Family: Eveything You Need to Know About the Young Union. 1. John Henry started building a sports empire after acquiring a fortune in the early 1980s from his trading firm J.W. The Glazer family | Manchester United | $4.7 billion, Malcolm died in May 2014 after a long illness. Manage Settings Most of them are respected business people and investors. The Saudi Public Investment Fund is a giant sovereign wealth fund. Amanda Louise Staveley was born in Yorkshire on April 11, 1973. Newcastle United won't just have the wealthiest owners in the Premier League, but in the world, if their prospective 300million takeover goes through. Summary of the richest Premier League owners. Newcastle United Have Made Contact For This Juventus Midfielder: What Will He Add To Howes Side? The Saudi Public Investment Fund is a giant sovereign wealth fund. She is said to be worth 120 million pounds and has . https://www.football.london/premier-league/newcastle-takeover-abramovich-kroenke-lewis-21787863, easyJet celebrates arrival of eighth aircraft at Belfast International | News, Real Madrid agree to RIP UP Eden Hazards contract a year early. He is a sports tycoon and businessman who owns Fulham F.C. "This is a long-term investment," new director Amanda Staveley said in an official statement on the club's website. "All parties are pleased to have concluded this process which gives certainty and clarity to Newcastle United Football Club and their fans.". How rich is Mohammed bin Salman? Bin Salman obtained the position in 2017 after a power struggle with cousin Mohammad Bin Nayef, who was initially named Crown Prince but subsequently removed from all positions. Henry & Co. However, Sheik Mansour who owns the Citizens is worth just 23.2bn in comparison to the PIF. Joe Lewis' net worth is $5 billion as of 2022. in 2022 and their net worths. Over the years, the Premier League has seen some of the great examples of a wealthy taking over the club and changing its course. Mike Ashleys 14 years of ownership came to an end as Saudi Arabias Public Investment Fund completed the takeover of Newcastle United earlier this month. Stan Kroenke is a real estate and sports investor with an impressive portfolio. Jim Ratcliffe is the chairman and chief executive officer of the Ineos chemicals group. 2. Newcastle racecourse has been hailed as "one of the jewels in the crown" of its racing business. Liverpool Striker Picks Up A Knee Injury In Win Over Arsenal: Big Blow For Klopp? Immersive Disney experience opens at 100 Kellogg Ln. Yet, since a consortium headed by the Saudi Arabia Public Investment Fund (PIF) acquired Newcastle United in October 2021, any match against Manchester City, which was bought by the Abu Dhabi. Who is the richest owner of a football club? If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. FA Cup Although there is no single Newcastle owner, the. This is the sovereign wealth fund of Saudi Arabia and one of the largest in the world. Top 10 most expensive sports trophies in the world right now, READ ALSO: The top 10 richest African footballers in 2022 and their net worth. From the latest transfer news to the agenda-setting stories, get it all in your email inbox - don't miss a thing. football club owner is Sheikh Mansour, with a net worth of $30 billion. Jamie Reuben will also be a director of the Club, representing RB Sports & Media. Barcelona Mbappe's speed: a list of 10 of the fastest sprints by Mbappe, Erling Haaland Sensationally Blocked From Trademarking His Name in Norway, Explainer: Who Man City Will Play in Community Shield After Winning EPL, FA Cup, Gundogan double secures FA Cup for Manchester City, FA Cup Final: Arsenal Legend Pinpoints Mistake Ten Hag Made, Fans Stunned As 2 Man City Stars Miss Out on FA Cup Medal, Ibrahimovic to leave Milan at season's end: club, Video: PSG Suffer Shock Loss As Messi Miss Golden Chance in Final Match for French Champions, Israel Adesanya Blasts the Judges After Kai Kara Frances Defeat at UFC Vegas 74. Jim Ratcliffe's, Amanda Staveley is a part owner of Newcastle United. There was a time, in the not-too-distant past, when the overarching storyline in matches between Newcastle United and Manchester City revolved around Kevin Keegan's relationship with each club. 10. Who is London mayoral candidate Niko Omilana? The public face of PIF has been Yasir Al-Rumayyan, who is Governor of. Top 10 most successful clubs in England in 2023: trophies and values. Southampton Understandably, this news has excited fans of The Toon across the world. Chelsea They are approximately 10 times wealthier than Manchester City who had the richest owners till the takeover, Heres a list of comparisons to get a perspective of the deal Newcastle is getting. While this is just behind the net worth of 17 billion pounds that Manchester City owner Sheikh Mansour has, Bin Salman effectively has the riches of the Saudi Arabian royal family behind him, which have a net worth of a whopping 1.3 trillion pounds. The consent submitted will only be used for data processing originating from this website. In 2021, stakeholders of the Saudi Public Investment Fund became the richest Premier League owners in 2022 after taking over Newcastle United F.C. Saudi Arabia plan to lift their ban on broadcaster beIN SPORTS. Something went wrong, please try again later. Newcastle will now be worth more than Qatar-owned French club PSG. However, after the concerns were answered by the Saudi Public Investment Fund, and at Premier League's satisfaction, the green lights to go ahead with the deal was shown. This service is provided on talkSPORT Ltd's Terms of Use in accordance with our Privacy Policy. The business magnate teamed up with Fortress Investment Group's Wes Edens to purchase the Premier League's Aston Villa F.C. Ashley has sold 100% of Newcastle, and it will be split between Amanda Staveley, Jamie Reuben and the Public Investment Fund of Saudi Arabia. Here's a look at a list of the 10 richest . Manchester City's Sheikh Mansour comes closest at 23.3 billion with Chelsea owner Roman Abramovich behind that at 9.6 billion. Liverpool In comparison, Liverpool 's owners FSG are worth just 4.8bn as estimated by Forbes. Here's her net worth explored. He bought the Boston Globe for $70 million. The PIF says on its own website that it "acts as the Kingdom's main investment arm to deliver a strategy focused on achieving attractive financial returns and long-term value for Saudi Arabia". Or by navigating to the user icon in the top right. He is the youngest of Onsi Sawiris' three sons. With the significant riches in wealth that the North East club will possess in comparison to the rest of the Premier League, Financial Fair Play will play a role in how much the Magpies can spend each year. That said, those behind the takeover have stressed they intend to compete for the club's first major honours since 1955. English Premier League This London house pays handsome homage to the American West |, Waltham Forest drug dealer who killed Jay John convicted. The former model has a. Compared to the biggies, the PIF group still stands clear. Chelsea owner Roman Abramovich's net worth is valued at 10billion, Arsenal tycoon Stan Kroenke's is just over 6billion and Aston Villa counterpart Nassef Sawiris' is at 5billion. Leeds United- Andrea Radrizzani (344 million), 14. City's current owner bought the club from Thaksin Shinawatra in 2009. Transfer News Erling Haaland Since taking over as Crown Prince, Bin Salman has launched a huge anti-corruption campaign, arresting around 500 people, closing 2,000 domestic accounts and targeting cash assets worth around 600bn. The wealthiest Premier League owners include John Henry, The Glazer family, Joe Lewis, Todd Boehly, Josh Harris, Nassef Sawiris, Shahid Khan, Stan Kroenke, Sheikh Mansour, and the Saudi Public Investment Fund. Newcastle owners have a joint net worth of over $600 billion. Real Madrid Set Their Sights On This Liverpool Forward: What Will He Bring To The Bernabeu? The 48-year-old, whose own net worth has been out in the region of 110m, has been the driving force behind the takeover and will have a seat on the Newcastle board. A Saudi Public Investment Fund is now. Whilst the jubilation of Newcastle fans is understandable, they mustn't expect success straight away. Between them, the developments promise to generate around 10,000 jobs and more than 600m in investment. On the other hand, the wealthiest company that owns a football club is the Saudi Public Investment Fund. As always you can unsubscribe at any time. The sovereign wealth fund that holds a majority stake in Newcastle was valued at around 315bn by Sky Sports when the takeover was confirmed. The personal wealth of Sheikh Mansour is estimated to be in the region of 17bn, a fraction of the sum attached to Newcastle. In fact, theres no need to imagine lets see how much theyre worth. Crystal Palace To put it simply, no owner comes close to matching the wealth of the soon-to-be Newcastle owners with it being reported by the Express that they will be 10 times richer than the current richest owner in football in the form of Sheikh Mansour (Manchester City). In August 2021, Ashley announced that he intended to step down as CEO of Frasers Group Plc in May . Created to invest funds on behalf of the countrys government, the Saudi PIF is the largest sovereign fund in the world with its current portfolio consisting of around 200 investments including stakes in Tesla, luxury beach resorts on the Red Sea and General Electric in the United States. Arsenal Plot Move For RB Leipzig Star: Does He Have What It Takes? Chelseaowner Roman Abramovich, has a net worth of 9.6 billion. Sky Sports are even reporting that the deal could even be formalised in the coming hours with an announcement due soon. Discover the richest owners in the Premier League today. The wealthiest owner in the Premier League is the Saudi Public Investment Fund, the current owner of Newcastle United. The Saudi PIF will play a major role in this with the purchase of Newcastle United another indication that the country sees sport as a future area of investment. "I know everyone has got a lot of questions about managers and players and things. la liga Karim Benzema The new owners were valued over 20 times higher than Manchester City's. Did they become the richest Premier League owners in 2022? Cristiano Ronaldo In the blink of an eye, Newcastle have just become a complete and utter juggernaut of the footballing world, in a financial sense. They are also sponsored by some of the top companies in the world. The Saudi Arabia Public Investment Fund, led by Prince Mohammed Bin Salman is worth a mind-boggling 320bn. Update On The Future Of This Tottenham Hotspur Striker: Big Boost For Spurs. Now, the question stands that exactly how much wealth do they possess. The 48-year-old is known for her links with wealthy Middle East investors and it has previously been reported that her own net worth is around 110million. He owns multiple sports clubs, including Arsenal FC. Latest Read More Related Articles . Football clubs make money through matchday sales, sponsorships, television broadcasting rights, endorsements, player transfers, and winner's prizes. Newcastle United's Saudi Arabia's PIF have been looking to invest in the Premier League for a while now - and they trounce even the next richest owners at Manchester City with their exorbitant. The wealthiest individual football club owner is Sheikh Mansour, with a net worth of $30 billion. Club Estimated combined wealth of owners; Newcastle. Simply type your email address into the box at the top of this article and hit 'subscribe'. 1 - Sheikh Mansour, Manchester City - 15.19bn All 20 Premier League clubs ranked based on the estimated net worth of their owners. Supporters were spotted celebrating outside the club's famous stadium earlier this evening, chanting 'we've got our club back' after Mike Ashley's departure. His team has some of the best footballers in the world. In a recent report, The Guardian claimed that Chelsea want to recruit Brighton and Hove Albion midfielder Moises Caicedo. Saudi Arabias Public Investment Fund completed. With this in mind, football.london have taken a look into the wealth of the new owners and how they compare to the current London owners. Who are the richest owners in the Premier League? Joe Lewis | Tottenham Hotspur F.C. The 2008 takeover of City changed the face of English football, turning the previously inconsistent Blues into a footballing powerhouse. Steve Ballmer is the wealthiest sports club owner. They are also sponsored by some of the top companies in the world. The Newcastle consortium is backed by the Crown Prince of Saudi Arabia, Mohammad Bin Salman, and he has a net worth of approximately 320 billion, The Sun report. Mansour bin Zayed Al Nahyan, alias Sheikh Mansour, is the deputy prime minister of the United Arab Emirates. A deal was agreed in April 2020 for Ashley to sell the Magpies to a consortium fronted by Amanda Staveley, ending his controversial tenure at the club. The firm is the financier behind several mega-projects in Saudi Arabia . The deal initially seemed dead and buried after issues emerged over an alleged piracy disagreement with Qatar-based broadcaster beIN Sports, who own rights to show Premier League matches in the Middle East. In this instance, Manchester City's owners fall short of Newcastle's new proprietors, as the Abu Dhabi royal family have a net worth of 500 billion pounds. Manchester Citys Sheikh Mansour comes closest at 23.3 billion with Chelsea owner Roman Abramovich behind that at 9.6 billion. (The Sun). Leicester- Aiyawatt Srivaddhanaprabha (2.9 billion), 9. $22 billion. Well then sign up for the brilliant Daily Star football email newsletter! So, heres where it gets a bit mind-boggling. Newcastle United's new Saudi owners are officially the wealthiest in the Premier League. The remaining shares are held by PCP Capital Partners and RB Sports & Media. Nevertheless, Bin Salman's name will no doubt continue to be linked with that of Newcastle, so some Toon supporters will be wondering just how much money he has. Topics:.css-wpf514{color:#72B97D;}Manchester City, Saudi Arabia, Liverpool, Chelsea, Sheikh Mansour, Roman Abramovich, Newcastle United, Avram Glazer was asked to provide Man Utd sale update at FA Cup final, his 'response' could anger fans, Liam Gallagher speaks out after claims he 'tormented' young Manchester United fan, Carlo Ancelotti instructs Real Madrid to sign Harry Kane as Karim Benzema replacement as Spain trip revealed, Lionel Messi smiled as he left the PSG pitch one final time after being booed for missing a chance, VAR controversy as Man United awarded penalty in FA Cup final following Jack Grealish handball, FA Cup hero Ilkay Gundogan celebrated without a winner's medal after the FA ran out, Man United fan arrested for disgusting Hillsborough disaster shirt at FA Cup final, That's according to a list compiled by Olbg of the richest sports club owners in the world, an official statement on the club's website, Cristiano Ronaldo knows what the Saudi Pro League needs to do to become top five league, lays out detailed plan, Saudi owners could 'dispose' of Newcastle to buy Manchester United, Ranking Premier League teams by average percentage of stadium filled, Newcastle United will earn far less than rest of Premier League's Champions League qualifiers. UEFA Europa League Among them are professional football players whose talents have raked in significant wealth. Man City. As a result, their owners are wealthy. He is also the owner of French Ligue 1 side Nice. wolverhampton wanderers. You'll receive an email with all of the top news stories every single morning. Unidad Editorial Informacin Deportiva, S.L.U. Steve Ballmer is the wealthiest sports club owner. "Our ambition is aligned with the fans - to create a consistently successful team that's regularly competing for major trophies and generates pride across the globe.". real madrid After his demise, Avram Glazer and Joel Glazer took over as the executive co-chairpersons and directors of Manchester United. He is a sports tycoon and businessman who owns Fulham F.C. Joe Lewis and Daniel Levy are the owners of the North London club Tottenham Hotspur. "Our ambition is aligned with the fans - to create a consistently successful team that's regularly competing for major trophies and generates pride across the globe.". He bought the Boston Globe for $70 million. Here we take a look at the 10 richest football club owners with the highest net worth. Todd Boehly | Chelsea F.C. The continent has produced some of the best players in the game's history. READ | WWE owner Vince McMahon once wanted to buy Newcastle United: Report The most successful club in the English Premier League, Manchester United, has an owner with a net worth of 3.5 billion. John Henry | Liverpool F.C. Staveley'sfinancial advisory firm PCP Capital Partners helped broker Sheik Mansour's takeover of Manchester City. Skateboarding teen struck by driver in west London, We are trapped: residents hit with soaring charges at luxury London homes, Photos show vicious moment dog attacks seal in West London, London news: Metropolitan Police issues appeal after woman goes missing in Brixton | UK | News, Two rushed to hospital after car ploughs into crowd in pub car park amid screams from horrified onlookers. This also marks the end of Mike Ashley's 14-year era as Newcastle's owner. Stan Kroenke (Arsenal)- 6.31billion. The Saudi Arabian Crown Prince Mohammed bin Salman chairs PIF, his nation's wealth fund. Stan Kroenke's net worth is $12.9 billion as of 2022. Who are the best football managers of all time as of 2023? is $6.5 billion as of 2022, and he is among the top five wealthiest Africans. Sheikh Mansour | Manchester City | $30 billion, He owns the Abu Dhabi United Group (ADUG), a conglomerate that acquired Manchester City in September 2008. Everton- Farhad Moshiri (1.9 billion), 12. 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Updated 13:28, 20 OCT 2021 Yasir Al-Rumayyan is the new Chairman of Newcastle United. As the main investor at Tavistock Group, a fund which owns over 200 businesses, Lewis has been able to build up a pretty tidy net worth. Forbes Middle East revealed that Al-Rumayyan earns an annual salary of $302,000 for his role as chairman of Saudi Aramco, ranked as the most valuable company in the world but estimates of his personal net worth vary wildly from $13m to $3bn. 3. Who are the 10 best young strikers in the world currently? We certainly cant. Brentford- Matthew Benham (3 million), 19. Will Steve Bruce be sacked? Todos los derechos reservados. We are excited about the future prospects for Newcastle United. With this, Sheikh Mansour falls to second position with 22.9 billion. harry kane The Saudi Arabian Public Investment Fund have an estimated 320BN worth. West Ham United The family's, 8. Newcastle owners have a joint, The firm is the financier behind several mega-projects in Saudi Arabia, including the futuristic city of NEOM. Southampton- Gao Jisheng (2.3 billion), 10. We use your sign-up to provide content in the ways you've consented to and improve our understanding of you. | $4 billion, Quincy, Illinois, United States of America, Henry also has a stake in the Premier League soccer team, Liverpool. On the other hand, the wealthiest company that owns a football club is the Saudi Public Investment Fund. And in 2016, the same firm were involved in a joint bid to buy a share in Liverpool, but it was rejected. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. Todos los derechos reservados. There is a lot of money sloshing around in professional football clubs. Marcelo Bielsa Right now, we just want to get in and do a review of the business and we are going to let you all know the plans. 2023 Minute Media - All rights reserved. Daniel Levy (Tottenham)- 3.98billion. 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Transfer Market Inter Milan Sheikh Mansour later oversaw the creation of City Football Group as a parent company before accepting investment from China Media Capital and CITIC Capital. Nassef Onsi Sawiris is an Egyptian billionaire businessman and investor. If you can't see this embed, clickhereto watch the video! PIF has financed. There is a chance that a potential cash injection would have the Toon Army competing for the top honours year in, year out when this proposed deal is announced publicly. His net worth is $5.9 billion as of 2022. Newcastle United's new owners are making their mark at St James' Park after completing their long-awaited 300million takeover earlier this month. The family's net worth is $4.7 billion as of 2022. "We will build a true community Club, based upon our family's knowledge of the city and in line with our plans that have been worked on closely with Newcastle City Council to deliver long-term sustainable growth for the area.". Earlier they have faced some complications regarding the takeover due to the violation of human rights. The collective wealth of the Saudi PIF, which stands at an estimated 320 billion, will dwarf that of any other ownership group currently in the Premier League should the takeover go through. 2. Its governor, Yasir Al-Rumayyan, will act as Newcastle's non-executive chairman. The Toon are on the brink of being in the hands of a Saudi Arabian. Top 10 Premier League clubs with the most debt as of 2023. 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