As it stands, the Premier League clubs are owned by more than ten billionaires. Who among them stands out? We take you through our top 10 charts of who’s worth how much in the race for the top spot.
English top-flight football clubs have been up for sale since the acquisition of Chelsea FC by Russian-Israeli businessman Roman Abramovich in 2003.
It is 2022, and a lot has changed. There is a new owner at Chelsea. Southampton and Newcastle are also experiencing the dynamics of ownership transfer.
In January this year, Southampton was bought by Sport Republic, a private company with offices in London. As a result, Gao Jisheng, the previous Chinese owner, has dropped the pecking order.
Sport Republic’s majority shareholder is Dragan Solak, a Serbian businessman.
On 7 October 2021, Newcastle was bought by the Saudi Public Investment Fund in a £300 million deal.
A shake-up has taken place in the top ten richest premier league club owners, as we are about to discover.
What’s more? We are in for a thrill this football season with new clubs and new owners on the charts.
But first things first. Let’s take a look at the who is who of the top 10 wealthiest owners of the Premier League clubs:
10. Joshua Harris, 57 years
- Net worth: ￡3.36 billion
- Club: Crystal Palace
- Current Manager: Patrick Viera
Harris began by getting into investment banking in the last quarter of the 20th century. Since then, he has also acquired many private firms. He has interests in sports other than soccer, with stakes in hockey (New Jersey Devils) and basketball (Philadelphia 76ers).
Joshua co-owns the club with American entrepreneurs Steve Parish and David S Blitzer. Steve and David have a combined shareholding of 36%.
9. The Glazer Family (Avram and Joel Glazer)
- Net worth: £3.29 billion
- Club: Manchester United
- Current Manager: Erik Ten Hag
After the demise of Malcolm Glazer in 2014, his sons Avram and Joel have since taken over the co-ownership of the club.
Malcolm became a majority shareholder of the club in 2003 through the family’s private firm, Red Football. Two years later, Red Football has gradually acquired a 97% share of “The Red Devils.”
The American, Glazer Snr. accumulated most of his wealth through various investments in healthcare, land & buildings, and banking.
8. Joe Lewis, 85 years
- Net worth: £4.97 billion
- Club: Tottenham Hotspurs
- Current Manager: Antonio Conte
For over a decade, between 1970 and 1980, Joe Lewis has gradually multiplied his fortunes through investments in hotels and hospitality.
Lewis, English by nationality, is currently the main shareholder in Tavistock Group of companies.
Tavistock Group comprises 200 companies in an estimated 14 nations. The company has extended its portfolio to include investments in oil and sports clubs.
Joe co-owns Spurs with business partner Daniel Levy, with both claiming a stake in the holding company ENIC International.
7. Guo Guangchang, 55 years
- Net worth: £5.54 billion
- Club: Wolverhampton Wanderers
- Current Manager: Bruno Lage
Guangchang, a Chinese national, doubles as an investor and a philanthropist.
In 2016, Guo Guanchang took over the ownership of Wolves from the previous owner Steve Morgan. He is the founder of the Wolverhampton Wanders holding company Fosun International, a company with interests in land & buildings, medical supplies, and other undeclared industries.
Guo has contributed millions of pounds to various charity causes and is reported to take great pride in his way of doing things.
6. Shahid Khan, 72 years
- Net worth: £5.8 billion
- Club: Fulham
- Current Manager: Marco Silva
Shahid Khan is a Pakistani-American who began to make millions when he decided to start his own company. Previously, Khan served as an engineering director at Flex-N-Gate before acquiring Bumper Works in 1980.
By 2010, Khan had decided to cast his nets wider by investing in sports. Shahid began by purchasing the American NFL side Jacksonville Jaguars.
Around the same year, Bumper Works was employing more than 12,000 people in various states in the US.
Fast-forward to 2022, and Shahid Khan is the current owner of Fulham, the Premier League club. He bought the club on 12 July 2013 from the previous owner Mohamed Al Fayed to the tune of £200 million.
5. Nasef Sawiris, 61 years
- Net worth: £6.75 billion
- Club: Aston Villa
- Current Manager: Steven Gerrard
Nasef Sawiris took over the management of Orascom Construction from his father, Onsi Sawiris in 1995. Three years later, he rose to the position of CEO.
He has since engaged in various business and investment dealings, culminating in the acquisition of a stake in Adidas. Nasef also sits on the board of directors at the sportswear multinational.
Sawiris has also previously served on the board of directors at the Cairo Stock Exchange. Nasef is ranked number 2 on the top 10 richest Africans list.
Wes Edens, an American businessman, is the co-owner of Aston Villa with Sawiris.
4. Stan Kroenke, 75 years
- Net worth: £8.83 billion
- Club: Arsenal
- Current Manager: Mikel Arteta
Kroenke inherited some of his monies from his father-in-law, some of which he used to invest in real estate. Stan Kroenke has also acquired large tracts of land across the United States. Over the years, he has expanded his portfolio to include sports teams.
He is an American born in Missouri.
Stan is the current owner of the US’s Los Angeles Rams, Denver Nuggets, Colorado Avalanche, Colorado Rapids, and the UK’s Arsenal Football Club.
- Net worth: £10.86 billion
- Club: Chelsea
- Current Manager: Thomas Tuchel
Between 1990 and 2015, Boehly worked at Guggenheim Partners as an asset manager and president. In 2013, he made money from a baseball broadcasting deal between Time Warner Cable and Los Angeles Dodgers.
Over time, Todd’s portfolio has expanded to include stakes in baseball sports teams, football clubs, and media & entertainment.
Todd and associates acquired Chelsea in May this year to add to his colossal share in the sports arena.
2. Sheikh Mansour, 51 years
- Net worth: £32.97 billion
- Club: Manchester City
- Current Manager: Pep Guardiola
Mansour bin Zayed Al Nahyan takes the second-best spot. Abu Dhabi’s Sheik Mansour bought Manchester City in 2008. Manchester City has seen many successes since then.
Mansour is the deputy prime minister of the UAE. He is also the CEO of Mubadala Investment Company.
The Sheikh has various roles and interests in the oil, nuclear energy, banking, and metal industries. He has had tremendous progress in both his political and business careers.
1. Saudi Public Investment Fund
- Net worth: £490 billion
- Club: Newcastle United
- Current Manager: Eddie Howe
The Saudi-powered Public Investment Fund acquired Newcastle United from Mike Ashley of Sports Direct in October last year.
The takeover has brought an unbelievable transformation in the club’s finances, putting Newcastle among the wealthiest clubs in the Premier League.