But after the Russian invasion of Ukraine, Abramovich's ownership of the club came under fire as the international community attempted to punish Russia for its actions. The long-running saga over the Blues' ownership was the subject of weeks of wrangling and speculation at the back end of the last Premier League season, before a deal was finally reached to sell the club to Boehly and his Clearlake Capital consortium on May 30. He was appointed as Chairman of the board of directors of Juventus in 2010 and is worth 14bn himself. "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. The co-owner Sachin Tendulkar after whom the team is named has a net worth of around 170 million USD. In football, his main concerns are Bundesliga side RB Leipzig, Austrian club Red Bull Salzburg and MLS side New York Red Bulls. US Private Jet Owners Russian billionaire Roman Abramovich announced Wednesday he plans to sell Chelsea Football Club, as it is "in the best interest of the Club, the fans, the employees, as well as the Club's sponsors . PIF acquired an 80% stake in Newcastle when taking the club off Mike Ashley's hands 18 months ago. Apart from these, Jeremy Hosking, Stephen Browett, and Martin Long own small shares in Crystal Palace. With the successful completion of the takeover, Newcastle United have become one of the richest football clubs in the world. 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. The team has a market value of approximately 540 million INR. Due to his ties with the regime of Russia president Vladimir Putin, as cited by the U.K. government, his assets were frozen and Chelsea were forced to operate under a restrictive license until a sale materialized. Ltd. All rights reserved. If you can't see this embed, clickhereto watch the video! The state-owned fund has assets of around 320bn, making them the richest owners of a football club. Net worth: $19.1 billion. Sheikh Mansour is the owner of Manchester City Football Club, Melbourne City, Mumbai City FC, as well as New York City FC. One can only wonder if Keggy would love that. Full Name: Arthur Blank. The PIF has the Crown Prince of Saudi Arabia, Mohammed bin Salman, listed as the Chairman. Although he is the face of the group, it is backed by investment firm Clearlake Capital, and other deep-pocketed partners, including Swiss billionaire Hansjorg Wyss, and Boehly's Dodgers partner Mark Walter. The 20 richest controlling owners of teams in major sports leagues around the world have a combined net worth of $426 billion, up 60% during what has been a record year for billionaire wealth. 'Kyril's commitment, acumen and . Also, travel expenses for football matches were capped at $26,000 per match. 52-year-old sports analyst Matthew Benham has a net worth of 3 Million which he has earned from gambling and investing in different aspects of the game. a real estate development firm that built most of it's properties near Walmart stores. Stan Kroenke, Arsenal. The Welsh side, who happen to be the third oldest football club in the world, were thrusted into the limelight after Hollywood . However, the club haven't lifted the Champions League since 1996. You should expect us in your inbox every Friday. The sanctions by the UK government on Russia and Chelseas owner Roman Abramovich led to the club being put up for sale. 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. The American billionaire's main business interests are in the real estate, oil, rail and entertainment industries. Lost your password? Cardinal is a family business. 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. richest soccer club owners in the world. New owners mean new investment which in turn brings in new world class players by paying huge transfer fees and wages. Under Andrea Agnelli, Juventus won nine consecutive Serie A titles prior to losing their crown to Inter Milan last season. In April 2005, he acquired Austrian team SV Austria Salzburg and later renamed the club Red Bull Salzburg. Patrice Motsepe (Mamelodi Sundowns' owner) comes second with a net worth of $3.5 billion. During the initial five months, the owners and the management used the time to understand the club. , Juventus, Liverpool and the best 2022-23 third kits , Football on UK TV: Matches to watch & stream this week, Manchester City, Melbourne City, New York City, Red Bull Salzburg, New York Red Bulls, RB Leipzig. Here football.london breaks down the numbers and compares the clubs and their owners. Others include Mumbai City in India, Belgian side Lommel SKand the Uruguayan team Montevideo City Torque. Combined they are worth an astonishing $90.8 billion. With a net worth of over $430 billion, the fund has been able to inject massive amounts of cash into the Newcastle United football club since acquiring it in 2022. Arsenals owner Stan Kroenke may get accusations of not spending enough money on the club, but its definitely not because of the lack of it. WhatsApp. According to Forbes, Franois Pinault is a French billionaire businessman, architect of the luxury group Kering and the investment firm Artmis. as well as other partner offers and accept our, Katharina Liebherr and Gao Jisheng of Southampton FC have been excluded from the list because Liebherr. 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. . The remaining shares are held by PCP Capital Partners and RB Sports & Media. Where and how to watch Liverpool vs Manchester United in India, UK, USA and Nigeria. How he made his fortune: Kroenke married Walmart heiress Ann Walton in 1974, and shortly after founded a a real estate development firm that built most of it's properties near Walmart stores. ", "Glazers to sell 137m of their Manchester United shares", "Saudi PIF ranks 5th among world's sovereign funds with $620bn assets", "How the stunning wealth of Chelsea's new owners compares with Newcastle United and the rest of the PL", "Sport Republic complete acquisition of Turkish club to add to Saints portfolio", "Who is Dragan Solak? Maritzburg United Football Club was formed in 1981 and right from its infancy steps, Current owner and Chairman Mr. Farook . According to reports from Forbes, the Bayern Munich net worth is estimated to be around $3.024 billion. Since then, this had becomea long-pending deal. Among those restrictions were a transfer ban, with the club unable to transfer or acquire players. Man City owner Sheikh Mansour and Chelsea co-owner Todd Boehly top the list. Copyright 2023 Sporting News Holdings Limited. He is also the principal owner of baseball team Boston Red Sox. Chelsea. He owns an 18% of Crystal Palace, the same amount as both David Blitzer and Steve Parish. In the biggest takeoverin football history, Premier League club Newcastle United has changed owners, bringing an endto an18-month saga. 13) Liverpool - John W. Henry - 2.1billion. Before that, let's see a list of the current owners of English football clubs, as well as their estimated net worth (where available). 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. Among the richest club owners in the German League, Tonnies's main source of income is his own meat processing company. Were all in 100% every minute of every match., Our vision as owners is clear: we want to make the fans proud. The world of football is witnessing a landmark event as Newcastle Uniteds takeover is complete. 2022 Agnificent Platform Technologies Pte. Nationality: American. 19:52, 27 FEB 2023. The largest shareholder on the Arsenal board is American sports tycoon Stan Kroenke. Newcastle Saudi Public Investment Fund (320bn). Owner Football club (s) Est. Philip Anschutz, LA Galaxy. Shauwn Mkhize Net Worth is R90 Million. Luton Town Football Club 2020 Limited: Supporter-owned Middlesbrough: Steve Gibson: $263M: Bulkhaul Limited: Millwall: John Berylson Richard Smith: Russian entrepreneur Roman Abramovich kick-started a new wave of overseas billionaires buying Premier League soccer clubs when he purchased Chelsea FC from Ken Bates in 2003. The drink was already popular among Thai workers following its invention in 1970s by businessman Chaleo Yoovidhya. Under Abramovich's ownership, Chelsea have won several major trophies including five Premier League titles, two Champions Leagues and five FA Cups. PSL Clubs and their Owners. Zhang Jindong is a Chinese billionaire who, through his company the Suning Holdings Group, acquired a majority ownership stake in Serie A club Inter in 2016. Guangchang is well known for donating millions of dollars to charity, and he describes himself as the "Chinese Warren Buffet.". Parish has a net worth of 50million, Harris has a net worth of 2.44billion, and Blitzer has a net worth of 1billion. net worth (2019) 1: Public Investment Fund: Newcastle: $430bn: 2: Sheikh . ranks second on this list with a net worth of $24.7 billion . 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Andrea Agnelli, the chairman of Juventus, as well as Executive Member, and Chairman of the European Club Association, was born on December 6, 1975, is one of the most popular current owners of Juventus. 11:26, 1 MAR 2023. Leicester Aiyawatt Srivaddhanaprabha (2.9bn), 10 Crystal Palace Joshua Harris (3.36bn), 9. In our previous post, we revealed the richest football clubs in the world. He owns 49% of the Red Bull energy drink company. The most successful club in the English Premier League, Manchester United, has an owner with a net worth of 3.5 billion. Here we take a look at the 10 richest football club owners in the world at the moment. . Record signing: Paul Pogba $114.3 million (Juventus, 2016). Cohen currently ranks as the 11th wealthiest sports club owner with a net worth of $17.4 billion. Club Owner(s) Date controlling stake acquired Net worth Source of wealth Atalanta: Antonio Percassi (45%) . The company specializes in shopping centers and apartment buildings, with most of them located near existing Walmart stores. The outfit has become a force in the world of football because of foreign investment. Please logout and login again. The club's daily operations are entrusted to the trusted Lieutenant Khaldoon Al Mubarak.