Kroenke first brought shares at Arsenal in 2008, before increasing his stake to around 62 per cent in 2011. As part of the U.K. sanctions leveled against Abramovich, he could not legally benefit financially from the sale of his asset Chelsea Football Club, or any other assets he owns in the U.K. Abramovich had already confirmed his intention of donating the proceeds of the eventual sale to charity. 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. The club has been owned by Russian businessman Roman Abramovich since the summer of 2003. The crown prince is part of the country's royal family which is worth up to 1.1 trillion according to Business Insider. Twitter. (February 2013) Serie A. The Mumbai City Football Club participates in the Indian Super League. Guo Guangchang, the chairman of the Fosun Group, is the 10th richest owner in world football with a networth of 5.2 billion. He is also the principal owner of baseball team Boston Red Sox. They gladly accepted his proposal. Ryan Reynolds spearheaded a move towards showing National League matches online (Image: Getty Images) Wrexham have announced six-figure online streaming earnings in just two months. Your email address will not be published. World's richest football club owners revealed with Newcastle TOP ahead of PSG as 300m takeover finally completed. The matchday revenue for the Bavarian giants is a whopping $478m wit broadcasting rights valued at $814m. 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. 2022 Agnificent Platform Technologies Pte. His net worth is close to 10.5bn. Bayern Munich are the highest valued club in the Bundesliga, followed by Borussia Dortmund. 6 hours ago source: 90min.com A comparison of the net worths of Newcastle and Manchester City's owners read more >> Meanwhile Joe Lewis owns 70.6% of ENIC International Limited. 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. By clicking Sign up, you agree to receive marketing emails from Insider Said to be worth around 338 billion, it was designed . The Premier League currently has 12 billionaire club owners including The Glazer Family, Roman Abramovich, and Stan Kroenke. He became a shareholder in May 2007, and became the majority shareholder of Arsenal Football Club in April 2011. Mateschitz really became fond of the drink and as such, he reached out to the Thai company's founders. Katharina Liebherr and Gao Jisheng of Southampton FC have been excluded from the list because Liebherr sold 80% of her shares in the club to Jisheng in 2017, and the Chinese businessman's net worth is currently unclear having just lost control of his real-estate company, Lander Sports, according to the Financial Times. Chelsea Todd Boehly and Clearlake Capital (10.86bn), 2. The net worth of Real Madrid according to Forbes is $4.75 billion . "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. Man City Sheikh Mansour (22.9bn), 1. Maritzburg United Football Club was formed in 1981 and right from its infancy steps, Current owner and Chairman Mr. Farook . The ownership situation was something of a distraction, and after that period of off-the-pitch turmoil, it was hoped that they would return to a period of stability as the Boehly era got underway. Sawiris is also the supervisory director of fashion giant Adidas. In 2008,The Timesreported that he allegedly paid billions of dollars in political bribes and protection fees in return forshares in Russia's oil and aluminum assets, according to court documents. How he made his fortune: Following the tragic death of his father Vichai Srivaddhanaprabha in a helicopter crash in October 2018, son Aiyawatt assumed control of his late father's empire. In April 2005, he acquired Austrian team SV Austria Salzburg and later renamed the club Red Bull Salzburg. a disagreement between Abramovich and the U.K. government, shares in Russia's oil and aluminum assets. 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. The Bidwill family has owned the Cardinals since 1932, and Forbes estimates the franchise amount for this year to be $2.15 billion. How he made his fortune: After building a successful trading firm in the 1980s, Henry began to invest the money he had earned into sports teams. He is also the chief executive of Abu Dhabi's Mubadala Investment Company and a board member of the Abu Dhabi National Oil Company. We've also explained how each club owner made their fortunes. From Miami to Manchester! Chelsea officially announced today that the takeover by an investment group led by Todd Boehly and Clearlake Capital has been completed. 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. He took over Inter Milan in June 2016 after his private firm Suning Holdings bought 70% of the clubs shares for $300 million. Football Team Name: Atlanta Falcons. A list of all owners with a significant interest (a stake above 10%) within English football clubs: including their estimated net worth and sources of wealth. Who is Alex Scott - Next English prodigy? Net Worth 2022 - $19.2 billion. Tribal Football - Carlos Volcano. 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. 18. Bundesliga side Hoffenheim may not be global players, but their owner Dietmar Hopp is an influential businessman in the software and data processing sector having helped to found SAP SE. Arizona Cardinals owner Bill Bidwill has a net worth of $ 1.4 billion. Liam Cooper's importance to this Leeds side. 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. Despite all the spending, just like Manchester City, PSG are yet to win the Champions League. The most successful club in the English Premier League, Manchester United, has an owner with a net worth of 3.5 billion. The team has a market value of approximately 540 million INR. The owners started investing heavily in the squad and appointed Antonio Conte in 2019 while also striking deals for the likes of Romelu Lukaku and Alexis Sanchez. Kaizer Motaung It has become essential to be capable of paying huge transfer fees to recruit the best players in the world. . Peter Byrne - PA Images/PA Images/Getty Images. If you don't receive an email, please check your spam or Promotions Tab and "move us" to your primary inbox! A career in Tennis brought Al-Khelaifi close to the Emir of Qatar, Sheikh Tamim. Nowadays, Lewis is the chairman of Tavistock Group a private investment organization that have a portfolio containing oil companies, resort properties, restaurants and, of course, sports clubs. The sovereign wealth fund that holds a majority stake in Newcastle was valued at around 315bn by Sky Sports when the takeover was confirmed. Net Worth 2022 - $25.8 billion. Facebook. Minnesota Vikings. He initially attempted to distance the club from his issues in late February when he announced he would hand "custody and care" over to the Chelsea Foundation's trustees, but the brief and vague statement only raised more questions than it answered. Apply Now. The Austrian is the key to the rise of RB Leipzig and RB Salzburg after initiating the clubs in German and Austrian Bundesliga respectively. According to Forbes, he was the 40th wealthiest person in the world in 2019, with a net worth of 15.7bn, thus becoming one of the richest owners in club football. It is the longest uninterrupted ownership of a sports franchise in the world. He is the owner of majority stakes in the Major League Soccer club LA Galaxy, making him one of the richest club owners in world football. 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. And prepare for the 2021/22 season and eye out the promotion to the top division. CHECK THIS OUT : Top 10 Richest Football Clubs in South Africa [ Kaizer Chiefs is 2nd] 10. The net worth of Bidvest Wits Football Club stands at R107.36 million ($7.4 million). The group decided to buy PSG in 2011, and Al-Khelaifi was immediately made the Chairman and CEO of the club. Yasir Al-Rumayyan is a governor of PIF and was appointed Newcastle's non-executive chairman when the takeover was completed. . 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. Kasra Moradi. He became a shareholder in May 2007, and became the majority shareholder of Arsenal Football Club in April 2011. West Ham David Sullivan and David Gold (1.62bn), 12. Compared with its previous year, the club also made progress in terms of monetary value. Joshua Harris and other board members of Crystal Palace. After 14 years of Mike Ashley's tenure, Newcastle United are now owned by the Saudi state's investment fund, making them the richest club in world football by a mile. Shauwn Mkhize Net Worth is R90 Million. Apart from these, Jeremy Hosking, Stephen Browett, and Martin Long own small shares in Crystal Palace. A U.K. government approval of the sale required these issues to be worked out. With this takeover, Newcastle Unitednot only have the potential to disrupt the transfer marketbut have also impactedthe list of the Premier League's richest owners. Nasser Al-Khelafi is Chairman and CEO of Paris Saint-Germain and also the chairman of QSI. The entrepreneur is one of the founders and the current honorary chairman of Suning.com. Chelsea were not shy to spend the big money when they needed to under the ownership of Abramovich and that culture is set to continue with the new, richer owners. Nevertheless, a new era has started for the Magpies and Newcastle will be keen to regain their former glory under the Saudi ownership. Consortium led by Todd Boehly and Clearlake Capital completes acquisition of Chelsea Football Club. Newcastle will have an unlimited pipeline of funds to bring in the best players from the world to regain their glory days and challenge for trophies. He is a businessman and an investor who is worth 5.2bn. Since then, this had becomea long-pending deal. But the former Chelsea owner was forced to sell the blues following the sanctions placed on him by the UK government last season. The wealthiest sports club owner is Steve Ballmer, who owns The Los Angeles Clippers. 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. 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 . However, City have actually made a profit over the past three windows in transfer dealings after accruing more than 190m in sales fees during this time. Value: $3.35 Billion . Cohen currently ranks as the 11th wealthiest sports club owner with a net worth of $17.4 billion. Record signing:Raul Jimenez $41.2 million (Benfica, 2019). It was later revealed that the two stars were Ryan Reynolds and Rob McElhenney, with both . Abramovich's massive investment in the club built Chelsea into a perennial world power, but it came at a serious cost to the club. stokesentinel Load mobile navigation. You can read the interview feature in today's Mail . The owners of Sheffield United have reportedly accepted a 115million bid from American businessman Henry Mauriss to purchase the Championship club. Just days later, on March 2, he announced he was selling, and despite the hefty price tag, there were plenty of willing bidders who were asked to submit their offers in short order as part of a sales process managed by Raine Group on behalf of Abramovich. Visit Business Insider's homepage for more stories. Owner: Tim Sukazi; Net Worth: N/A; Year Founded: 2005; Stadium: . 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. The PIF boasts assets worth a staggering 320 billion, with stakes in companies ranging from Softbank to Boeing, Facebook and Uber. That leaves 14.45% of the club in the hands of other shareholders, but make no mistake about it, ENIC, which is a combination of Levy . He also has a minority stake in the legendary NBA basketball team LA Lakers and the Sparks, with his ownership group alongside Mark Walter buying a 27 percent stake in the combined organization. The new owner Abdulrahman Al-Jasmi says he wants to bring back the 'glory days' to a team which eight years ago was playing in the Premier League and won the FA Cup. 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). Man City owner Sheikh Mansour and Chelsea co-owner Todd Boehly top the list. He is also the principal owner of baseball team Boston Red Sox. Kritika Kumari - October 10, 2021. But the Champions League continues to elude them. Big investment allows clubs to spend incredible amounts of money to pave their way to success in football tournaments. The ultra rich have been influencing European club football for more than a decade, buying the biggest teams across the continent. 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. San Francisco 49ers, DeBartolo Corporation, Minority investor sources include YouTube and Zappos, China Media Capital and CITIC Group (1%)[33][34], Michael Wynn-Jones (53%) 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 . Record signing: Tanguy Ndombele $65.3 million (Olympic Lyonaiss, 2019). He also owns clothing line Jack Wills, department store chain House of Fraser, and high street gaming chain GAME. 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.