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English Premier League

New: Richest Premier League Club Owners

With Newcastle United having been successfully taken over, here is an updated list of the 10 richest owners and ownership groups in the Premier League.

Click through the gallery above to see who the 10 wealthiest owners and ownership groups in the Premier League are, as per talkSPORT!

On Thursday evening, it was confirmed that Mike Ashley's 14-year reign as Newcastle owner had come to an end after he sold the club to a Saudi Arabian-backed consortium. 

The face of the new ownership group, Amanda Staveley, who is the Chief Executive Officer of PCP Capital Partners, has claimed the club's new bosses will be incredibly committed to investing in the Magpies. 

"Newcastle United is an extraordinary football club. There is no other football club quite like it," he said, according to the Daily Mail.

"And there are certainly no fans like Newcastle fans. We at PCP Captial Partners feel privileged to become custodians of this great club. 

"Led by PIF and including RBSports and Media, we know only too well that the whole community wants a club of which they can be proud, both on the pitch and off.

"This announcement has been a long time coming and we appreciate the patience of the fans, the community, the players, the coaching staff and everyone who works at the club. 

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"We have followed the discussions in the fans forums and we appreciate so much the support of the fans. Now we're all focused of the future. 

"We have faith in the long-term success at Newcastle United. We are long-term patient investors. We are in this for the long haul. And we're here to invest.

"We don't want to make promises we can't keep. It will take time to get to where we want to get to, but we have big ambitions. 

"We're going to not only invest in players, but the club. We're going to build up the academy programme and over time, we want to see more local kids making it through to the first team."

Here are 10 managers Newcastle could approach following their takeover: 

According to reports, Newcastle's new owners are now the richest in England's top division, with Manchester City chief Sheikh Mansour knocked down into second place. It is said that the investment fund that is now in control of the Magpies is worth around a staggering £320 billion. 

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A lot of attention will now be drawn to current first-team boss Steve Bruce, who has already admitted that it is likely he is replaced in the hot seat in the coming weeks or months. 

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