Register Login Live

International

The 10 Richest Owners In Football

Here is a list of the 10 wealthiest football owners in world football amid rumours that a Premier League club is about to be taken over by mega-rich billionaires.

Click through the gallery above to see 10 of the richest owners in football, as per the Daily Star.

According to BBC Sport, a Saudi Arabian group could be close to taking over Newcastle United, with the Premier League reportedly set to make a decision within the next 24 hours.

It is claimed that the Saudi state would not have control of the club as the consortium, called the Public Investment Fund (PIF), would provide 80% of funds for the £300 million (R6 billion) deal and will be seen as "separate to the state and therefore allow the takeover to pass the Premier League owners' and directors' test".

Newcastle supporters are expected to be delighted by the news following 14 frustrating years under current owner Mike Ashley, who has been strongly and widely accused of mismanaging the club with a lack of care and investment.

The group set to take over from Ashley are believed to be wealthier than the owners of Manchester City, who are among the 10 richest club owners in the sport.

Open a Tab account and get a 10% bonus, click here to sign up!

It has been around 18 months since it first came to light that Newcastle were on the verge of a change of ownership in the boardroom, with a deal reportedly first agreed back in April 2020.

At the time, it is understood the consortium walked away from the potential deal after the Premier League demanded clarity on who would control the club by offering arbitration, which is a form of alternative dispute resolution.

Per BBC Sport, "that would decide whether PIF was separate to the Saudi state and therefore if it would pass the league's owners' and directors' test, which measures the suitability of owners at a club.

'What CR7 Said When I Asked for His Jersey'

"It has been unclear if alleged piracy or alleged human rights abuses by Saudi Arabia were the central issue, but they have been rendered immaterial now that PIF is regarded as a different entity."

Currently, three Premier League club owners rank among the 10 richest in the world, while Paris Saint-Germain's owner Nasser Al-Khelaifi features at eighth in the high-profile ranking.

Here are the 16 best-paid players in the Premier League: 

PSG Slam Disrespectful Real Over Mbappe Saga

Pogba Decides Man Utd Future?

What Mourinho Once Called Potential Pitso Replacement

4 comments

Top 5

Managers Who’ve Already Been Sacked This Season

1 Nov 08, 2021 12:26 PM in English Premier League

Khanye Lambasts Pirates For Impressive Mhango

38 Jan 18, 2022 10:51 AM in Orlando Pirates

7 Players Xavi Could Get Rid Of At Barca

5 Nov 09, 2021 01:26 PM in LaLiga

Usuthu Tie Down Two Stars?

9 Jan 18, 2022 04:25 PM in Siyagobhoza

Siuu! Ronaldo Shows Off R422 Million Personalized Private Jet

1 Jan 19, 2022 10:38 AM in Show Me The Money

Figo’s Figo – Bucs Star Goes Economic With Small Hatchback

7 Jan 21, 2022 10:31 AM in Stars & Their Cars

Robinho Sentenced To 9 Years In Jail

14 Jan 20, 2022 09:24 AM in World News

Nomandela: I Wanted To Play For Chiefs

48 Jan 19, 2022 11:05 AM in Kaizer Chiefs

Bafana Ba Style – 5 Of Motsepe’s Most Stylish Moments

Jan 21, 2022 04:10 PM in Drip, Style & Swag

Frustrated Bucs Supporters Join Planned March

20 Jan 18, 2022 04:17 PM in Orlando Pirates

'World Richest Footballer' Finds New Club

9 Dec 27, 2021 02:35 PM in World News

Nomandela: I Wanted To Play For Chiefs

48 Jan 19, 2022 11:05 AM in Kaizer Chiefs

All The Stadiums That Will Host Afcon Matches

2 Dec 10, 2021 07:29 PM in African Football