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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.

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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.

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"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.

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