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The Premier League is the most-watched league in the world, which has seen a rise in viewership season after season. Since its inauguration in 1992, the Premier League also bagged lucrative deals over the years with its rise to fame. The hype and excitement surrounding the league has also seen increased interest from global investors.
With Manchester City's takeover paving the way for the future, recent news suggests that a purchase of Newcastle United is complete. The Premier League has settled its dispute after Saudi Arabia lifted a ban on broadcaster Bein Sports. The official announcement of the deal's completion can be made anytime now, with a major obstacle out of the way.
News of something as big as this is bound to create shockwaves around the world. It will also create ripples in the Premier League, starting with a change in the financial hierarchy of the owners. Today, we will be discussing the wealthiest Premier League owners after Newcastle United's change in ownership.
Without further ado, let us take a look at the
Top 5 wealthiest Premier League club owners right now
#5 Guo Guangchang – Wolves, £5.2bn
Guo Guangchang is the chairman of Fosun International Limited group who has multiple investments in mining, steel, insurance and pharmaceuticals, among other things. The Chinese businessman marked his entry into football by taking over the Midlands club in 2016.
Guangchang promised to get Wolves back in a respectable position in the English top-flight when he took over. The Chinese owner then showed his financial might by buying star players like Hélder Costa, Ivan Cavaleiro and Romain Saïss, which helped Wolves get back into the Premier League in just a year.
Wolves have ensured that they are here to stay in the English top-flight, with the owner wisely spending majorly on Portuguese stars over the last few seasons.
#4 Stan Kroenke – Arsenal, £6.8bn
Stan Kroenke's initial involvement with Arsenal started in 2007 before he took over in 2011. The American tycoon also owns the NFL's Los Angeles Rams and Denver Nuggets in the NBA.
Kroenke's involvement in the Premier League has been a bitter pill to swallow for Arsenal fans. His apparent lack of interest and low expenditure has seen the Gunners climb down in the league hierarchy over the years. Arsenal fans have heavily criticized Kroenke, demanding the owner step down due to his actions.
#3 Roman Abramovich – Chelsea, £10.5bn
Roman Abramovich was among the first few billionaires to invest in a Premier League club. The Russian took charge of Chelsea in 2003 and changed the fortunes of the club drastically. His style of management bore fruit which saw the Blues win their first Premier League title in 50 years in 2005.
Since Abramovich took over, Chelsea has gone on to win four more Premier League titles and two Champions League titles. The Blues' last Champions League title came in the 2020-21 season, crowning them European champions.
Abramovich's management style remains praiseworthy as the Blues have cemented their legacy as one of the top clubs in Europe. The club has also invested wisely in the transfer window and currently have one of the best squads in Europe.
#2 Sheikh Mansour – Manchester City, £21bn
One of the wealthiest owners in world football, Sheikh Mansour's arrival changed the dynamic in the Premier League. Mansour took over Manchester City in 2008 and spent his wealth wisely transforming Manchester City into one of the powerhouses in Europe.
Mansour's takeover saw Manchester City attracting a lot of star players. Since 2008, City have procured the services of some world-class players and managers over the years. Success was inevitable, with Mansour pouring in insane amounts of money.
There is little doubt that Manchester City are the most successful club in the Premier League. They have won the Premier League five times with an envious record streak in the domestic cups. Manchester City's youth academy and managerial structure are also more sustainable than many other powerful clubs.
Manchester City's only dream remains to win the UEFA Champions League at least once. They came close to achieving their goal in Europe, only to fail against Chelsea in the finals last season.
#1 Saudi Arabia PIF - Newcastle United, £320bn
With a significant financial gap, Newcastle United's new owners are the wealthiest in the whole world. Saudi Arabia's Public Investment Fund (PIF) is backed by the country's crown prince and reportedly boasts assets worth ten times more than those of the owners of Paris Saint-Germain.
The PIF has completed the takeover at Newcastle United, which saw them match the £300 million buyout clause. The group initially enquired about taking over last year itself, but due to a ban on broadcasters Bein Sports in Saudi Arabia, the process was blocked.
Despite their wealth, it remains to be seen whether they can match the success of Manchester City. Newcastle United needs a lot of improvement on the pitch, considering their current situation in the Premier League. With financial fair play, it's highly unlikely that their new owners will spend huge amounts of money immediately.
