No doubts that English football is increasingly becoming important for billionaires willing to invest in this sport. We all know that over the years Manchester United, Manchester City, Liverpool, and Chelsea were acquired by foreign owners but there are many more rich investors that are involved in football out there.
There are some surprising names at the top of the money table. Let’s say that many of them have NOT brought winning ways with their wealth but their net worth is definitely remarkable.
Business Insider released a list of billionaire owners of football clubs in England. To do that, they used the 2017 Sunday Times rich list, and various info from Forbes, BBC, Birmingham Mail, and talkSPORT.
Let’s check the first 10 positions in ascending order together.
- West Bromwich Albion owner Guochuan Lai (£2.8 billion) made his fortune in the landscape development and construction industry. He acquired the team in 2014. West Brom’s best position was in the 10th place in the Premier League.
- Southampton owner Katharina Liebherr (£3 billion) does business in manufacturing construction machinery. Southampton developed the best youth player development systems in English sport.
- Manchester United owners the Glazer family (£3.3 billion) harvested wealth in real estate, banking, health care, equities, and sports clubs. The club was acquired in 2003 for £790 million.
- Leicester City owner Vichai Srivaddhanaprabha (£3.64 billion) developed a network of duty-free shops and King Power Duty-Free. He bought the club in 2010 and won the Premier League in 2015-16 thanks to the incredible performance of the Italian trainer Ranieri and his crew.
- Tottenham Hotspur owner Joe Lewis (£4.6 billion) became a billionaire thanks to his knowledge of the hospitality industry and his partnership with George Soros with which he speculated on the European Exchange-Rate Mechanism. In the last couple of season, Tottenham finished in the 2nd position of the Premier League.
- Wolverhampton Wanderers owner Guo Guangchang (£4.72 billion) operates in asset management, real estate, and entertainment.
- Stoke City owners the Coates family (£5 billion) increased their wealth thanks to their daughter who set up the world’s leading online gambling platform, bet365.
- Arsenal owner Stan Kroenke (£5.8 billion) developed is wealth having established the commercial real estate empire called Kroenke Group and the Kroenke Sports & Entertainment.
- Chelsea owner Roman Abramovich (£8 billion) is an oil, gas, and metals oligarch. In his first 10 years at the helm, Abramovich spent over £2 billion on the club.
- Manchester City owner Sheikh Mansour (£20 billion) is the deputy prime minister of the United Arab Emirates and he is involved in Virgin Galactic, Daimler, and Sky News Arabia. He developed City Football Group and through this company he manages several clubs such as Melbourne City, New York City, Atletico Torque. He also controls a minority stake in Yokohama F. Marinos.