The Premier League is a big business these days and some of the richest people on the planet are becoming interested in owning clubs, either as a personal toy or as a way to make money.
However, most of them pump millions of pounds into these teams on ridiculous transfer fees and wages, which is something they’d never do in their other business ventures. These are the five top wealthiest owners in the Premier League today.
5. Joe Lewis – Tottenham
Businessman Joe Lewis of the Bahamas is reportedly worth $4.2b, but generally keeps a low profile as far as football is concerned. He has come out and said he’d like to bankroll a new stadium for Tottenham as White Hart Lane is apparently on its last legs. Fans will hopefully have a new world-class venue too cheer on their club in the next few years.
4. Malcolm Glazer – Man United
American Malcolm Glazer and his family are worth $4.5b at the moment. Glazer made his name known in the Premier League when he bought United for $1.3b. However, he controversially borrowed quite a bit of money for the purchase and the club ended up in quite a bit of debt. United has done extremely well financially with him in charge though and they haven’t been too shabby on the pitch either, up until this season that is. But they have won five league titles since he took over.
3. Roman Abramovich – Chelsea
Russian businessman Roman Abramovich is worth $13.8b. He’s spent about $2b since taking over Chelsea in 2003 and perhaps even more in an endless string of player and managerial moves. It’s worked up to a point as he’s won three league titles as well as a Champions League and Europa League crown.
2. Alisher Usmanov – Arsenal
Technically, Usmanov isn’t a full-fledged owner as the Russian has just over a 30 per cent stake inArsenal. He’s worth $18.6b. He’s also on the club’s board and has offered to spend his money on the club, but for some strange reason they don’t seem too interested in his cash. Arsenal keep on reaching the Champions League, but other than that haven’t won anything in nearly a decade. Perhaps they should take Usmanov up on his offer next time he wants to spend.
1. Mansour bin Zayed Al Nahyan – Man City
Mansour and his family have a fortune estimated at more than $150b with the Man City owner worth a cool $31.5b on his own. This makes him the richest owner in English football. He isn’t afraid to spend his money, but he might be overdoing it asUEFA are concerned about the club not adhering to the financial fair play rules. Mansour has spent over $1b in transfer fees since taking over in 2008 and has won a league title and has this year’s in his pocket at the moment.