Top 5 richest club football owners in the world

After months of speculation, a Saudi Arabian-backed takeover of Newcastle United has sooner or later been completed. The three-party consortium inside the takeover includes the Saudi Arabia Public Investment Fund (PIF), mission capital, and personal fairness business enterprise PCP Capital Partners and RB Sports and Media.

There become plenty of controversy surrounding the involvement of the PIF within the takeover. However, the consortium changed into seemingly capable of efficaciously demonstrate that Saudi Arabia might no longer have manipulated over the membership and therefore had been capable of skip the Premier League's litmus test.

With the hit of completion of the takeover, Newcastle United has ended up one of the richest soccer golf equipment in the world. Fans had been no doubt excited to peer Mike Ashley's stingy ownership come to a quit and maybe searching ahead to seeing the membership return to its glory days. But where do the Magpies' proprietors rank among the richest soccer club proprietors inside the international?

Here we take a look at the 5 richest football club owners with the highest net worth.

5. Andrea Agnelli (Juventus) - £14 billion

Andrea is the son of former Juventus chairman Umberto, and his circle of relatives has a long record on membership, having managed the Bianconeri almost continuously in view that 1923. The Agnelli own family founded Fiat in 1899 and made a fortune inside the automotive enterprise. The own family also owns Ferrari as a part of the massive Exor group.

In May 2010, Andrea changed into appointed by his cousin because the chairman of the Juventus board and became the fourth member of the family to run the membership. His appointment coincided with the membership’s aftermath of the match-solving scandal before being chargeable for overseeing the transition to the brand new stadium.

Under Andrea Agnelli, Juventus won 9 consecutive Serie A titles prior to losing their crown to Inter Milan last season. However, the membership hasn't lifted the Champions League for the reason that 1996. Andrea was also the chairman of the European Club Association (ECA) earlier than he resigned following the European Super League debacle.

The chairman of Italian giants, Juventus - Andrea Agnelli is known to have an internet worth of £14bn. The Italian has been a regular presence with regards to Italian soccer, with him taking the membership to extra heights in the current past.

4. Dietrich Mateschitz (RB Salzburg/ RB Leipzig) - £15.7 billion

Austrian Entrepreneur, Dietrich Mateschitz's adventure to becoming a billionaire is a genuinely charming one. While on holiday in Thailand, Mateschitz came throughout the strength drink, Red Bull. The drink turned into already famous amongst Thai employees following its invention inside the Seventies via businessman Chaleo Yoovidhya. Mateschitz actually became fond of the drink and as such, he reached out to the Thai enterprise's founders. He was prepared to provide them a 49 percent share inside the organization if they have been ready to let him tweak the system and extend it globally. They gladly every day his proposal. He took it to the world, but it wasn't till 1997 while it turned into released inside the United States that the brand grew on a large scale.

Mateschitz invested his cash in sports, mainly Formula One, but additionally ventured into soccer. In April 2005, he received Austrian group SV Austria Salzburg and later renamed the club Red Bull Salzburg. He additionally based RB Leipzig in May 2009 with the club now becoming one of the powerhouses in German football.

Dietrich Mateschitz is an Austrian businessman who's the co-founder and 49% proprietors of the Red Bull electricity drink organization, which owns RB Leipzig and RB Salzburg. Mateschitz is thought to have internet well worth £15.7bn.

3. Sheikh Mansour (Manchester City) - £23.2 billion

Sheikh Mansour bought Manchester City in September 2008 and straight away converted them right into a global powerhouse in European soccer. Mansour is the deputy prime minister of the United Arab Emirates and comes from the royal circle of relatives of Abu Dhabi. He is also the leader government of Abu Dhabi's Mubadala Investment Company and a board member of the Abu Dhabi National Oil Company. He additionally presides as the Chairman of the Emirates Nuclear Energy Corporation, Abu Dhabi Commercial Bank, and Emirates Global Aluminium.

Since acquiring Manchester City, the 50-12 months-old has also added New York City FC, Melbourne City FC, and Mumbai City FC, among others, thru the City Football Group. The club's each day operations are entrusted to the trusted Lieutenant Khaldoon Al Mubarak.

Under Mansour's ownership, City has received several primary trophies, together with five Premier League titles. But the Champions League maintains to elude them. Sheikh Mansour is the proprietor of the Abu Dhabi United Group which owns no longer simplest Manchester City but additionally Melbourne City FC, New York City FC, and Mumbai City FC amongst others.

2. Qatar Investment Authority (Paris Saint-Germain) - £220 billion

Presided by way of Nasser al-Khelaifi, Paris Saint-Germain is owned by way of the Qatar Investment Authority, a sovereign wealth fund of the country. Al-Khelaifi was a totally proficient tennis participant while he become young, having participated in two ATP Tour activities. A profession in Tennis brought Al-Khelaifi near the Emir of Qatar, Sheikh Tamim.

Tamin, who changed into the top of the sovereign wealth fund, entrusted his lengthy-time pal Al-Khelaifi with numerous senior jobs over the years in his organizations. In 2008, he changed into appointed as the chairman of the Qatar Tennis Federation. Three years later, Al-Khelaifi has become the chairman of Qatar Sports Investment, a subsidiary of the Qatar Investment Authority. Said to be really worth around £220 billion, it became designed to diversify country belongings away from oil wealth.

The organization decided to buy PSG in 2011, and Al-Khelaifi was right now made the Chairman and CEO of the membership. Since the takeover, PSG has ruled the French League or even the transfer marketplace, bringing in megastars to the membership. The club made Neymar the maximum high-priced transfer in football records by way of paying €222 million for him in 2017. They additionally controlled to signal Lionel Messi on a loose transfer at some stage in the summertime.

Despite all the spending, much like Manchester City, PSG is but to win the Champions League. Qatar Investment Authority who're the proprietors of Paris Saint-Germain is headed by way of a boss, Nasser Al-Khelaifi who's the president of the membership and also the Chief Executive Officer (CEO) of beIN Sports. The QIS is reportedly worth £220bn, making them the second richest owners inside the globe.

1. Saudi Arabia Public Investment Fund (Newcastle United) - £320 billion

After 14 years of Mike Ashley's tenure, Newcastle United is now owned through the Saudi state's investment fund, making them the richest membership in global soccer by way of a mile. The Saudi Arabian Public Investment Fund invests on behalf of the authorities of the country. After Ashley's negative reign on the membership, Newcastle enthusiasts may be positive of big spending in the transfer market, with the gulf nation one of the richest inside the globe.

The PIF boasts property really worth an amazing £320 billion, with stakes in agencies ranging from Softbank to Boeing, Facebook, and Uber. But while the possibility of large spending can be exciting, a few supporters are upset about the country’s appalling human rights report and are disappointed over the takeover.

Nevertheless, a new era has started for the Magpies and Newcastle could be eager to regain their former glory under Saudi ownership. Headed by using Saudi Arabia's Crown Prince Mohammed bin Salman who's understood to be really worth £320bn - which makes him the richest football club owner inside the globe,

The Crown Prince is the simplest 36-years-old and has been the Crown prince of Saudi Arabia on the grounds that 2017.