Arab influence continues to knock on the door of European football and it is now Newcastle that joins the list of the richest football clubs in the world .
Everything seems to indicate that in European football there will be a new club capable of carrying out ambitious projects at an economic level and that will very surely threaten to face the greatest in the different tournaments to be played. Photo: Flickr-U.S. Department of State, AM Spindelegger
LatinAmerican Post | Theoscar Mogollón González
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Leer en español: Estos son los propietarios de clubes de fútbol más ricos del mundo
The years continue to pass and football, like everything in life, continues to evolve by leaps and bounds. Proof of this has not only been seen at a technological level with implementations such as VAR, but also with the investments that several billionaires have decided to make in recent decades when buying teams such as Manchester City or PSG. But what is behind those club owners who are the richest in the world? Can economic power triumph over sports?
When reviewing the recent history in this discipline, we can realize that money does not always translate into titles, but it certainly is of great help to put together large projects. The constancy of clubs such as Chelsea, current Champions League champion; or the strategic intelligence of the City Group, owner of several soccer teams around the world, have been models of inspiration for the Saudi Arabia Public Investment Fund to also enter this world once it acquired 80% of the shares of Newcastle from the Premier League of England.
Everything seems to indicate that in European football there will be a new club capable of carrying out ambitious projects at an economic level and that will very surely threaten to face the greatest in the different tournaments to be played. In addition, little by little the Middle East begins to take space in a discipline that also has billionaires from Asia and the same old continent. Will they get the expected results?
Top 5 richest owners if Newcastle's takeover goes through:— BabaIjebu (@playbabaijebu) October 7, 2021
Saudi Arabia Public Investment Fund (Newcastle): £320bn
Sheikh Mansour (Man City): £23bn
Dietrich Mateschitz (RB Saltzburg): £16bn
Andrea Agnelli (Juventus): £11bn
Roman Abramovich (Chelsea): £10bn pic.twitter.com/MvNwH6sSKW
Soccer moguls in Europe
Faced with the news of the acquisition of Newcastle United for more than 300 million pounds by the Saudi family, The Sun newspaper recently published the Top 10 of the richest football club owners in the world. The last two places are held by businessmen from China : Guo Guangchang (£ 5.2 billion) , owner of a major Chinese conglomerate and the English club Wolverhampton; and Zhang Jindong (6.2 billion) who acquired the majority of Inter Milan's shares in 2016.
Next on the list are Nasser Al-Khelaifi (6.5 billion) , who in 2011 became president of Qatar Sports Investments, a group that later bought PSG; Stan Kroenke (6.8 billion) , founder of a real estate development group and whose sports properties include the Arsenal of England; and Philip Anschutz (8.1 billion) , the oldest of all at 81 years old and one of the founders of the MLS, a league in which his club Los Angeles Galaxy participates. How much will the Top 5 be valued?
The Russian mogul was arguably the first visionary in European football , as since his arrival in London in 2003 he has greatly appreciated Chelsea FC. In the 1990s, Abramovich began to amass his fortune with business from the oil trade, eventually founding one of the largest companies in Russia: Gazprom Neft. As of today, their numbers reach 9.6 trillion pounds.
The Agnelli family is one of the richest and most powerful in all of Italy, and part of that continues to be demonstrated with properties such as Fiat and Juventus of Turin. Precisely, Andrea is the son of the former president of the bianconeri team, Umberto, and also the fourth member of the family to direct it. In 2010, he assumed command of the club that has since won 9 Serie A titles. Currently, Andrea Agnelli's fortune is 11 billion.
The story of this Austrian businessman is as phenomenal as it is incredible. His fortune, which today reaches 15.7 billion, is due to the famous energy drink Red Bull, which is originally from Thailand and which he discovered in the 80s and then expanded it internationally. Part of those profits were invested in sports, first in Formula One, then sponsoring extreme sports, and finally to found the clubs RB Salzburg and RB Leipzig.
The foray of the Middle East into European football is owed to Sheikh, one of the members of the Abu Dhabi royal family and current minister for presidential affairs of the United Arab Emirates. In 2008, his journey began when he bought Manchester City, which gradually became one of the most powerful clubs in England. Five years later, he founded the City Football Group, a company that manages several football clubs around the world. Until a few weeks ago he was the richest homeowner in the world with a fortune of £ 23.3 billion.
Mohammed bin Salman
Newcastle United will be the center of much news from this 2021 thanks to the Public Investment Fund of Saudi Arabia. This entity is in charge of investing on behalf of the government of the country and for this occasion they have decided to enter the world of football as other sheiks have done. Although Yasir Al-Rumayyan is the president of the Public Investment Fund of Saudi Arabia, all economic power rests with Mohammed bin Salman, crown prince of Saudi Arabia whose fortune exceeds 320 billion.