Who are the billionaires that own Premier League clubs?
Nov 18, 2024
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Matt Slater and Phil Buckingham, both reporters for The Athletic, delve into the evolving landscape of Premier League club ownership. They discuss the shift from local to foreign investments, highlighting the profound impact of Gulf wealth on teams like Manchester City. They also explore the financial dynamics of ownership, revealing how investment strategies vary among clubs and the implications of rising valuations. Tune in for insights on how billionaires are reshaping English football's competitive scene.
The shift from predominantly English ownership to a majority of foreign investors has transformed the financial landscape of Premier League clubs.
American investors are increasingly buying into Premier League teams, viewing them as lucrative assets in the global sports market.
Deep dives
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Evolution of Premier League Stakeholders
The ownership landscape of the Premier League has significantly evolved since its inception in 1992, originally dominated by English owners. The early years saw local clubs owned by Englishmen, with only one international owner present. However, the takeover by foreign investors, starting notably with Roman Abramovich at Chelsea, marked a turning point, leading to increased financial power and international interest in English football. Today, the ownership dynamics have shifted dramatically, with a majority of clubs having foreign investments and only a handful remaining under British control.
Emergence of American Investors
American ownership in the Premier League has surged, reflecting a strategic investment trend that aligns with the growing international profile of the league. Less than two decades ago, American ownership was virtually nonexistent, but now it includes a significant number of teams, showcasing their interest in the lucrative potential of English football. This shift is largely attributed to the perception of Premier League clubs as valuable assets in the global sports market. The trend suggests that American investors are increasingly looking at football not just as a passion but as a profit-driven opportunity.
Financial Implications of Ownership Changes
The financial landscape of Premier League clubs has become complex as new owners focus on maximizing returns through long-term investments and operational efficiency. Many clubs, despite losing money in the short term, are viewed as appreciating assets, with values skyrocketing due to heightened global interest and broadcasting revenues. The potential for profits lies in leveraging associated business opportunities, including merchandise, infrastructure, and real estate around stadiums. Investors are recognizing that the value of clubs can evolve as they realize these financial opportunities, making ownership attractive despite the current losses.
This week across The Athletic we’re focusing on the people that own the 20 clubs that make up the Premier League.
So who are they? How much does it cost? and what do they get in return?
Ayo Akinwolere is joined by Matt Slater and Adam Crafton is assess and debate how the nature of Premier League ownership has changed since the league's inception.
Phil Buckingham also drops in to discuss his article on how much each ownership group has invested since taking control of their respective clubs as well as the impact the likes of Abu Dhabi's wealth has had at Manchester City.
Host: Ayo Akinwolere
With: Matt Slater, Adam Crafton and Phil Buckingham