Premier League’s richest owners
Here is the full list of all 20, courtesy of BristolLive:
Chelsea: Roman Abramovich – £8,597,120,000
Arsenal: Stan Kroenke – £6,754,880,000
Fulham: Shahid Khan – £5,833,760,000
Wolves: Guo Guangchang – £5,296,440,000
Spurs: Joe Lewis – £3,838,000,000
Manchester City: Mansour bin Zayed Al Nahayan – £3,761,240,000
Leicester City: Vichai Srivaddhanaprabha – £3,761,240,000
Manchester United: The Glazer Family – £3,607,720,000
Crystal Palace: Joshua Harris – £2,916,880,000
Newcastle United: Mike Ashley – £2,609,840,000
Liverpool: John W Henry – £1,995,760,000
Everton: Farhad Moshiri – £1,304,920,000
Brighton: Tony Bloom – £1,200,000,000
Southampton: Gao Jisheng – £1,074,640,000
Cardiff City: Vincent Tan – £629,432,000
West Ham United: David Gold/David Sullivan – £642,922,475
Huddersfield: Dean Hoyle – £361,387,125
Watford: The Pozzo Family – £304,326,000
Bournemouth: Maxim Demin – £100,000,000
Burnley: Mike Garlick/John Banaszkiewicz – £60,868,000
It just goes to show the insane amount of money involved in football nowadays. Arsenal have one of the richest owners in the league, which should mean they don’t have to worry about financial restrictions so much. Kroenke is far from the only billionaire owner of an English club. In fact, only six of the 20 teams in the country’s top division are owned by someone worth less than that billion pound mark.
Arsenal fans had been dealt a huge blow, after Unai Emery admitted the club have no money to spend in the transfer window. And it has now been revealed just why the Gunners have had to tighten the purse strings. The North London club agreed with Barcelona over the proposed loan signing of Denis Suarez. It came as a surprise to the clubs fans, given that the club are among the wealthiest in the Premier League. So just why are Arsenal not buying players?
The club’s Managing Director, Vinai Venkatesham, said in October: “We have a self-sustaining business model at this club. That means all the investments we make on the pitch are funded by the revenues we generate off the pitch. “And we’re really confident we can be successful with this model. The ambition we have for this club is completely possible to be achieved in the business model that we’ve got. “We’ve got a really clear ambition and that is to win the biggest trophies in the game. We want to do that in our way, respecting our values, history and traditions.”
According to a study conducted by football finance expert Swiss Ramble , Arsenal are a long way off their rivals when it comes to spending power. The study shows the difference between how much of their owner’s money each club has spent since 2008. Manchester City top the table, with the super-rich Shekih Mansour bin Zayed Al Nahyan handing a staggering £1.275billion to the Citizens