As we already know, football belongs to the list of sports that produce the biggest income and creates an amazing opportunity for owners to advertise their companies. The salaries in football have also always been pretty high in comparison with earnings in other sports. However, it was during the last two decades when spending on transfers skyrocketed.
Although, the fans are focused on results and emotions that come with every round of Premier League. But does anyone wonder where the money comes from? We did so and even found out some more details so that you can learn them from us.
Mansour bin Zayed Al Nahyan (Manchester City)
Manchester City’s modern history begins in mid-2008. At that time, Sheikh Mansour bin Zayed Al Nahyan, a member of one of the wealthiest families in the world, Al Nahyan (their net worth is estimated at $ 150 billion), fulfilled one of his whims. He did so by buying a football club. Sheik Mansour, brother of Khalifa – president of the United Arab Emirates and “ruler” of Abu Dhabi, paid £ 210 million for 90 % Manchester club shares.
Regardless, the investment did not turn out interesting enough to attract Mansour to the stadium. Though, he appeared on it only two years after taking over the club, at the City match with Liverpool. The reluctance to watch Manchester matches from the stands he made up for with money.
In just two years, he allocated over 300 million pounds for transfers. Although at the beginning of his ownership, City did not succeed in many tournaments, over time, we all know how it turned out.
Roman Abramovich (Chelsea London)
Roman Abramowicz is one of the richest people in the world. He is one of the wealthiest men born in Eastern Europe. Forbes valued his assets at USD 8.3 billion (in 2016). He came to a vast fortune in the first half of the 90s, thanks to the business conducted together with Boris Bierezowski.
For many years he was the owner of the Sibneft oil company, but in 2005 he sold it to Gazprom. He belonged to the so-called of the Kremlin group during the time of Boris Yeltsin that also gave him significant power.
He bought Chelsea London in 2003 for around $400million. His investment has had a massive impact on football in England and the Premier League. Thanks to his money, Chelsea has been going through the best years in the club’s history.
Stan Kroenke (Arsenal London)
Stan Kroenke is an American business entrepreneur belonging to the list of 400 richest people in the world prepared by Forbes magazine. His wife, Ann Walton, is the heir to the Wal-Mart supermarket chain.
Kroenke is the owner of the Denver Nuggets basketball team, the Colorado Rapids football team, and the Colorado Avalanche hockey team. He is also the main shareholder of the English football team – Arsenal F.C. and owns a 40% stake in the American football club Los Angeles Rams.
Such diverse involvement in the sports industry does not disturb him when it comes to Arsenal. Although, talking about London’s team, we cannot omit the second stakeholder who has even bigger net-worth Alisher Usmanov.
Vichai Srivaddhanaprabha/ The Srivaddhanaprabha family (Leicester United)
Thai businessman, billionaire, founder, owner and president of King Power duty-free chain stores. Since, 2010 until his death he was the owner of the Leicester City FC football club. After his death, the club’s shares passed into the hands of his family.
He started his businessman career in 1989 from a duty-free shop in Bangkok. In 2010, already as a billionaire, he bought the English football club Leicester City F.C. Thiss stadium was renamed in February 2011 from Walkers Stadium to King Power Stadium.
In the 2015/2016 season, Leicester City F.C. sensationally won the title of England champion, although before the season the bookmakers gave chances in a scale of 1/5000. On this occasion, Srivaddhanaprabha presented 19 footballers with BMW i8. He is also known for supporting numerous charity campaigns.
The Glazer family (Manchester United)
Head of the Glazer family – Malcolm Glazer American of Jewish descent, billionaire, owner of sports clubs until his death he was the main shareholder in Manchester United actions. He had controlling shares in the English football team Manchester United, which he took over in 2005 and the American football team Tampa Bay Buccaneers.
He was the president and CEO of the international holding company First Allied Corporation. After his death, the two owners became the leading owners. They had already occupied significant positions on the board before – Avram and Joel.
Malcolm Glazer was undoubtedly a controversial owner. Before he came to Manchester, his knowledge about football was not even close to sufficient to own a whole team. He had also already been known for his greed what bothered United’s fans, but after taking ownership, all doubts soon disappeared.
John W.Henry (Liverpool)
John W. Henry took over Liverpool FC from his countrymen Tom Hicks and George Gillett in October 2010. When he dismissed the coach and the legend of the club Kenny Dalglish two years later, the English media widely criticised him.
Newspapers would write comments that there were more arrogant Americans who are entirely ignorant of football (which was pretty common back then since other new owners from America were not successful) are taking over in the legendary clubs.
The first transfers were not successful, and Henry and FNG apologized to the fans in an open letter. Over time, however, his actions proved to be very effective, and today Liverpool are fighting again for the highest goals.
Football is a cheap sport only for amateurs. You need only a ball, goal and eager people to play. However, it all changes in professional sports when money determines the success.