So it is no surprise that the game has become an attractive investment prospect for many millionaires andbillionaires across the world. The first who starts the richest football club owners, is a russian businessman by the name of Dmitry Rybolovlev who ranked in the past five years in Forbes top 200 wealthiest men around the world. Following are ownership structures of some of Europes leading football clubs: Listed on the stock market in Milan, the Agnelli family that founded the Fiat motor group remain the controlling shareholder at Juve, Italian champions for the past eight seasons. Who Really Owns Europes Top Football Clubs? Abu Dhabi United Group, the investment vehicle owned by Sheikh Mansour, has a stake of around 77%. He first became involved in Arsenal in 2007 before assuming majority control in 2011. Lets see who are they and what are they worth. The WFC Members are appointed by the ECA Executive Board based on a proposal by the WFC Chairman. Football is no longer a weekend hobby for the rich. They also won the Champions league in 2001 and 2013. The European football industry attracts the eye of the wealthy men from all around the world, making them the main investors in the European sport that generates the largest amount of money. The ECA Executive Board mandated PricewaterhouseCoopers (PwC) and LIUC University to carry out this work. Alierta spent more than 8 million ($8.6 million) to save the club, but failed to earn promotion. And even in this last bastion of how it used to be, Americans are also making inroads. The fan is the engine of our activity, all our work revolves around them, we work for them, - Miguel Angel Gil Marin speaking in January, 2021. Clubs were previously owned by an equally eclectic but less wealthy group, with proprietors ranging from porn barons to steel magnates. It is the sole such body recognised by the confederation, and has member clubs in each UEFA member association. The report is a collection of 54 ECA Member clubs CSR projects. The success of the car company allowed the Agnelli family to expand its investments into other sectors, includingfootball when they purchased Juventus in 1923. Hopp, who is reported to have invested nearly 400 million into Hoffenheim, is heavily criticised by football fans in Germany, but was notably to the fore in the searchfor a coronavirus vaccine in 2020. He only returned to the board in March after fans voted for him to lead the club out of the financial mess it has found itself in. Here are the top five European football clubs who have American owners. Chelsea's previous owner, Russian oligarch Roman Abramovich, had to Then it became millionaires, then billionaires and now sovereign states.. By James Masters. the last six. See who owns your favorite team and how rich is he! [19] It now covers all clubs that release players for national A-team matches listed on the International Match Calendar, including a FIFA commitment to insure the football tournament of the Olympic Games. As well as the money involved, success in football brings with it prestige and it is also a veryreliable way to elicit good will from the public at large. ecaeurope .com. An attempt to create a lucrative European Super League without the jeopardy of relegation and collapse of income much like the NFL failed in 2021, but it hasnt gone away. His extensive art collection includes works by Picasso, Matisse, Freud and Bacon. As part of the Memorandum of Understanding, UEFA also agreed to distribute every four years an amount from the UEFA European Championship to national associations for them to pass on to their clubs who have contributed to the successful staging of a European Championship. today settled over the takeover of the club by the consortium of P.A. Liverpool, the Premier League champions, won the Champions League in 2019 for the first time in 14 years, and were runners-up in 2018. June 9th, 2023, 1:56 PM PDT. In view of the increased amounts of benefits received by clubs, UEFA and ECA have elaborated a new distribution mechanism. The sovereign wealth fund of Saudi Arabia purchased an 80 per cent stake in Newcastle in October 2021 to complete a takeover that had been blocked by the Premier League just six months before. Russian billionaire Roman Abramovich bought the London club for a reported 140 million pounds in 2003 and they have since become a major force in the European game. Kroenke's company also owns MLS side Colorado Rapids, as well as a number of teams in other sports, including the Los Angeles Rams in NFL, Denver Nuggets in the NBA and Colorado Avalanche in NHL. In football, his main concerns are Bundesliga side RB Leipzig, Austrian club Red Bull Salzburg and MLS side New York Red Bulls. Who Really Owns Europe's Top Football Clubs? American billionaire and sports entrepreneur Stan Kroenke struck a deal to take full control of Arsenal in 2018 by buying out Russian rival Alisher Usmanov, valuing the English Premier League club at around $2.3 billion. So whats changed? The dream of taking the club to its old glory was unfeasible. In 1983, when I joined the board of Arsenal, it was the local businessman who invested in the club he loved, said David Dein, the former vice chairman of Arsenal in London. He waged a 15-year campaign against the Argentinian government over its bonds, which resulted in a $2.6 billion payout to Elliott Management. Singer's son Gordon runs the Elliott group's European investments and was directly responsible for negotiating the purchase of the club with former player Paolo Maldini. Twenty years ago, investment firms and sovereign wealth funds were absent from That is an evolution that we started to see over the last 10 years, and theres still runway for improvement.. Joan Laporta is a lawyer and politician who oversaw the club's most successful trophy-winning spell during his first term as president. The former prime minister bought AC Milan in the 1980s. Bundesliga side Hoffenheim may not be global players, but their owner Dietmar Hopp is an influential businessman in the software and data processing sector having helped to found SAP SE. [14], Youth Working Group: Chaired by ECA Executive Board Member Edwin van der Sar (Ajax), the Youth Working Group attempts to stimulate, develop and protect the grassroots of European club football. Francois Pinault founded luxury goods empire Kering. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. Kroenke Sports & Entertainment took full control of Arsenal in 2018. Submit on Despite it's golden history, the club has been in the doldrums for the past 10 years and was bought for less than expected. Mark Attanasio (18%)[64], Robins Trust (Cheltenham Town Supporters Society Ltd) (10%)[95], The Mariners Trust (14%) Mike Parker (11%)[115], As Manchester City are controlled by companies considered, As Newcastle United are controlled by companies considered, The direct parent company of the club was W.W. (1990) Limited, which was acquired by Prestige Century Holdings Limited; Prestige Century was a subsidiary of Fosun Management Holdings Limited; Fosun Management Holdings was a subsidiary of Fosun International; Fosun International, a listed company of Hong Kong, is a subsidiary of Fosun International Holdings, which was majority owned by, List of Super League rugby league club owners, "AFC Bournemouth acquired by Bill Foley-led partnership", "Meet Matthew Benham, a sports gambler who turned a loan of $700K into over $300 million", "The Football Rich List 2011/12: The Full 100", "Todd Boehly completes 4.25bn Chelsea takeover", "Premier League approve Todd Boehly-led takeover of Chelsea", "Palace and Chelsea to meet at Wembley who will Harris and Blitzer own by then? No way could I compete with Abramovich, Hall recalled. Partners for one point two billion euros. May 10, 2022 at 7:00 a.m. EDT. The memorandum was signed by ECA Chairman Karl-Heinz Rummenigge and UEFA President Michel Platini. Todd Boehly, who is buying English soccer club Chelsea, at the team's weekend . In September 2011, the European Club Association published its first Community & Social Responsibility (CSR) Report. Lewis owns a majority stake in Tottenham Hotspur. considering making a bid for Manchester United. Read by entrepreneurs, big tech, hedge funds, and more. Demetrios Pogkas, With assistance from (He was forced to sell the club following Russias invasion of Ukraine in 2022. Their investment was greeted with such hostility that hundreds of supporters gave up their season tickets and formed a new team called FC United. Kroenke married Walmart heiress Ann Walton in 1974 and later founded Kroenke Group in 1983, a property development firm. Billionaire Randy Lerner then owner of the Cleveland Browns also had a go with Aston Villa, buying the Birmingham club for the equivalent of about $110 million in 2006, selling it for $90 million a decade later, and spending about $400 million along the way. Suning has a monopoly on sports rights in China, owning exclusive access to all of Europe's "Big Five" leagues in England, France, Germany, Italy and Spain, but Zhang's company faces a liquidity issue that has led to suggestions he may need to find a buyer, and soon. Elections for the executive board for the 20172019 cycle took place at the General Assembly in Geneva in September 2017, the following elections took place in July 2021. A renewed Memorandum of Understanding for the period 20122018 was signed on 22 March 2012 between ECA and UEFA at the occasion of the XXXVI Ordinary UEFA Congress. Today, Deins former club Arsenal is owned by the holding company of Stan Kroenke. Manchester Citys Champions League final rival Inter Milan is owned by Chinese retail conglomerate Suning. [citation needed]. The majority of these companies sell multiple different clubs but . UEFA. 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Financial Fair Play Panel: charged with collaborating with UEFA in order to further elaborate, implement and assess the UEFA Club Licensing and Financial Fair Play Regulations. He sat down with Bloomberg Markets He also owns cycling, sailing and motorsport teams as well as Nice and Lausanne football clubs. Shortly after the announcement of the competition, Perez told Spanish TV channel El Chiringuito de Jugones that the league was required to "save football.". Football is no longer only a locally owned operation. Currently, there are close to 50 different golf club manufacturers in the golf market. Buying into a football club, but not getting the power to freely make decisions thats a very unattractive model for large investors, said Sascha Raithel, a marketing professor at Berlins Free University. Wananchi Reporting on the Citizen Digital App or Send an email to The programme enables participants to expand their knowledge on club football as well as sharing their personal experiences. Elite-level football is a lucrative business, with billions in revenue sloshing around clubs thanks to broadcasting contracts and corporate sponsorship deals. As well as Man City, Major League Soccer side New York City andA-League outfit Melbourne City are among the clubs in the City Football Group owned by Sheikh Mansour. Russian businessman Roman Abramovich caused quite a stir in 2003 when he injected millions into Premier League club Chelsea to help propel them along the path to success in England and Europe. And we tell we want to buy a great club, European football clubs are also a lot cheaper. April 19 (Reuters) - Following are the ownership details and Champions League records of the 12 top European clubs who announced on Sunday the launch of a breakaway Super League, and similar details on Paris St Germain and Bayern Munich, two major European clubs not taking part in the Super League: American billionaire and sports entrepreneur Stan Kroenke struck a deal to take full control of Arsenal in 2018 by buying out Russian rival Alisher Usmanov, valuing the English Premier League club at around $2.3 billion. That includes the likes of the Coates family at Stoke City, Mike Ashley at Newcastle and David Gold at West Ham United. Marin was found guilty of defrauding the club in 2004 but he avoided jail because of his clean criminal record. Stanley Kroenke is a US real estate mogul known for investments including the Los Angeles Rams NFL team and Denver Nuggets in the NBA. In addition, they drive membership engagement and communication across the organisation on key issues, challenges and opportunities. The legal bulletins aim to provide support and advice to clubs on how to deal with particular problems regarding training compensation, dealing with clubs in administration, third party ownership, etc.[citation needed]. investors, including Kane International CEO Jonathan Goldstein. (Source: Bloomberg). [12] On 7 May 2021, UEFA approved reintegration measures for nine clubs involved in that breakaway competition. Since becoming owner, Kroenke has become infamous among fans for his hands-off approach, earning him the nickname "Silent Stan.". You do own the Boston Celtics. The analysis shows how the worlds most popular sport morphed from an expensive bit of fun for local bigwigs into a serious play for power and profit. SMS to 25170 or WhatsApp on Beijing ICP prepared NO.16065310-3. He is the chairman and a shareholder of USM, a diversified Russian holding company. He has transferred that winning formula to Liverpool's Anfield stadium, overseeing the club's first league title in 30 years and the Champions League in 2019. CityLab Crypto Who Really Owns Your Football Club? the first team backed by a sovereign fund managers to take home. Jan. 18, 2020, 1:36 AM PST. The programme runs for over a year and a half, during this time there are six interactive seminars based around a different topic of club management in some of the top football venues around Europe. He chairs the International Petroleum Investment Company that controls $579 billion in assets and he inherited a share of his family's $150 billion dollar fortune amassed from the profits of oil production in the 1970s. fire for violating UEFA sphere play rules. Back in 2007, investors from Dubai attempted to buy Liverpool, only to lose out to US rivals. Last December, he acquired Bournemouth in a deal that valued the Premier League team at 120 million. A 20-year-old Brookline native who had caddied at TCC, Ouimet was fresh off a loss in the U.S. Club. Alux is the biggest resource for luxury and fine-living enthusiasts in the world who share knowledge and motivation daily to strengthen our community and become tomorrows billionaires. Part of City Football Group (CFG), majority-owned by Sheikh Mansour bin Zayed Al Nahyan, with Chinese investors led by media and entertainment group CMC Inc holding around 13% and private equity firm Silver Lake 10%. [4], At the creation of the European Club Association in January 2008, it was agreed that a transitional ECA Board would represent ECA and its 16 founding members until the next General Assembly met at the end of the season, when elections for a new executive board would be held. Jim Ratcliffe built his fortune through chemicals manufacturer Ineos. [18] A lot of sport leagues and competitions are able to maintain lucrative broadcast contracts, with which comes strong financial benefits for the teams involved, making them more and more appealing as a source of revenue for the new owners coming in, said Minal Modha, research director at Ampere Analysis, a data and analytics firm in London. [3] After the 2022 Russian invasion of Ukraine, the ECA suspended its seven Russian members - Zenit St Petersburg, FC Spartak Moscow, Lokomotiv Moscow, CSKA Moscow, FC Krasnodar, Rubin Kazan, and FC Rostov.[4]. The target distribution amount for Euro 2008 is 43.5million (US$62.8million), with the payments made on a "per day per player" basis of approximately 4,000. The European champions and Premier League leaders have been owned since 2010 by the Fenway Sports Group after a 300 million pound deal. Bill Foley, who made his money in finance, owns the NHLs Vegas Golden Knights. Instead, the cost of running a club has pushed out local investors and replaced them with some of the worlds richest pools of capital, who are buying clubs not only to make money, but also influence their global standing. The businessman behind Stockport County and Vita Group", https://en.wikipedia.org/w/index.php?title=List_of_owners_of_English_football_clubs&oldid=1161791761, Online Gambling, Property, Land Development & Investments, Flex-N-Gate Corp (automobile parts manufacturer), Renhe Commercial Holdings Company Limited, This page was last edited on 25 June 2023, at 03:13. Details on the investor behind Saints' new owners", "Who is Kyril Louis-Dreyfus? the Oranienbaum palace in St. Petersburg,construction of the St. Nicholas Russian Orthodox Church in Limassol and other donations to churches and monasteries to be constructed or rebuilt. Opinion Americans may not be the stars of European soccer. Exclusive news, data and analytics for financial market professionals, Compiled by Shrivathsa Sridhar in Bengaluru; Editing by Hugh Lawson, Elton John's Glastonbury triumph attracts 7.3 million TV viewers, Elton John enthralls Glastonbury in final UK show, Musk will train if Las Vegas martial arts cage match takes hold, Officine Generale loosens classic styles at Paris Fashion Week, Dior's Kim Jones sends models rising up from the floor at Paris Fashion Week. By that . So, we made them ourselves. RB Leipzig is backed by Austrian energy drink maker Red Bull GmbH. By 2014, after an historically successful run despite its modest resources, the Spanish club was close to liquidation. While the size of Deins stake rose and fell in the following years, by 2007 he sold his remaining 14.58% to Russian oligarch Alisher Usmanov for a reported 75 million. Arsenal were runners-up in the Champions League in 2006 but have never won the competition. Chelsea won the Champions League in 2012 and were runners-up in 2008. Some new owners are deploying sporting assets as a diplomatic tool. Silvio Berlusconi became one of Italys most influential people through his media business. The aim of this publication was to present the beneficial work of European football clubs in the field of CSR. China Media Capital and CITIC Group (1%)[26][27], Banda Venkatesh Rao Banda Balaji Rao[48], Michael Wynn-Jones (53%) All quotes delayed a minimum of 15 minutes. The European Club Association ( ECA) is a body representing the interests of professional association football clubs in UEFA. Below, we track all the signings who have joined the SPL from a European club since the changes were announced on June 5. But their investments have funded the construction of world-class stadiums, employed the best talent and harnessed lucrative sponsorship deals and marketing rights that generate thousands of jobs and provide entertainment for billions globally. Giampaolo Pozzo is the owner of Serie A outfit Udinese, whilst his son Gino owns Premier League side Watford. [14], Legal Advisory Panel: tasked with bringing together legal experts and arbitration members of ECA Member Clubs in order to share expertise and knowledge and act as a mediator for any Member Club dispute.[15]. Manchester United supporter groups have protested regularly against the Glazers because the club has been saddled with debt. Owner or major shareholder as of June 7, by type, Eagle Football; Josh Harris and David Blitzer, Borussia Verein fr Leibesbungen 1900 eV, Stake: 67% (includes BV Borussia eVs 4.6% stake), Jose del Nido and partners; Carrin family and Sevillistas del Nervion, Stake: No single person owns more than 10%. Whether the English team wins or loses in the Champions League final this weekend, its probably a matter of when not if that happens. Heres a look at a selection of billionaire owners. Elton John's masterclass in big-stage entertainment at Glastonbury on Sunday pulled in 7.3 million television viewers for a show packed with hits like "Tiny Dancer", "Rocket Man" and "Your Song" in his swansong performance in Britain. Benfica), Michael Gerlinger (FC Bayern Mnchen), Michael Verschueren (Anderlecht), Niclas Carlnn (Malm FF) and Peter Lawwell (Celtic). Bloomberg News looked at Europes top five domestic leagues to uncover how the ownership across 98 clubs has changed since 2005, when the Glazers completed their takeover of Citys rival Manchester United for close to $1 billion including debt. Al-Khelaifiis also the chairman of the beIN Media group, which broadcasts a variety of sports, and he was the mastermind behind the world record 222 million (198m/$263m) transferof Neymar from Barcelona to PSG. Women's Football Committee: Created in 2013, the overall objective of the Women's Football Committee (WFC) is to act as a platform where issues related to women's women's football, be it on a European or on a worldwide level, are discussed.
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