Updated list of top 10 Premier League richest owners
An updated list of the Premier League richest owners has just been published.
No surprise to see very wealthy people from both home and abroad attracted to the English Premier League, taking into account the kudos and of course the possibility of adding to their vast fortunes.
It is Turnstyle Sport who have published this new top ten and here are the rankings starting with the tenth richest:
£1.0 billion John W Henry (Liverpool)
£1.4 bn Vichal Srivaddhanaprabha (Leicester)
£1.9 bn Katharina Lienherr (Southampton)
£2.4bn Ellis Short (Sunderland)
£3.0bn Glazer family (Man Utd)
£3.5bn Mike Ashley (Newcastle United)
£4.0bn Stan Kroenke (Arsenal)
£4.9bn Joe Lewis (Spurs)
£5.3bn Roman Abramovich (Chelsea)
£20.0bn Sheikh Mansour (Man City)
Those quick off the mark may have noticed that this top ten includes the owners of all the Premier League clubs who finished in the top 10 of the Premier League last season.
All seven sets of owners investing serious money in recent seasons on the playing side to set their clubs up for future success, on and off the pitch.
Outside those seven you have Leicester, who since promotion have seen their owner invest £16m net on new players last season and £18m net spending so far this summer.
Down the road on Wearside, Sunderland have ran into big problems with FFP (Financial Fair Play) because Ellis Short handed over relatively large sums of money for the likes of Martin O’Neill, Steve Bruce and Roy Keane to fritter away in the transfer market.
Which leaves us with Mike Ashley.
Taken in isolation, the net £31m spent on Mitrovic, Mbemba and Wijnaldum (Santon sold for just under £3m this summer) looks competitive but overall a failure in past windows to properly invest in the squad, has left Newcastle seriously short in terms of having enough quality players to compete.
It may be early days but form team Leicester appear to be already reaping the benefits of their owner’s investment over the past 13 months, playing attractive football and a maximum six points.
For very different reasons Newcastle and Sunderland are looking the poor relations on the pitch of this top ten, Mike Ashley has it within his power to invest now and both he and the fans to reap the benefits.
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