How Premier League owners made their money – the Athletic
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Football is the ultimate team sport. But when you look at the Premier League table, the main reasons why teams are there and who aren’t, rising high and battling relegation, are largely related to a small number of individuals.
It’s not the players or the managers, but the club owners – many of whom are barely known beyond a diehard fan base – who play the biggest role in determining long-term success and failure. long-term Premier League clubs.
Business acumen and a passion for the club are nice to have, but deep pockets are nicer, many clubs constantly lose large sums of money but are supported by wealthy benefactors. Eleven of the top clubs reported a loss in 2019-2020 compared to four in 2018-19.
Here we will see how the owners of the 20 Premier League clubs made their money, in large part thanks to the extensive reporting from our dedicated club journalists.
Some stories you may be familiar with, like Roman Abramovich who bought shares in newly privatized industries when the Soviet Union collapsed. Others might not, such as the rivalry between two former colleagues in the sports betting industry who now own Brentford and Brighton.
They come from industries as diverse as banks, malls, duty-free shops, cookbooks, nitrogen fertilizers, and porn magazines, from the United States to Thailand, from China to Norfolk, and these are almost exclusively men. Some are loved; others less. Some have invested a large part of their personal wealth; others are looking for a way out.
Articles about very wealthy people often focus on their ânet worthâ – an individual’s total wealth, including assets and liabilities – but we’ll avoid this for two main reasons.
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