However you paint it, the Premier League is a rich man’s game.
And Newcastle are set to sit at the top of the table after the club received a boost in their buyout offer.
A £ 300million deal was struck in April 2020 for Ashley to sell the Magpies to a consortium led by Amanda Staveley, ending her controversial tenure at the club.
The Premier League has rejected the consortium over concerns about the Saudi state’s relationship and the alleged TV piracy.
However, the deal finally looks set to be made soon after it was announced that Saudi Arabia was considering lifting its ban on broadcaster beIN SPORTS.
But where do the new owners proposed by Newcastle come from? to rank against the billionaires of the best high-flying English clubs?
Find out for yourselves below with the figures of List of the richest sports club owners in Olbg…
20. Brentford – Matthew Benham (£ 3million)
Bee owner Benham saved the club from financial ruin before helping fund Thomas Frank’s side who got promoted to the Premier League.
The childhood Brentford fan took full control of the club in 2012 and made his money from the gambling companies.
Benham also owns Danish club FC Midtjylland after becoming the club’s majority shareholder in 2014.
19. Norwich – Delia Smith and Michael Wynn-Jones (£ 23million)
The husband and wife couple have been joint majority shareholders of the Canaries since 1996.
Delia Smith made a name for herself as a food writer, author and television personality while Michael Wynn-Jones came from the publishing industry.
18. Burnley – Mike Garlick (£ 62million)
Garlick became the club’s sole president in 2015 when co-president John Banaszkiewicz resigned.
He is the founder and CEO of Michael Bailey Associates, a project management and consulting firm.
17. Watford – Gino Pozzo (£ 93million)
Gino is the son of Italian businessman Giampaolo Pozzo, who earned his money from the family business, toolmaker Freud.
The Pozzo family bought Watford from Laurence Bassini in 2012 and Gino has full ownership and control of the club.
16. Leeds – Andrea Radrizzani (£ 344million)
Italian businessman Radrizzani bought an initial 50% stake in Leeds United in January 2017, before taking full control from former owner Massimo Cellino four months later.
Radrizzani made a large chunk of his fortune with his investment firm Aser Ventures, which he launched in 2015.
The 47-year-old is also very interested in the existing sports, media and entertainment industry, most notably through international sports broadcaster Eleven Sports.
15. Brighton – Tony Bloom (£ 765million)
Bloom became president of the Seagulls in 2009 and during that time oversaw their rise from League One to the Premier League.
He is believed to have acquired most of his wealth from online gambling and gambling sites.
Bloom also finished fourth at the World Series of Poker in 2005.
14. West Ham – David Sullivan and David Gold (£ 1.62 billion)
Sullivan, who according to the Sunday Times Rich List is worth £ 1.15 billion, made his fortune in the porn industry and previously owned Daily Sport and Sunday Sport.
Gold (£ 470million) owns Gold Group International, Ann Summers’ parent company, and he previously co-owned adult magazine company Gold Star Publications with his brother.
Gold and Sullivan acquired a 50 percent stake in Western ham in January 2010, then bought an additional 10 percent a few months later.
13. Everton – Farhad Moshiri (£ 1.9bn)
Moshiri was previously involved with Arsenal but sold his stake in the club to finalize the buyout of Everton, which was officially confirmed in February 2016.
He owns and holds shares in several steel and energy companies in the UK and Russia.
12. Liverpool – John Henry (£ 2.14 billion)
Henry’s company, Fenway Sports Group, bought Liverpool in 2010 and he also owns the Boston Red Sox.
The American founded John W. Henry & Company, an investment management firm.
11. Southampton – Gao Jisheng (£ 2.3 billion)
Jisheng became the majority owner of the Saints in 2017 when he struck a £ 210million deal.
He was the founder of Lander Sports Development until last year when he sold enough shares to lose control of the real estate company.
10. Newcastle – Mike Ashley (£ 2.5bn)
Ashley remains in charge of Newcastle United, despite recent takeover talks over an ongoing change of ownership.
The British businessman is one of the Premier League’s oldest owners, having bought the Magpies in 2007.
Ashley made the majority of her small fortune through her company Sports Direct.
9. Leicester – Aiyawatt Srivaddhanaprabha (£ 2.9 billion)
The 36-year-old, known as Top, became CEO and chairman of King Power and chairman of Leicester when his father died in a helicopter crash outside the club’s stadium in 2018.
8. Crystal Palace – Joshua Harris (£ 3.36 billion)
Harris owns an 18 percent stake in Palace in addition to being the major shareholder of the NHL team, the New Jersey Devils, and the NBA team, the Philadelphia 76ers.
He co-founded Apollo Global Management, one of the world’s largest investment firms.
7. Manchester United – The Glazers (£ 3.5 billion)
Malcolm Glazer gradually bought back shares in the club between 2003 and 2005 to finalize his buyout.
He made his fortune in real estate, banking and healthcare before his death in 2014. His sons, Avram and Joel, have since become co-chairs.
6. Tottenham – Joe Lewis (£ 3.6bn)
English National Investment Company, of which Lewis owns 70.6 percent, bought a controlling stake in Tottenham in 2001 from Alan Sugar.
He is the largest investor in the Tavistock Group, which owns more than 200 companies ranging from sports teams, energy companies, restaurants and luxury properties.
5. Wolves – Guo Guangchang (£ 4.5 billion)
Guangchang completed its takeover of the club in 2016 and made a serious investment in the team.
He is chairman of the Fosun group and has invested in insurance, pharmaceuticals, healthcare, real estate, steel, mining, retail, services and finance.
4. Aston Villa – Nassef Sawiris (£ 5.3 billion)
Sawiris replaced Tony Xia as owner of the Villa in July 2018 when he bought a controlling 55% stake in the club.
He belongs to one of the richest families in Egypt and owns many construction, engineering and construction companies.
3. Arsenal – Stan Kroenke (£ 6.35 billion)
Kroenke married Walmart heiress Ann Walton in 1974 and then founded Kroenke Group in 1983, which is a real estate development company.
He first got involved with Arsenal in 2007 before taking majority control in 2011.
Kroenke also owns the LA Rams NFL team, which he moved from St Louis in 2016.
2. Chelsea – Roman Abramovich (£ 9.6 billion)
Abramovich bought Chelsea for £ 140million in 2003 and oversaw a huge investment in the team which brought great success to the club.
He sold his stake in Russian gas company Gazprom in 2005 and holds stakes in steel and nickel companies among his other businesses.
1. Man City – Sheikh Mansour (£ 22.9 billion)
Mansour is the Deputy Prime Minister of the United Arab Emirates and half-brother to the current President of the United Arab Emirates, Khalifa bin Zayed Al Nayhan.
He is chairman of International Petroleum Investment Company and also owns a stake in Virgin Galactic.
He is also the owner of the Abu Dhabi Media Investment Corporation.
Mansour finalized the club buyout in 2008 and has invested heavily in the club.
Since becoming the owner of Man City, they have won five Premier League titles.
Where will Newcastle’s new owners be after the takeover?
The incoming £ 300million deal to allow the Saudi Public Investment Fund to take over would put them at the top of this list with an estimate Net worth of £ 320 billion.
The consortium is backed by Saudi Arabia’s Crown Prince Mohammad Bin Salman, the country’s second most important post after the king.
The 36-year-old is also the country’s defense minister and deputy prime minister and has a reported personal fortune of over £ 2.5 billion.