The Premier League in England is one of the most lucrative sports leagues in the world. Television deals, players’ wages, and interest across the globe have all exploded over the last decade.
Due to the increase in live streaming, which you can read more about in this article of https://insightssuccess.com, more people can now watch Premier League football outside of the UK.
With just 20 teams in the Premier League, there are only so many clubs that can be purchased. Some of the wealthiest people around the world are exploring the option of snapping up one of those teams.
Liverpool and Manchester United May Be Up for Sale Soon
Both Liverpool and Manchester United have American owners, but those two clubs could be up for sale in the near future. Fenway Sports Group (Liverpool) and the Glazer family (Manchester United) have announced they are looking for investment in their football clubs.
It is unknown at this stage if either owner would welcome an offer for full control of their club, but if the offer was right, they might find it hard to turn down. Manchester United have not won the Premier League title since 2016, but they remain one of the most successful football clubs in the world commercially.
LIVERPOOL WINS THE 2019 CHAMPIONS LEAGUE! 🔴 pic.twitter.com/972pNnn1Br— Bleacher Report (@BleacherReport) June 1, 2019
Liverpool, on the other hand, has triumphed domestically and in Europe in recent years. They won the Premier League in 2020, while in 2019, they landed the Champions League trophy, the premier competition in Europe, beating Tottenham Hotspur in the final in Madrid.
As reported on www.cnbc.com/, Saudi Arabia’s sports minister has gone on record stating that the Saudi government would support price sector bids for either club from their country. Given the history both clubs have, there is likely to be a long list of potential bidders, which could ramp up the price of a sale.
Manchester City has had Repeated Success Since the Takeover
Premier League champions Manchester City are owned by the City Football Group – the Abu Dhabi United Group has an 81% majority share in the business. They took over the Premier League club in 2008. Since then, they have established City as one of the most successful clubs in Europe.
City is now able to attract the biggest names in the sport to their club. In Pep Guardiola they have one of the most highly regarded coaches in the sport in charge, while their squad is full of international stars such as Kevin de Bruyne, Bernardo Silva, and Riyad Mahrez.
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Although City’s owners have spent over £1.5 billion on players since taking over in 2008, they are now making money. In the 2021/22 campaign, they finished the year with a revenue of £612 million and £41.7 million profit.
Newcastle United Latest Club to Benefit from New Ownership
In October 2021, Newcastle United became the latest Premier League club to change owners. They were bought by the Public Investment Fund, which is the sovereign wealth fund of Saudi Arabia. After this deal was completed, it made Newcastle one of the richest sports clubs in the world.
YOU MAAAAAAGGGGGGSSSSS!!!!! pic.twitter.com/pCSwnSunDN— Newcastle United FC (@NUFC) November 12, 2022
Newcastle is already showing signs of benefiting from this move. The squad was invested in back in the summer transfer window, and the Magpies have got off to an excellent start to the 2022/23 Premier League campaign. When the league paused for the World Cup, they were in third place in the standings. If they remain in the top four at the end of the season, it will be the first time they have qualified for the Champions League since 2003.
The club, based in the North East of England, has ambitious plans for the future. They will be hoping to attract some big players in the upcoming transfer windows. With the backing they now have, they are likely to be able to outbid most clubs in Europe for players.
Expect to see interest increase in other Premier League clubs over the next few years. It may not be long before all 20 clubs have hugely wealthy owners, mirroring the NFL in the United States.