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20 minutes – Newcastle breaks the bank

Newcastle United, the club of the Swiss defender Fabian Schr will soon change owner. He will pass from the hands of the very critical Mike Ashley to the company PCP Capital Partners, administered by Amanda Staveley, and supported by the Public Investment Fund (PIF) of the royal family of Saudi Arabia.

Fans of the Magpies are smiling, they who have campaigned for years for a change of board. Under the Ashley era, which started in 2007, they have experienced two relegations to the Championship and have not seen their team in the Premier League Top Five since the 2011-2012 season.

Premier League still to approve

A takeover of 362 million francs has been finalized and it is only waiting for the approval of the Premier League. The Saudi group, led by crown prince Mohammed bin Salman, is said to have assets that total more than 314 billion francs. Which will make Newcastle one of the richest clubs in the world.

But that is not all. Just compare the Premier League ranking with that of the club owners’ fortunes!

The richest owners in the Premier League

1. Newcastle: Saudi Arabia Public Investment Fund, Mohammed bin Salman (314 billion Swiss francs)

2. Manchester City: Sheikh Mansour (28.1 billion)

3. Chelsea: Roman Abramovich (11.6 billion)

4. Arsenal: Stan Kroenke (8.2 billion)

5. Wolverhampton: Guo Guangchang (6.2 billion)

6. Aston Villa: Nassef Sawiris (6 billion)

7. Leicester: Aiyawatt Srivaddhanaprabha (5.5 billion)

8. Tottenham: Joe Lewis (4.7 billion)

9. Manchester United: The Glazer family (4.3 billion)

10. Southampton: Gao Jisheng (3.7 billion)

11. Crystal Palace: Joshua Harris (3.2 billion)

12. Liverpool: John Henry (2.5 billion)

13. Everton: Farhad Moshiri (1.8 billion)

14. Brighton: Tony Bloom (1.5 billion)

15. West Ham: David Sullivan and David Gold (1.4 billion)

16. Bournemouth: Maxim Demin (1 billion)

17. Sheffield United: Prince Abdullah bin Musa’ed (239 million)

18. Watford: Gino Pozzo (112 million)

19. Burnley: Mike Garlick (74 million)

20. Norwich: Delia Smith and Michael Wynn-Jones (27 million)

Soccer

(Sport-Center)

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