Stakeholders and owner entrepreneurs from Premier League clubs have ensured their teams are making more profit than ever before – even if it means using money from their own pocket.
Deloitte’s Annual Review of Football Finance had a lot to say about the sterling benefitting English Premier League clubs in relation to their European counterparts. And while much emphasis was placed on Manchester United and its record revenue of £515.3m, we instead focus on Chelsea – eighth on Deloitte’s money list.
The reason is simple. Chelsea also made it onto another list – one compiled by SBO. The company sought to find out which Premier League owners invested the most in their team. Having evidently secured itself a hefty profit, it’s no surprise that Chelsea owner Roman Abramovich topped SBO’s list.
With a net worth of £5.7bn in 2016, Abramovich has done a lot of investing since buying the club in 2003 – even going so far as to pay from his own pocket.
For example, Abromovich has been in the news for suggesting he would personally fund the expansion of the Chelsea team’s “home” into a 60,000-seater stadium – an endeavour that would cost him £500m.
The Telegraph also claimed he would “bankroll an overhaul of the Chelsea squad if the players couldn’t convince head coach Antonio Conte they could compete for major honours once again.”
For those interested, the Russian spent £2bn on his Premier League team, with the next contender for “top investor” – the Glazer family – spending £8m. Liverpool’s John Henry, Ellis Short and even the government of China, made their stamp on SBO’s list as well.
Of course, the company collated its findings into a nifty infographic, so you’ll need to scroll down to see which 11 Premier League club owners made the list – and how much they invested.