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From Manchester City to PSG: Five Major Football Clubs who have owners of Gulf Countries

The footballing ownership has taken a radical eastern shift in recent decades. Since the turn of the twenty-first century, we have witnessed numerous investments in European football clubs from middle-east Asia.

The world of football has witnessed a major influx of money courtesy of the royal family and other billionaire investments from the financially rich Gulf countries.

Man City

Since the turn of the century, many businessmen in the middle-east nations have focused on investing in many European clubs, who have gone on to find massive success driven by the strong financial backing from their owners.

According to various reports, Premier League giants Manchester United are also on the verge of a change in ownership as Sheikh Jassim Al-Thani, the son of Qatar's Emir Sheikh Tamim bin Hamad Al-Thani, is looking likely to own the Red Devils.

If the Qatari royals can acquire Man United, it will be a monumental coup in football's history. But even without them, there are many Gulf owners already across the major leagues in Europe, who have stakes or full ownership of many clubs.

Here we take a look at five major European clubs who have owners from Gulf and Arab countries-

Malaga CF

Sheikh Abdullah Bin Nasser Bin Abdullah Al Ahmed Al Thani, a member of the Qatari royal family bought the Spanish club Malaga in 2010. After the acquisition, Malaga saw a momentary upsurge which even took them to the UEFA Champions League knockout stages.

Despite the early upsurge, things went bleaker very fast and their fortunes took a massive downward turn. The Spanish club has declined since and currently plays in the second division of Spanish league.

Aston Villa

English Premier League club Aston Villa have Egyptian billionaire Nassef Sawiris as the owner, who bought the club with Wes Edens. Sawiris and Edens have a net worth of close to 10 billion pounds and have already made some significant changes in the team.

Newcastle United

Newcastle United are owned by Saudi Prince Mohamed Bin Salman's Public Investment Fund, which is the sovereign fund of Saudi Arabia crown. With a net worth of close to 500 billion pounds, they have the richest owners by far in football.

PSG

French giants Paris Saint Germain, popularly known as PSG, have Qatari owners Qatar Sports Investments who own the club since 2011.

Tamim Bin Hamad Al-Thani, the emir of Qatar is also the owner of PSG and has made massive investments in the club already. After the acquisition, QSI chairman Nasser Al Khelaifi works as the president of the club.

QSI is a subsidiary of Qatar Investment Authority (QIA), which is the sovereign wealth fund for the emir of Qatar.

Manchester City

Manchester City is by far the best European Club who have middle-east based owners. The current Premier League and UEFA Champions League winners are owned by Abu Dhabi United group, which is owned by Sheikh Mansour, the deputy Prime Minister of UAE.

With a massive input of money, City have gone on to establish themselves as one of the best football teams in England and in Europe. With a net worth of 17.2 billion pounds, Mansour has made radical changes at the club.

The City Football group, which was formed in 2013 as a holding company in England, owns several other football clubs in the world.

City Football Group-owned Football Clubs

Club Name Country Ownership Stake Percentage
Manchester City England 100
New York City FC USA 80
Melbourne City FC Australia 100
Montevideo City Torque Uruguay 100
Troyes AC France 100
Lommel SK Belgium 99
Girona SC Spain 47
Sichuan Jiuniu FC Chennai 29.7
Mumbai City FC India 65
Yokohama F. Marinos Japan 20
Palemro SC Italy 80
Esporte Clube Bahia Brazil 90
Story first published: Friday, June 16, 2023, 14:21 [IST]
Other articles published on Jun 16, 2023
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