Football

Understanding ownership of leading European football clubs

Following reports that a Daniel Friedkin led group are in talks to buy AS Roma with the club stating that a formal deal had not yet been agreed, we look at football ownership.

Understanding ownership of leading European football clubs

The Financial Times reported the deal would value AS Roma at 750 million euros ($840 million), including debt, a record figure for a Serie A team.

Shares in AS Roma are listed on the stock market in Milan and the club is controlled by another group of American investors headed by James Pallotta.

The following are ownership structures of some of Europe's leading soccer clubs:

Italy:

Juventus:

Listed on the stock market in Milan, the Agnelli family that founded the Fiat motor group remain the controlling shareholder at Juve, Italian champions for the past eight seasons.

Inter Milan:

Romelu Lukaku of FC Internazionale celebrates after scoring a goal during the Italian championship Serie A football match between FC Internazionale and Genoa CFC on December 21, 2019 21/12/2019 ONLY FOR USE IN SPAIN

Chinese electronics retailer Suning Commerce Group Co Ltd bought nearly 70% of Inter Milan for 270 million euros ($307 million) in 2016 in what was the highest-profile takeover of a European team by a Chinese firm.

AC Milan:

U.S. hedge fund Elliott Management last year assumed control of indebted AC Milan and injected 50 million euros to help stabilise the finances of the former European champions whose previous owners include former prime minister Silvio Berlusconi.

England:

Manchester City:

Part of City Football Group (CFG), majority owned by Sheikh Mansour bin Zayed Al Nahyan, with Chinese investors led by media and entertainment group CMC Inc holding around 12% and U.S. private equity film Silver Lake just over 10%.

Abu Dhabi United Group, the investment vehicle owned by Sheikh Mansour, retained majority ownership after Silver Lake agreed in November to pay $500 million for its stake, making CFG the world's most valuable soccer group with a $4.8 billion price tag.

Manchester City's manager Pep Guardiola

The group's investments also include New York City, who play in Major League Soccer, and Melbourne City, as well as stakes in Yokohama Marinos of Japan, Club Atletico Torque of Uruguay, Spain's Girona, Sichuan Jiuniu of China and Mumbai City.

Manchester United:

Bought by the American Glazer family for 790 million pounds ($1 billion) in 2005. Listed on the New York Stock Exchange since 2012 but the Glazers retain majority ownership of the 20-times English champions. It has a current market valuation of around $3.25 billion.

Liverpool:

The European champions and Premier League leaders have been owned since 2010 by the Fenway Sports Group after a 300 million pound deal. Fenway also owns the Boston Red Sox Major League Baseball team.

FIFA World Champions badge is seen on a Liverpool shirt during the Premier League match between Liverpool FC and Wolverhampton Wanderers at Anfield on December 29, 2019 in Liverpool, United Kingdom.

Arsenal:

American billionaire and sports entrepreneur Stan Kroenke struck a deal to take full control of Arsenal in 2018 by buying out Russian rival Alisher Usmanov, valuing the English Premier League club at around $2.3 billion.

Chelsea:

Russian billionaire Roman Abramovich bought the London club for a reported 140 million pounds in 2003 and they have since become a major force in the European game.

Germany:

Bayern Munich:

German champions are 75% owned by their fans, with sportswear brand Adidas, car maker Audi and insurer Allianz all having stakes of 8.33% each.

Soccer Football - Bundesliga - Bayern Munich v VfL Wolfsburg - Allianz Arena, Munich, Germany

Spain:

Real Madrid/Barcelona:

The two Spanish clubs are owned by their fans through membership schemes. They regularly have the highest revenue of any European soccer clubs thanks to their commercial appeal.

France:

PSG:

Owned by Qatar Sports Investments - established by the son of the emir and heir to the Qatari throne Sheikh Tamim Bin Hamad Al Thani - which bought a 70% stake in PSG in 2011.