Newcastle United have been re-born since their £300million takeover in October 2021, with the Saudi-led consortium injecting much-needed money into the playing squad. Eddie Howe has done an outstanding job improving his players but it cannot be denied that significant financial backing has helped - and that is nothing to be ashamed of either.
The Premier League is the richest league in the world and proof of that comes with the interest of its clubs from some of the world’s most powerful people. Newcastle are not the only club to be bought out in recent years, with Manchester United, Chelsea and Wolves all experiencing a change of ownership.
This summer is set to be another big one with all 20 clubs eyeing major investment, but how much money do respective owners have to splurge? The Shields Gazette has taken a look at the reported net worth figures for the owners of all 20 clubs in the Premier League.
9. 13th: Crystal Palace - Steve Parish, Joshua Harris and David Blitzer
Reported net worth: £3.36 billion | Getty Images
10. 12th: Tottenham Hotspur - Daniel Levy and Joe Lewis
Reported net worth: £4.74 billion | Getty Images
11. 11th: Wolverhampton Wanderers - Guo Guangchang, Liang Xinjun and Wang Qunbin
Reported net worth: £5.64 billion | Wolves via Getty Images
12. 10th: West Ham United - David Sullivan and Daniel Kretinsky
Reported net worth: £5.96 billion | Getty Images