Top 5 African Richest Football Club Owners
There has been quite a history of single players completely taking over various Football Clubs by buying them outright! The following are the richest African owners of such clubs.
Patrice Motsepe – Mamelodi Sundowns, South Africa
Patrice Motsepe owns South Africa’s Mamelodi Sundowns FC, which he bought using the profits form his platinum and gold mining company. A great philanthropist, he is well-known for donating half his wealth to charity, via the Motsepe Family Foundation.
Assem Allam – Hull City FC, England
Assem Allam owns Hull City FC, after the destructive effects of the club’s delegation from the PL. The manufacturing tycoon bought the club for about $54 million, which proved to be an awesome investment, since the team has taken off since then!
Kaizer Motuang – Kaizer Chiefs, South Africa
Kaizer Motuang was the founder of the Kaizer Chiefs FC back in 1970, but he lost total control of it when he sold 40% worth of shares to Primedia. Eventually he bought it back, of course, and now the club has become one of the biggest and most popular in South Africa.
Moise Chapwe – TP Mazembe, Congo
Moise Chapwe, a businessman and politician from Congo, owns the Tout Puissant Mazembe FC. The club was formerly known as Englebert, and has risen through the ranks since mr Moise Chapwe took over the reins.
Irvin Khoza – Orlando Pirates, South Africa
Irvin Khoza owns the Orlando Pirates FC, and worked towards ensuring that South Africa would host the 2010 World Cup. He served as Chairman of the 2010 FIFA World Cup Organizing Committee.