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When EPL turns into ‘Billionaires Club’

The English Premier League (EPL) threatens to see more competition and attraction from another emerging force backed by another “Arab Money” gradually marking the turn of the teams in the League into “Billionaires’ Club.”

Before the turn of the millennium, now well-known clubs including Chelsea and Manchester City were considered underdogs in every Premier League campaign. Their classification as one of the biggest clubs in England became evident due to their takeover by billionaires.

The emergence of billionaires in the league over the past decade has grounded the complete dominance of heavyweights such as Manchester United, Arsenal and Liverpool. Chelsea and Manchester City have become testaments that big money produces trophies; following the propose takeover of Newcastle United by the Crown Prince of Saudi Arabia, Mohammed bin Salman, the English topflight campaign will be expected to see at least six clubs (Liverpool, Man City, Man United, Arsenal, Tottenham Hotspurs, and Newcastle United) competing for the title with lot of respect to other clubs.  

Chelsea

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The owner of the Chelsea Football Club, Roman Abramovich bought the club in 2003 for 140 million pounds from Kent Bates, and immediately invested over two billion pounds into club.

The success revolution began in 2005 when Chelsea its first premier league during Abramovich’s era.

They would go to win 16 major trophies in the past 17 years making them the most successful in England since the Russian’s take over. The Stamford Bridge has celebrated the following titles in quantum; 1 Champions League, a pair of Europa League, 5 EPL, 5 FA Cups, and 3 League Cups. The club has attracted fine stars including Didier Drogba, John Terry, Frank Lampard, Petr Cech, Eden Hazard, Glen Johnson, Hernan Crespo, Andriy Shevchenko, Michael Essien, Ashley Cole, etc as well as top managers in the world of football including; Jose Mourinho, Carlo Anceloti, Antonio Conte, Filipe Scolari, Roberto Di Mateo (won the UCL), and Maurizio Sarri. 

Manchester City

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Another scenario of the movement of the “Billionnaires Club” empire in the EPL is the emergence the Arab billionaire from Abu Dhabi, Sheikh Mansour bin Zayed al-Nahyan in 2008. He took over City Football Group of which Manchester City is a part for a whooping 265 million pounds from then owner Thaksin Shinawatra. According to reports from The Sun Sport in February this year, the Etihad owner has forked 1.5 billion pounds worth of investment over the past decade.

Though the Club has never tasted glories in Europe, they have become a buttress root in the English topflight and other domestic trophies. Their 10 trophies haul including last season’s domestic treble during the Mansour era include; 4 EPL, 2 FA Cups, and 4 League Cups.

The Etihad Stadium has welcomed great players such as; Yaya Toure, Sergio Aguero, David Silva, Joe Hart, Robinho, Carlos Tevez, Eden Dzeko, Vincent Kompany, Emmanuel Adebayor, and Kevin De Bryne. The best of managers including current coach Pep Guardiola, Roberto Mancini, Manuel Pellegrini, and Mark Hughes have been at the helm of affairs.

Newcastle United

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Following the proposed 80 per cent shares takeover of the St. James Park by the PCP Capital partners backed by the Public Investment Fund (PIF) of Saudi Aradia, the EPL as well as Newcastle United fans are preparing to welcome a new owner.

The PIF headed by the Crown Prince of Saudi Arabia, Mohammed bin Salman is expected to pay a mammoth 300 million pounds to current owner, Mike Ashley to complete the takeover. The PIF is reported to be worth 260 billion pounds.

Albeit, drawing references from Chelsea and Manchester City who also have billionaires investing in them, many Newcastle United fans are very excited and optimistic that they will become a force to reckon with due to the investment expected to be made by the Deputy Prime Minister of Saudi Arabia, Mohammed bin Salman.

The investment is expected to translate into several trophies in the year to come for the St. James Park that has not tasted any trophies for the past two decades and over. It is imperative to note that Newcastle United will have the richest club in the EPL as well as in Europe.

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BY BENEDICTA NUAMAH TAKYI

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Sports

 Sports Ministry, PGA Ghana to roll out ‘Golf-in-School’ programme

Mr Adams (left) and De Beer in a hearty chat after the meeting

 The Minister for Sports and Recreation, Mr Kofi Iddie Adams, says his sector is ready to leverage golf as a tool for sports development and environmental consciousness in the country.

In his view, a sport like golf must be given the needed attention because of its potential to enhance development and boost economic benefits to the youth.

Mr Adams gave the remark when he received a delegation from the Professional Golfers Association (PGA), Ghana.

The team was led by its president, Mr Hans De Beer and accompanied by other top officials.

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At the heart of the meeting was a shared commitment to reposition golf, most importantly professional golf as a powerful tool not only for sporting excellence but also for promoting ecological awareness and social inclusion.

Mr Adams acknowledged the current collaboration between the ministry and the PGA and acknowledged PGA’s recognition of the Ministry’s support for both amateur and professional golf in Ghana.

He stated that sports development cannot thrive in isolation and requires strong partnerships, visionary planning, and collective action, emphasising the importance of golf in promoting discipline, strategy, and respect for nature.

According to the Sports Minister, every golfer becomes an advocate for the environment, adding that “it is time to introduce golf in schools. This initiative would nurture young minds to value green spaces while embracing a sport that has enormous potential for tourism, health, and character development.”

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He assured the PGA team that their collaboration would move beyond dialogue into action, with plans to develop golf-in-schools programmes, roll out climate-awareness campaigns, and engage communities across regions in growing the game.

That vision, he said aligns with the country’s efforts to promote sustainable development and environmental conservation.

“By introducing golf-in-schools, it would instill values of discipline, hard work, and respect for nature in young people. The planned golf-in-schools programmes would not only promote the sport but also provide opportunities for young people to develop important life skills,” Mr Adams who doubles as a Member of Parliament for the Buem Constituency stated.

Responding, Mr De Beer, expressed their gratitude for the sports Minister’s support and commitment to developing golf in Ghana and also welcomed the opportunity to collaborate with the Ministry and contribute to the growth of the sport in the country.

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The meeting marked the beginning of a long-term partnership between the Ministry and the PGA to strengthen golf in Ghana and build a legacy that connects sport with sustainability.

Other PGA executive members who were present at the meeting include: Alhaji Ahmed Padori, Vice President, Tournament Director, Eric Henaku, Assistant Tournament Director, Francis Torgah, Emos Kwablah a senior member and Secretary of the Ladies’ Professional Golfers of Ghana Mercy Werner

 By Spectator Reporter

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 Neequaye’s GBA exit  …What might have caused it?

 AN announcement from the communication team of the Ghana Boxing Authority (GBA) informing stakeholders about the resignation of its president, Mr Abraham Kotei Neequaye has got fans thinking.

The resignation in itself is not a big issue.

Fact is, under the current circumstances, it may seem the best decision by Mr Neequaye who has supervised the most tumultuous boxing era in Ghana.

That is not to suggest that previous leaders of the association were saints; however, the level of acrimony under this administration is unprecedented.

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Lucky to have witnessed the era of Mr Nii Quaye Mensah, Mr Moses Foh-Amoaning, Mr Samir Captan, Mr Peter Zwennes; one can confidently say the scene has never been that electric.

But what exists now is nothing short of a life in the boxing ring.

Wednesday’s announcement of an indication to resign yesterday (Friday, June 27) also got a few tongues wiggling with the timing.

Seeming to have brave the odds to such a crucial time that the association was preparing for its Elective Congress to put in place a new executive team; and Neequaye himself sounding confident of retaining his seat for another term, only to drop his guard last minute clearly suggests that there is more beyond what the eye can see.

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Evidently, there is fire on the GBA’s corridors of power.

He has cited personal reasons for the decision but that has also sent journalists on a wild goose chase, finding anything available that is related to boxing to connect.

It has also left the Pandora’s Box opened with all manner of reasons flying around the media space.

A section of the media have tried to link the decision to findings and recommendation by a ministerial committee formed to probe the circumstances under which a Nigerian boxer died in Ghana during a fight sanctioned by the GBA.

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Others are of the opinion that the embattled GBA boss was only trying to face the realities of the time.

This has come from a school of thought that he has realised he stands no chance in the impending election due to the bad blood between him and a huge number of stakeholders of the sport.

A few have managed to introduce some political theatrics into the Neequaye resignation drama, citing tensions between him and some party big wigs including the Minister of Sports and Recreation.

These are interesting times for the boxing fraternity.

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But it’s amazing how time flies and how a lot of things can change with time.

Four or so years ago when Mr Peter Zwennes decided to step down as GBA boss, Neequaye was deemed the Messiah to take the sport to a new level.

He gained the support of these stakeholders who have become sworn enemies and was able to win against some heavyweights including a former promoter, Mr Henry Manly Spain.

The coaches, promoters, boxers, referees and other identifiable groups sang his praise but how all of these changed in less than a year remains a mystery.

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Just after a year, key members of his executives confided in friends about contesting their president who they claimed to be going ‘out of order.’

Aside the verbal exchanges, other issues have gone to court for interpretation but all these moves are yet to restore peace and sanity in the GBA.

Stakeholders planning to shock Neequaye at the polls may be left stunned by the decision to bow out at the 11th round.

It is the hope of all that the next elected president can restore the peace and unity the GBA enjoyed and bring the stakeholders together.

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But, however one looks at it, the history of the GBA would be incomplete without the strides of Neequaye whose tenure replicated the Foh-Amoaning’s Mortein Boxing League with what came to be known as the Imax Boxing League which also came with its own stories and challenges to promoters.

 By Andrew Nortey

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