Top 5 Richest Football Clubs In South Africa
South Africa has a vibrant and well-run football system. The South African Premier Division (Premier Soccer League) is one of the best football leagues in Africa. This allows for many clubs to participate in various competitions organized by the soccer regulators. A lot of Clubs are involved in different tournaments from leagues to cups. A few soccer outfits are able to shoulder the financial responsibility associated with participating in these various competitions. Some, as a result, are wealthier and more profitable than others. Continue reading as we list some of the richest football clubs in South Africa.
1. Mamelodi Sundowns FC
The Brazilians, as they are popularly called, is a football club side owned by South African billionaire and recently elected Confederation of African Football president Patrice Motsepe. Sundowns was established 51 years ago and competes in the South African Premier Soccer League (PSL). Mamelodi is reported to be the wealthiest football club in South Africa, with a net worth of about $11 Million. The Pretoria-based club are currently the defending PSL champions. Mamelodi Sundows holds the record for the biggest victory in the CAF Champions League by defeating Seychelles side Cote d’Or, 11-1 at home and 16-1 on aggregate in the tournament in 2020.
2. Kaizer Chiefs FC
Amakhosi is arguably the most popular club on the African continent. Chiefs was founded in 1970 by a group of ex-players, and businessmen which included club chairman Kaizer Motaung, Clarence Mlokoti, and China Ngema, among others. Kaizer Chiefs is one of the most supported clubs in South Africa with about 16,000,000 followers and is reported to have a net worth of about $9.1 Million. They are one of best football clubs in Africa.
3. SuperSport United FC
SuperSport United was founded in 1994 with the acquisition of local football side Pretoria City. SuperSport is owned by Multichoice, a cable satellite company. SuperSport United is known as Matsatsantsa a Pitori by its supporters. Matsatsantsa is said to have a net worth of about $7.9 Million. Khulu Sibiya is the current chairman of the club.
4. Bidvest Wits FC
Bidvest is one of the oldest clubs in South Africa. The Clever Boys were founded in 1921 by students of the Representative Council of Wits University. They are currently owned by Lawrence Mulaudzi and are said to have a net worth of about $7.4 Million. The Johannesburg-based side has won the league title only once in their history after winning the PSL trophy in the 2016/2017 season.
5. Orlando Pirates FC
The Buccaneers, as they are popularly called, are one of the mainstays of South African football. The club was founded in 1937 by migrant workers from the gold mines in the Gauteng area. Pirates has grown into one of the most followed and formidable teams in the land. Amabhakabhaka is said to have a net worth of about $6.9 Million. Pirates play their home games at the Orlando Stadium in Johannesburg.