The roar of the crowd, the thrill of the chase, the global obsession that is football – it's a world constantly in flux, a dynamic ecosystem attracting titans from every corner of the globe. And now, a powerful new force is reshaping the landscape: African billionaires and influential figures are stepping onto the pitch, not just as fans, but as owners and investors, injecting their wealth and vision into clubs both on the continent and across the globe. From rescuing Premier League giants to nurturing grassroots talent in Nigeria, from the sunny fields of Portugal to the burgeoning stadiums of the MLS, these titans of industry and entertainment are playing a pivotal role in the evolution of the world's most beloved sport. Get ready to meet the eight African powerhouses (plus a superstar!) who are changing the game!
1. Nassef Sawiris:
Egypt's wealthiest man, the formidable Nassef Sawiris, with an estimated net worth of a cool $8.8 billion (according to Forbes), isn't just content with dominating the Egyptian economy. This visionary billionaire is a co-owner of the iconic Premier League club Aston Villa. Back in 2018, when Villa was teetering on the brink of financial disaster in the Championship, Sawiris, alongside Wes Edens, swooped in, acquiring a 55% controlling stake and steering the club back to stability in the top flight. But Sawiris's sporting ambitions don't end in Birmingham. Through his sports investment arm, V Sports, he's building a global portfolio that includes a significant 29% stake in Portuguese club Vitória S.C., strategic partnerships with clubs in Spain, Egypt, and Japan, a 5% stake (with plans for more) in Madison Square Garden Sports (the powerhouse behind the NBA's New York Knicks and the NHL's New York Rangers!), and a further 46% stake in Portugal's Vitória Sport Clube acquired in 2023. Sawiris is not just a football owner; he's a global sports mogul in the making.
2. Patrice Motsepe:
South African billionaire Patrice Motsepe, a titan of the mining industry with a net worth of $2.7 billion (Forbes), has also left an indelible mark on the beautiful game. He is the proud owner of Mamelodi Sundowns, one of the most decorated and successful football clubs on the African continent. Since acquiring the club in 2003, Motsepe has transformed Sundowns into a dominant force, consistently clinching CAF Champions League titles and Premier Soccer League trophies. Beyond his footballing achievements, Motsepe is a renowned philanthropist, having joined The Giving Pledge in 2013, committing to donate half of his vast wealth to charitable causes. Adding another layer to his influence, he currently serves as the President of CAF (Confederation of African Football), playing a crucial role in shaping the governance and future of the sport across Africa.
3. Kunle Soname:
Nigerian businessman and passionate sports enthusiast Kunle Soname has made significant waves in football both within Nigeria and on the European stage. In 2004, he laid the foundation for Remo Stars F.C. (initially known as FC Dender), later relocating the club to Ogun State, where it now proudly competes in the Nigerian Premier League. His commitment to nurturing young talent is further evidenced by his ownership of Beyond Limits F.A., a youth academy dedicated to grassroots football development. Soname etched his name in history as the first Nigerian to own a European football club when he acquired Clube Desportivo Feirense in Portugal, showcasing his ambition and forward-thinking vision for football development that transcends borders. His philanthropic endeavors are also noteworthy, earning him recognition as a patron at the University of Lagos in 2022 for his charitable contributions.
4. Sola Akinlade:
Nigerian software engineer and entrepreneur Sola Akinlade, a true innovator, founded Sporting Lagos FC in 2022 with a powerful vision: to use football as a catalyst for community development and social change. Nicknamed "The Tech Boys," Sporting Lagos FC quickly gained attention and currently competes in the Nigeria National League (NNL) after a brief stint in the top tier. The club proudly plays its home matches at the iconic Mobolaji Johnson Arena (Onikan Stadium). Akinlade's ambition extends beyond Nigerian shores. In March 2023, he strategically expanded his football interests by acquiring a significant 55% stake in Aarhus Fremad, a club competing in the Danish second division. This calculated move aims to professionalize Sporting Lagos while simultaneously establishing it as a vital talent pipeline for Aarhus Fremad, demonstrating Akinlade's long-term commitment to developing African football talent and creating pathways to global opportunities for young players.
5. Kingsley Pungong:
Cameroonian entrepreneur Kingsley Pungong is the driving force behind Rainbow World Group and Rainbow Sports Global, a dynamic company with a diverse and impressive sports portfolio. Pungong's passion for football is evident through his ownership of Rainbow FC in Cameroon and Rainbow FC Kenya. His influence previously extended to Europe through his ownership of MFK Vyškov in the Czech Republic from 2017 to 2024, before he strategically sold it to an American investment firm, Blue Crow Sports Group. Beyond his significant involvement in club ownership, Pungong is also a co-founder of the thrilling African Fighters League (AFL) and the action-packed Dambe Warriors League in Nigeria, showcasing his broad and impactful influence across both the African and European football markets, as well as in the realm of traditional African combat sports.
6. Samih Onsi Sawiris:
Egyptian-born Montenegrin businessman Samih Onsi Sawiris, a member of the prominent Sawiris family, has also ventured into the captivating world of football. In 2011, demonstrating his keen interest in European football and strategic sports business expansion, he invested in the Swiss club FC Luzern, acquiring a notable 12.5% stake. While his exact current net worth remains private, Forbes previously estimated it to be around $850 million in 2015, highlighting his significant financial clout and his willingness to diversify his investments into the global sports arena.
7. Nneka Ede:
In a truly groundbreaking move in 2020, Nigerian entrepreneur Nneka Ede etched her name in the history books by becoming the first African woman to own a European football club. Her acquisition of Lusitano Ginásio Clube Futebol, SAD, a team competing in the third division of Portuguese football, was a momentous occasion. Ede's vision extends beyond mere ownership; her primary goal is to foster the development of the club while simultaneously creating invaluable opportunities for young and talented African footballers to showcase their skills on an international platform. Her ambition is to strengthen the sporting ties between Nigeria and Portugal, providing a crucial stepping stone for aspiring African players to gain exposure and advance their careers in European football. Following her historic acquisition, Ede eloquently stated, "I am excited about this opportunity, and I hope this new chapter will deepen the already great sporting relations between Nigeria and Portugal."
8. Tems:
Adding a touch of superstar power to this impressive list, Nigerian Afrobeats sensation Temilade Openiyi, globally recognized as Tems, has made history of her own by becoming a part-owner of the Major League Soccer (MLS) club San Diego FC. Through her company, The Leading Vibe, Tems proudly stands as the first African woman to hold ownership stakes in an MLS club, further highlighting the increasing and exciting intersection of entertainment, sports, and business within Africa. She joins a distinguished ownership group that includes World Cup winner Juan Mata, demonstrating the growing appeal of MLS to a diverse range of influential figures. Tems's investment is a powerful testament to the expanding influence of African talent and entrepreneurship across various global industries.
From rescuing historic clubs to championing grassroots development and breaking barriers in ownership, these eight African billionaires and the iconic Tems are demonstrating the continent's growing influence and investment in the global football industry. Their ventures are not just about business; they are about passion, vision, and a belief in the power of football to unite, inspire, and create opportunities. As they continue to shape the future of the beautiful game, one thing is clear: Africa's impact on global football is only set to grow stronger.