Top 7 PSL Richest Football Clubs in South Africa
1. Mamelodi Sundowns
With and estimated net worth of $11 million, Mamelodi Sundowns also known as the Brazilians is the richest football club in South Africa.
The club joined the Federation Professional Football League in 1973 and from then it has been one of the most successful football clubs in South Africa. They are regarded as the giants in Africa.
Amongst many other achievements, the club has won the PSL title eleven times and in 2016 it was voted CAF club of the year and they also won the CAF champions League. They are the only South African team that was fortunate enough to compete in the FIFA Club World Cup.
2. Kaizer Chiefs
Kaizer Chiefs also known as Amakhosi was established in 1970 by Kaizer Motaung after his return from the USA wherein he had been playing football for the Atlanta Chiefs.
The club’s name is a combination of the owner’s first name “Kaizer” and his previous team’s name Atlanta “Chiefs”.
With the highest fanbase of over 16 000 000, Kaizer Chiefs is one of the top South African football clubs.
In the PSL, Kaizer Chiefs is well known for its rivalry with Orlando Pirates wherein they mostly sell out stadiums on match days.
The club’s net worth is estimated to be $9.1 million.
Formed in the early 1930’s, AmaZulu football club, also known as ‘Usuthu’ is based in Durban, KwaZulu Natal. It was established by Zulu migrant workers who named the club the Zulu Royal Conquerors.
The name changed to AmaZulu when the team was introduced to the then Zulu King, King Solomon KaDiniZulu in 1932.
The team entered a new stage when National football league in 1985, and they currently play in the PSL, the first-tier of South African football league system.
As of today, the club is said to be worth $11.92 million.
4. SuperSport United
SuperSport United is a subsidiary of SuperSport (a media and sports marketing brand) under Multichoice. It was purchased by M-NET when it was still known as Pretoria City FC in July 1994.
The main aim of the purchase was for M-NET to be more involved in local soccer but, most importantly M-NET wanted to help build struggling teams to become better.
Since inception, the club has been consistent in its performance within the PSL. They won the Bob Save Superbowl which later become the ABSA cup and then the Nedbank Cup. They have also qualified for African Champions League and won the MTN8 Cup Champions.
With an estimated net worth of $7.9 million, SuperSport is believed to be the third richest football club in South Africa.
5. Orlando Pirates
Orlando Pirates was founded in 1937 in Orlando East, Soweto as Orlando Soweto. The name was changed to Orlando Pirates when the team moved to Houghton, Johannesburg.
The team is listed as one of the PSL richest football club and has some of the most expensive players in the league.
One of their most highlight is being the only club that has always ended the PSL season in the top eight.
The club has claimed the Premier League title four times, the CAF League once, and the Nedbank Cup 8 times.
Orlando Pirates is estimated to be worth $6.9 million.
6. Cape Town City
Cape Town City Football club is one of the top clubs in Cape Town that competes in South Africa’s topflight, the Premier Soccer League.
It was formed in 1962 as Mpumalanga Black Aces F.C. and later rebranded in 2016 when purchased by John Comitis after suffering financial challenges.
The club uses its roots in Nyanga, the City Centre, and Cape Flats to unite Cape Town’s rich footballing history under one team.
Cape Town City is worth $5.8 million.
7. Chippa United
Headquartered in Gqeberha in the Eastern Cape, Chippa United was established in 2010 and it is owned by Chippa Investment Holdings, which is a construction, security, and cleaning company.
It is one of the most popular football team in South Africa and has an estimated net worth of about $4.4 million.
The team won the NFD in the 2013/14 season which allowed them to be promoted back into the PSL. From then, the club has maintained its position.
It is important to note that a club’s riches are not mainly measured by its success but, also by the team’s ability to trade in some of the most talented players.
The most successful clubs in South Africa are Kaizer Chiefs, Orland Pirates and Mamelodi Sundowns. They have mostly played in the major leagues and have accumulated their wealth from playing in the highest-paying leagues and championships.
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