Football associations have allowed rich billionaires to invest in the sport in a manner never witnessed in history. Today, clubs like Manchester City and Paris Saint-Germain are challenging on all fronts because of their newly acquired financial muscle. Therefore, the game has changed and some pundits say there is no turning back. Today, we want to give you examples of famous clubs owned by governments in the world at the moment.
5. Zenit Saint Petersburg- Russia
Zenit is a Russia Premier League club based in the country second biggest city Saint Petersburg. The club was taken over by the government through the giant gas company Gazprom. The government is the majority shareholder of the company. The acquisition came with goodies. The club got a brand new stadium and an extra $100 million to strengthen the squad.
4. CSKA Moscow- Russia
CSKA Moscow was founded in 1911 by Russia Soviet Army. The club is the oldest in the country and it is still controlled by the Ministry of defence. Chelsea owner Roman Abramovich sponsorships through his companies have played a key role in the growth of the club in recent years. The club plays regularly in UEFA Europa and Champions League.
3. Beijing Guoan- China
— Football China (@footballchina) August 10, 2018
In the last five years, Chinese football has grown significantly. The Super League is seriously challenging European football, especially in signing players. One of the teams leading in that front is Beijing Guoan FC. The club is owned by Citic Investment Group. The Group belongs to the Chinese government. The company also owns 14% share at Premier League side Manchester City.