Top 10 Richest Football Clubs In Africa 2024 [ UPDATED]
Richest Football Clubs In Africa 2024. Looking for the top richest football clubs in Africa? Then, you have come to the right place.
One of the most lucrative and patriotic jobs or professions to do is to be a footballer, representing one’s nation in the football community or playing for a certain club.
It is a lucrative profession on one hand because it fetches the footballer more money for him or her to take care of his or her needs. It is a patriotic profession on the other hand because it enables the footballer to promote and increase the value of his or her team in the global communities.
This article therefore, aims at providing you the top 10 Richest Football Clubs In Africa 2024 coupled with information about each one of them.
10. MC Alger Net Worth: $10 million
Popularly referred to as MC Alger or MCA, the Algerian football club was founded in the year 1921 with red, green and white has its colours.The full name of the club is Mouloudia Club d’Alger and the club is currently managed by Adel Amrouche with Kamel Kaci-Said as the President.
In 1976, MC Alger qualified for the African Cup of Champions Clubs for the first time in its history after winning the 1974–75 Algerian Championnat National. They reached the final after beating Al-Ahly Benghazi of Libya, Al Ahly of Egypt, Luo Union of Kenya and Enugu Rangers of Nigeria, respectively.
In the final, they met Guinean club Hafia Conakry, who had won the last edition of the competition. In the first leg in Conakry, MC Alger lost 3–0 and faced the difficult task of having to score three goals in the return leg. However, in the return leg, they managed to score the three goals with a brace from Omar Betrouni and a goal from Zoubir Bachi.
They went on to win the penalty shootout 4–1 to win their first African title and also become the first Algerian club to win a continental competition.
The club is one of the most successful Algerian Clubs having won the domestic league 14 times. MC Alger won many titles including Algerian League 1, Algerian Cup, Algerian Super Cup, Algerian League Cup, African Cup of Champions Clubs, North African Cup of Champions, Maghreb Champions Cup and Maghreb Cup Winners Cup. Currently, Omar Hamadi Stadium serves as the home-based stadium for MC Alger.
9. L’Esperance Tunis Net Worth: $11.3 Million
Based in Tunis, the Capital City of Tunisia, Esperance Sportive de Tunis is one of the most populous football clubs in Tunisia.
Their excellent professionalism has earned them many nicknames including Mkachkha, Bab Souika’s Team, Dawla Tarajia and The Beast of Africa. Moine Chaabani currently manages the club.
Espérance is the most successful Tunisian club; domestically, they have won 31 Tunisian Ligue Professionnelle 1 titles, 15 Tunisian Cup and 6 Tunisian Super Cup, all of them national records. Espérance won a total of 52 domestic trophies, more than any other Tunisian football club.
At international level, Espérance has won a total of 13 titles, with 8 organized by Confederation of African Football, including 4 CAF Champions League titles, 1 CAF Cup title, 1 CAF Cup Winners’ Cup title, 1 CAF Super Cup title and one Afro-Asian Cup.
The 2010–2011 season was one of the most successful in the history of the club when Espérance completed a historical treble by winning the League, National Cup and the African Champions League, under coach Nabil Maâloul.
Following this success, a new committee chaired by Hamdi Meddeb was elected on 25 September 2011 for a three-year term. However, Maâloul resigned after a sixth place in the FIFA Club World Cup. However, the team lost the 2012 CAF Champions League final to Al Ahly, and the team star Youssef Msakni was sold to Qatari club Lekhwiya for 23 million Tunisian Dinars.
8. TP Mazembe Net Worth: $11.3 Million
TP Mazembe is a Congolese football club formerly known as Englebert and based in Lubumbashi. As of today, The club was nicknamed Les Corbeaux which means “The Ravens due to the high level of professionalism it’s players always exhibit.
In 1967 and 1968, it won the African Cup of Champions. The team would be finalist four times successively in (1967, 1968, 1969 and 1970). Mazembe was the first team to successfully defend the African Champions Cup. This feat was finally repeated in 2003 and 2004 by Enyimba.
After 18 years of absence, it returned to the African scene thanks to 38-year-old governor Moïse Katumbi Chapwe and owner of the club.
In November 2009 the team won the CAF Champions League against Heartland 2–2 on aggregate, winning on the away goals rule.
By winning the CAF Champions League, they qualified for the 2009 FIFA Club World Cup. In their first match in the quarter-finals they lost 2–1 to Pohang Steelers of South Korea, despite taking the lead in the first half. Following a 3–2 defeat to Auckland City in the fifth placed match they finished the tournament in 6th place.
In 2010 they retained the 2010 CAF Champions League, and in December they became the first African side to contest the final of the FIFA Club World Cup after defeating both Pachuca of Mexico 1–0 in the quarter-finals and Internacional of Brazil 2–0 in the semi-finals. In the final on 18 December, they were defeated 3–0 by Internazionale.
In 2015, TP Mazembe secured their fifth title in the competition after defeating USM Alger of Algeria 4–1 aggregate in the 2015 CAF Champions League Final.
7. Wydad Casablanca Net Worth: $12 Million
Wydad Athletic Club commonly refers to as WAC, is a football club based in Casablanca, Morrocco. Founded in 1937, the club has Said Naciri as the President, Faouzi Benzarti as the Head Coach and plays its home-based games at Stade Mohammed V, located in Casablanca, Morrocco.
Domestically, Wydad has won a record of 21 Moroccan league titles and nine Moroccan Throne Cups, becoming the most titled club in Morocco.
In continental and international competitions, the club has won two CAF Champions Leagues, one African Cup Winners’ Cup, one CAF Super Cup, one Afro-Asian Club Championship, one Mohammed V Trophy, one Arab Club Champions Cup, one Arab Super Cup, three North African Championships and one North African Cup.
The Reds shares rivalry with Raja CA, named the Casablanca derby. Wydad also holds rivalry with AS FAR.
6. Orlando Pirates Net Worth: $15.2 Million
Based in the Houghton suburb of the city of Johannesburg, South Africa, Orlando Pirates is a professional football club that plays in the Premier Soccer League.
Founded in 1937 as Orlando Boys Club, the club has been given different nicknames which include Buccaneers, Bucs, Ezikamagebhula, Sea Robbers, the Ghost, Happy people, The Black Ones, etc.
Orlando Pirates are the first club since the inception of the Premier Soccer League in 1996 to have won three major trophies in a single season back to back, having won the domestic league ABSA Premiership, the FA Cup Nedbank Cup and the Top 8 Cup MTN 8 during the ABSA Premiership 2010–11 season and domestic league ABSA Premiership, the League Cup Telkom Knockout and the Top 8 Cup MTN 8 during the ABSA Premiership 2011–12 season.
They are one of only two South African teams with Mamelodi Sundowns to win the CAF Champions League, which they won in 1995. They are the runners-up of 2015 CAF Confederation Cup.
Orlando Pirates is one of the most influential soccer teams in the African continent. Since their inception, the Pirates have won 9 league titles in total, and a record of 33 trophies. With such success under their belt, it goes without saying that Orlando Pirates is one of the most popular teams in Africa.
Currently, Milutin Sredojevic and Dr. Irvin Khoza serve as the Manager and Chairman of the club.
5. Zamalek SC Net Worth: $18,744,214.7 Million
Zamalek Sporting Club (formerly known as Qasr Al Nile Club) was founded on the 5th of January 1911 and first headed by George Marzbach. The club has been named other names like Al-Mokhtalat Club, and King Faruk before finally being called Zamalek SC.
Being the most titled club in Africa, the club has never been relegated to the Second Division and has won more CAF trophies than any other African countries.
Zamalek established itself as the first major force in Egyptian football during the 1920s, as it became the first Egyptian team to win titles. Zamalek was the first Egyptian team to win Sultan Hussein Cup in 1921 and 1922; the first team to win Egypt Cup in 1922; and the first team to win Cairo League in 1922–23.
It is one of two clubs that have played in every season of the Egyptian Premier League, and one of seven clubs that have never been relegated to the Egyptian Second Division. On the international spotlight it has won five CAF Champions League titles, one CAF Confederation Cup title, four CAF Super Cup titles and one African Cup Winners’ Cup title; making it one of the most successful clubs in Africa.
It is also the first Egyptian team to ever win the CAF Super Cup when it beat archrival Al Ahly in the 1994 CAF Super Cup. At the international level, Zamalek is the first Egyptian team to participate in and win the Afro-Asian Cup in 1987; and holds the record for most participations (1987, 1994, and 1997), and most titles, after winning it a second time in 1997.
4. Club Africain Net Worth: $21 Million
Also known as CA, Club Africain is a Tunisian Omniport Club founded in 1920 in Tunis. Being one of the most popular football clubs in Tunisia, the club is best known for its association football team, which competes in the Tunisian Championship.
Nicknamed Beb Jedid Team, the club is currently managed by Victor Zvunka and Chaired by Abdesslam Younsi.
The club has won many titles including Tunisian League, North African Cup of Champions, Arab Cup Winners’ Cup, Arab Champions League, Arab Super Cup etc..
3. Pyramids FC Net Worth: $22.3 Million
Initially referred to as Al Assiouty Sport when founded in 2008 in Assiut, Pyramid FC, mostly referred to as PFC, is a football club based in the Capital City of Egypt, Cairo.
The club is currently playing in the Egyptian Premier League, which is the highest league in the Egyptian Football League System. Home games are played on 30 June Stadium, which currently has a thirty (30,000) capacity.
In the summer of 2018 the Chairman of the Saudi Sports Authority Turki Al Sheikh bought Al Assiouty Sport. Previously the honorary president of Al Ahly, Al Sheikh resigned from his position following disagreements about signings and stadium construction, and bought the club from Beni Seuf. The team’s name was changed to Pyramids FC, and the club moved 400km to Cairo.
Former Al Ahly coach, Hossam El Badry was announced as chairman of the club, Ahmed Hassan as spokesman and football team supervisor, Hady Khashaba as football director and former Botafogo coach Alberto Valentim as the new manager.
In their first season under the new name, Pyramids finished the 2018–19 Egyptian Premier League in third place, qualifying for the 2019–20 CAF Confederation Cup, and reached the 2019 Egypt Cup Final, where they lost 3-0 to Zamalek.
On 4 July 2019, the Emirati businessman Salem Al Shamsi acquired the ownership of Pyramids FC.
2. Kaizer Chiefs Net Worth: $23.2 Million
Kaizer Chiefs Football Club, chaired by Kaizer Motaung, is a Johannesburg -based football club in South Africa and founded 52 years ago in 1970.
Because of the professionalism exhibited by players of the club, the club was nicknamed Amakhosi which means “Lords” or “Chiefs” in Zulu Langauge and Phefeni Glamour Boys.
Chiefs have won 12 league titles (four in the PSL era) and over 50 club trophies. They hold the most trophies amongst the other clubs in the PSL and are the most supported club in the country, drawing an average home attendance of 14,873 in the 2018–19 season, the second-highest in the league. The team plays its home matches at FNB Stadium.
The team has a strong local rivalry with Orlando Pirates, a fellow Soweto team which Chiefs founder Kaizer Motaung played for in his early playing career.
Famous players who donned the black and gold jersey in the past include former national team captains Neil Tovey, Lucas Radebe and also Patrick Ntsoelengoe, Gary Bailey, John “Shoes” Moshoeu, Shaun Bartlett, Steve Komphela, Siyabonga Nomvete, and Doctor Khumalo.
Kaizer Chiefs were banned by the African Football (CAF) from competing in African club competitions until 2009 after their abrupt withdrawal from the 2005 CAF Confederation Cup. This was the second time in four years that Chiefs had been penalized by CAF for refusal to participate in a competition.
It is the most supported team in sub-Saharan Africa. Kaizer chiefs had a support base of over 16,000,000 at the turn of the century.
Today it is estimated at approximately 40,000,000 fans across Southern Africa. The majority of the fanbase being located in South Africa and neighbouring countries. In January 2020, Kaizer Chiefs celebrated their 50th anniversary.
1. Al Ahly Net Worth: $28.3 Million
Founded in 1937, Al Ahly is a professional Saudi Football Club based in Jeddah, South Africa. The club has Al Ahli Saudi Football Club as its full name. Currently, the club is being managed by Jorge Fossati and chaired by Nadir Damnhouri.The football has King Abdullah Sports City Stadium (KASC Stadium) has its home-based stadium, where home games are being paid. The club has won many honors officially recognized by the Federation of Football Association (FIFA).
These honors include Saudi Professional League, King Cup, Saudi Super Cup, Crown Prince Cup, Saudi Federation Cup, Arab Champions League, Gulf Club Champions Cup, Massif Cup, Al Jazeera International Championship and International Friendship Championship.
Al Ahly has a record of 42 national league titles, 37 national cup titles and 11 national super cup titles, making them the most decorated club in Egypt. The club has never been relegated to the Egyptian Second Division. Al Ahly is considered the most successful team in Africa and is one of the continent’s giants.
In international competitions, the club has won a record 10 CAF Champions League titles, a CAF Confederation Cup, a record eight CAF Super Cups, a record four African Cup Winners’ Cups, an Afro-Asian Club Championship, an Arab Club Champions Cup, an Arab Cup Winners’ Cup, a record two Arab Super Cups, and has won three bronze medals in the FIFA Club World Cup. With 23 continental titles, Al Ahly is the most successful football club in African history, and was voted by CAF as African club of the 20th century. The club’s international trophy haul is the second largest in world football, behind only Real Madrid.
Conclusion: The Richest Football Clubs In Africa 2024
And there you have them on the richest football clubs in Africa. Even though finances doesn’t necessarily determine who go home with the cup, having the adequate funds to fulfill necessary needs in a club will go a long way in balancing and setting right the machinery like players, training kits, etc needed to improve the value and honor of the football club.
In addition, having adequate funds in a club will enable it to be more active during the transfer season as getting more players will definitely make the team a better one.
Top 10 Richest Football Clubs In Africa 2024 [ Kaizer Chiefs is 2nd ] – Newshub360.net
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