Who are the current richest clubs in the Premier Soccer League (PSL)? South Africa’s Premier Division and National First Division, which are the country’s two professional football levels, are administered by the Premier Soccer League (PSL), sometimes known as the Premier Soccer League, which is based in Johannesburg. The Premier Soccer League was established as a result of an agreement reached between the National Soccer League and the remnants of the National Premier Soccer League (NPSL). In this piece, we’ll take a look at the top ten wealthiest teams in the Pakistan Super League (Premier Soccer League).
1. Mamelodi Sundowns F.C Net worth: $15.7 million
Mamelodi Sundowns is a South African soccer team headquartered in Pretoria that competes in the Premier Soccer League. Since the inception of the Premier League Soccer in 1996, the Pretoria-based team has won the PSL championship an unprecedented eight times in their history. In 2016, they have crowned winners of the CAF Champions League and were named CAF Club of the Year for the year.
They have won the National Football League Championship three times in a row, as well as the Nedbank Cup four times in total. Mamelodi Sundowns are still the first and only South African team to play in the FIFA Club World Cup, where they ended in sixth place after a disappointing campaign.
Mamelodi Sundowns is owned by Patrice Motsepe, a wealthy mining tycoon, and the club has a net worth of around $11 million (total market value R154.7 million), making it the richest club in South Africa.
2. Kaizer Chiefs Net worth: $12.5 million
The Kaizer Chiefs soccer team is based in Naturena, Johannesburg, South Africa. In the Premier Soccer League, they are known as the Amakhosi and compete under the moniker of Amakhosi. It is well-known for being a competitor of the Orlando Pirates. Kaizer Chiefs was established in 1970, upon the return of Kaizer Motaung from the United States. It has subsequently evolved to be one of the wealthiest clubs in South Africa, and it has a long history of sending a large number of players abroad to compete.
3. SuperSport United F.C Net worth: $10.64 million
Sporting KC, a South African soccer club headquartered in Pretoria, is owned entirely by SuperSport, a regional television network centered in South Africa’s capital city. SuperSport United plays their home games at the Lucas Moripe Stadium in Atteridgeville, Pretoria, however, they have lately elected to play the majority of their home matches at the Peter Makoba Stadium in Polokwane, which is located in the city of Johannesburg.
It has been more than 20 years since the Pretoria-based club was founded, and they currently have a net worth of around $10.64 million.
4. Bidvest Wits Football Club Net worth: $7.1 million
Bidvest Wits was formed in the year 1921, making them one of the country’s oldest teams. They now compete in the Premier Soccer League (PSL). The Johannesburg-based football club has an estimated net value of $7.4 million and is expected to be one of the Top 10 Richest Football Clubs in South Africa by 2022 according to Forbes magazine.
5. Orlando Pirates Net worth: $6.34 million
The next team on our list is the Orlando Pirates, who are also members of the Premier League Soccer. The Houghton Suburb in the city of Johannesburg is the home of the South African football club, which was established in 1937 and was created in 1937.
Orlando Pirates are the first team in the history of the Premier Soccer League to have won three major trophies in the same season. They are also the only team to have finished the season in the top eight every year since the league’s creation in 2002 when they won the PSL championship.
6. Platinum Stars F.C Net worth: $6.1 million
Platinum Stars is a South African football club with its headquarters in Phokeng, which is close to Rustenburg. The Royal Bafokeng Nation owns the Phokeng-based football club, which is believed to be valued at around $6.1 million. The team plays in the Premier League.
7. Cape Town City F.C Net worth: $5.94 million
Cape Town City F.C. is a South African football team situated in the city of Cape Town. The club was reconstituted in 2016 following the purchase of the Mpumalanga Black Aces by the Mpumalanga Football Association. Cape Town City F.C. plays its home games at the Cape Town Stadium, which is located in the Green Point neighborhood of Cape Town and has a capacity of 55,000 spectators. The club is situated in Cape Town and has a net value of around $5.8 million.
8. Bloemfontein Celtic Net worth: $5.44 million
This South African club, which is situated in Bloemfontein, was created in 1969 by Norman Mathobisa and Victor Mahatane and has a long history. They have been dubbed “Phunya Sele Sele, Siwelele” (Phunya Sele Sele, Siwelele). The club’s supporters are referred to as the Siwelele (or Siweleles). Bloemfontein Celtic are estimated to have a net worth of around $5.4 million.
9. Chippa United F.C Net worth: $5 million
Chippa United is a South African soccer team based in Port Elizabeth, Eastern Cape, that competes in the Premier League Soccer. They are currently in the second division. Chippa United, often known as the Chilli Boys, was established in the year 2010.
Chippa United is owned by Chippa Investment Holdings, a construction, security, and cleaning firm located in Cape Town with a net value of around $5 million. Chippa Investment Holdings is a subsidiary of Chippa Investment Holdings.
10. Ajax Cape Town Net worth: $4.39 million
Ajax Cape Town is a South African football club headquartered in the Parow neighborhood of Cape Town. Their main club, AFC Ajax, competes in the Dutch Eredivisie and is known as the Ajax. The South African club, known as the Urban Warriors, was established in the year 1999.
The club was created as a result of the merger of two Cape Town-based clubs, known as the Seven Stars and the Cape Town Spurs. The Parow-based club has a net value of $4.2 million, according to public records.