Newcastle United and Manchester United are currently preparing for talks over the future of Magpies sporting director Dan Ashworth after he was approached by the Old Trafford hierarchy in recent weeks.
The former Football Association head of elite development has been identified as a key target by Sir Jim Ratcliffe as he awaited confirmation his investment into the Red Devils had been approved by the Premier League. That confirmation duly arrived earlier this week and the INEOS chief has already stated his intentions to make a big impact at Old Trafford.
He said: “To become co-owner of Manchester United is a great honour and comes with great responsibility. This marks the completion of the transaction, but just the beginning of our journey to take Manchester United back to the top of English, European and world football, with world-class facilities for our fans. Work to achieve those objectives will accelerate from today.”
But how does Ratcliffe's investment change the financial landscape in English football's top tier and how does the net wealth of Newcastle United's Saudi-led owners compare to their Old Trafford counterparts and other clubs around the Premier League?
1. Premier League rich list 2024
Here's how all 20 Premier League owners rank for reported net worth in 2024.
2. 20th: Luton Town - David Wilkinson
Net worth currently unknown.
3. 19th: Sheffield United - Abdullah bin Musaid
Reported net worth: £171 million
4. 18th: Burnley - Alan Pace
Reported net worth: £190 million