Who Owns the Premier League? The Answer May Surprise You

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The Premier League is one of the richest and most watched football competitions in the world, with billions of pounds flowing through broadcasting, commercial deals, sponsorships and matchday income every season.

But who actually owns the Premier League?

The answer is different from what many football fans might expect.

The Premier League is not owned by one billionaire, company or football club. It is a private company limited by shares, and its shareholders are the 20 clubs competing in the Premier League at any given time, alongside The Football Association (The FA), which holds a special share.

This means that clubs such as Arsenal, Chelsea, Liverpool, Manchester United, Manchester City and Tottenham Hotspur do not simply participate in the Premier League as outside customers. They are shareholders in the league itself.

Each Premier League club holds one share and has one vote on matters concerning the competition. This gives the clubs a collective role in deciding how the league is governed.

That structure also explains why the Premier League can change its rules without one individual owner simply making the decision.

Major rule changes and significant broadcast or commercial proposals generally require approval from at least 14 of the 20 clubs, meaning a two-thirds majority is required.

The system also changes every season because the membership of the Premier League changes.

When a club is relegated to the Championship, it transfers its Premier League share to one of the clubs promoted from the Championship. The process takes place around the league’s Annual General Meeting following the end of the season.

This means that the Premier League’s ownership structure is closely connected to promotion and relegation.
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A club can spend years outside the competition, return to the Premier League and once again become one of the league’s shareholders.

The FA has a different role.

While the 20 clubs are the ordinary shareholders, The FA holds a special share. The special share gives The FA approval rights over certain matters, including the appointment and reappointment of Premier League Board directors. The FA also sanctions the Premier League’s rules and remains England’s national football governing body.

The day-to-day administration of the competition is handled by the Premier League’s own organisational structure, including its Board and executive leadership.

The Board is responsible for managing the affairs of the Premier League, implementing the competition’s rules and dealing with a range of governance and regulatory matters.

This is where the distinction between owning a Premier League club and owning the Premier League becomes important.

An individual or investment group can own a football club, but that does not mean that person owns the Premier League.

For example, if an overseas investor buys a Premier League club, that investor becomes the owner of the club subject to the league’s ownership and regulatory requirements. The club, however, remains one of the shareholders of the Premier League.

The Premier League’s financial scale is enormous.

Deloitte reported that Premier League clubs generated £6.8 billion in aggregate revenue during the 2024/25 season, an 8% increase from the previous season. Commercial revenue reached £2.4 billion, while matchday revenue passed £1 billion for the first time.

Broadcasting remains one of the most important sources of income, with Premier League clubs collectively receiving billions through domestic and international media arrangements.

But that money does not belong to one person.

It forms part of a wider financial system in which revenues are distributed among clubs according to the league’s established arrangements.

This collective structure is one of the unusual features of the Premier League.

The clubs are competitors on the pitch, fighting for points, trophies, European qualification and survival, but they are also shareholders in the same company away from the pitch.

That creates an interesting relationship.

Manchester United can compete against Arsenal for three points on Saturday, while both clubs can later participate in decisions concerning the commercial and regulatory direction of the Premier League.

The same applies to clubs battling relegation.

A club fighting to remain in the Premier League is simultaneously a shareholder in the competition, while promoted clubs become shareholders after replacing relegated teams.

So, when football fans ask “Who owns the Premier League?”, the simplest answer is:

The 20 Premier League member clubs collectively own the league as shareholders, while The FA holds a special share.

The billionaire owners, investment groups and companies that control individual clubs therefore have influence through their respective clubs, but none of them individually owns the Premier League.

And that means the Premier League is, in a very real sense, owned collectively by the clubs competing in it.
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