Top 10 richest football clubs in Africa in 2023: What is their value?

Top 10 richest football clubs in Africa in 2023: What is their value?

Football clubs are not just organizations that bring together players and fans. They are also massive business entities that generate revenue from multiple sources. From merchandise sales to broadcast rights, clubs earn significant money every year. Here, we will look at some of the richest football clubs in Africa, including their estimated current market value.

Richest football clubs in Africa
Photo: canva.com (modified by author)
Source: UGC

Football teams get their income via different methods. The most known way is ticket sales. Other avenues include kit sales, sponsorships and TV deals with major transmission service providers. They also get their money from merit which depends on the position of the club in the league.

Top 10 richest football clubs in Africa

Which is the richest football club in 2023? Regarding sports, Africa has its fair share of football clubs that have amassed significant wealth through various means, including merchandise sales and sponsorship deals.

10. AmaZulu Football Club - €9.59 million

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the richest football club in africa
Amazulu during the Nelson Mandela Football Invitational match between AmaZulu and Manchester City at Moses Mabhida Stadium in Durban, South Africa. Photo: Anesh Debiky
Source: Getty Images
  • Founded: 1923
  • Location: Durban, KwaZulu-Natal, South Africa
  • Head coach: Romain Folz

Amazulu FC is one of the oldest football clubs in South Africa. It is also one of the most successful football clubs in the country, having won the South African Premier Division twice, in 1972 and 2021.

As of 2023, Amazulu FC has an estimated market value of €9.59 million, making it one of the most valuable football clubs in Africa. The club has a large following in South Africa and is known for its passionate fans and entertaining style of play.

9. USM Alger - €10.30 million

top 10 richest football club in africa
USM Alger players pose for a picture prior to the CAF Champions League semi-final football match at the Stade du 5 juillet in Algiers. Photo: Ryad Kramdi
Source: Getty Images
  • Founded: 1937
  • Location: Algeria
  • Manager: Abdelhak Benchikha

Union Sportive Médina d'Alger, commonly known as USM Alger, is one of Algeria's most successful football clubs. The club has won the Algerian Ligue Professionnelle 1 eight times and the CAF Champions League once. USM Alger also has a large following and is known for its passionate fans. The club's estimated market value is €10.30 million.

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8. Kaizer Chiefs - €14.20 million

richest football club in south africa
Footballers of Kaiser Chiefs celebrate their victory at the end of the 2016 Carling Black Label Cup at FNB Stadium in Johannesburg, South Africa. Photo: Shiraaz Mohamed
Source: Getty Images
  • Founded: 1970
  • Location: South Africa
  • Manager: Arthur Zwane

Kaizer Chiefs Football Club has won the South African Premier Division 13 times and the CAF Champions League once. Kaizer Chiefs is also known for its large following, with fans across South Africa and beyond. The team plays its home matches at the 94,797-capacity FNB Stadium. It's one of the richest football clubs in South Africa, with an estimated market value is €14.20 million.

7. Pyramids FC - €18.43 million

  • Founded: 2008
  • Location: Egypt
  • Manager: Jaime Pacheco

Pyramids Football Club was founded in 2008 and has quickly established itself as a top club in Egypt. The club's owners have invested heavily in the team, bringing in top players worldwide. Pyramids have already won the CAF Confederation Cup and finished as runners-up in the Egyptian Premier League. The club's estimated market value is €18.43 million

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6. Orlando Pirates - €18.63 million

richest football club in south africa 2023
Orlando Pirates starting eleven pose for a team photograph during their Nedbank Cup Last 32 match at Orlando Stadium in Soweto. Photo by Phill Magakoe
Source: Getty Images
  • Founded: 1937
  • Location: South Africa
  • Manager: José Riveiro

Orlando Pirates Football Club has won the South African Premier Division nine times and the CAF Champions League once. The team plays its home matches at Orlando Stadium in Soweto. The club's estimated market value is €18.63 million.

5. Esperance Tunis - €18.73 million

the richest football club in africa
Players of Esperance Tunis pose for a photo during the CAF Champions League's 3rd day of the group stage. Photo: Yassine Mahjoub
Source: Getty Images
  • Founded: 1919
  • Location: Tunisia
  • Head coach: Nabil Maâloul

Esperance Sportive de Tunis has won the Tunisian Ligue Professionnelle 1 32 times and the CAF Champions League four times. The club is most known for its football squad, which competes in the Tunisian Professional League 1 and is one of the most well-liked clubs in Tunisia and is regarded as a powerhouse on the continent. The club's estimated market value is €18.73 million.

4. Wydad Casablanca - €19.20 million

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Players of Wydad Casablanca pose for a team photo prior to the CAF Champions League quarterfinal match between Belouizdad and Wydad Casablanca in Algiers, Algeria. Photo: Mousaab Rouibi
Source: Getty Images
  • Founded: 1937
  • Location: Morrocco
  • Head coach: Juan Carlos Garrido

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Wydad Athletic Club is one of the most successful football clubs in Morocco. The club has won the Botola 19 times and the CAF Champions League twice. Wydad is also known for its passionate fans, who often pack the Stade Mohamed V in Casablanca to support their team. The club's estimated market value is €19.20 million.

3. Zamalek Sporting Club - €20.58 million

richest football club in south africa
Players of Zamalek pose for a team photo ahead of the Egyptian Super Cup final match between Zamalek and Al Ahly at Hazza bin Zayed Stadium in Abu Dhabi, United Arab Emirates. Photo: Waleed Zein
Source: Getty Images
  • Founded: 1911
  • Location: Egypt
  • Head coach: Jesualdo Ferreira

Founded in 1911, Zamalek Sporting Club is one of the oldest and most successful football clubs in Egypt. The club has won the Egyptian Premier League 14 times and the CAF Champions League five times. Zamalek is also known for its fierce rivalry with Al Ahly, another top Egyptian club. The club's estimated market value is €20.58 million.

2. Mamelodi Sundowns FC - €27.30 million

  • Founded: 1970
  • Location: Pretoria, South Africa
  • Head coach: Rhulani Mokwena

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Which is the richest football club in South Africa in 2023? Mamelodi Sundowns FC tops with a market value of €27.30 million. It is one of the most successful football clubs in the country, having won numerous domestic and international titles.

The club is commonly known as "The Brazilians" due to its distinctive yellow and blue kit, reminiscent of the Brazilian national team's colours. Sundowns plays its home matches at the Loftus Versfeld Stadium in Pretoria, which has a capacity of over 50,000 spectators.

1. Al Ahly SC - €29.55 million

richest football clubs in Africa
Ahly's first eleven poses for a team photo prior during the Egypt Primer League Fixtures 22 Match Between Al-Ahly and Al-Ittihad, in Borg Al-arab stadium in Alexandria, Egypt. Photo: Ahmed Awaad
Source: Getty Images
  • Founded: 24 April 1907, Cairo, Egypt
  • Location: Cairo, Egypt
  • Manager: Marcel Koller

Which is the richest football club in Africa? Al Ahly SC is the wealthiest team in Africa. They play in the Egyptian Premier League. It is valued at a whopping €29.55 million. The club is the most awarded in Africa. They have won 8 CAF Champions League.

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They have also lifted their local league trophy 40 times. Their income comes mainly from ticket sales, sales of kits and sponsorships. They are sponsored by WE, SAIBank, GLC, Tiger and Shell Helix.

Summary of the top 10 richest football clubs in Africa in 2023

Below is a table with the wealthiest clubs in Africa, along with their estimated market values.

RankClubMarket value
1Al Ahly SC€29.55 million
2Mamelodi Sundowns FC€27.30 million
3Zamalek Sporting Club€20.58 million
4Wydad Casablanca€19.20 million
5Esperance Tunis€18.73 million
6Orlando Pirates€18.63 million
7Pyramids FC€18.43 million
8Kaizer Chiefs€14.20 million
9USM Alger€10.30 million
10AmaZulu Football Club€9.59 million

Which is the richest football league in Africa in 2023?

The richest league is the South African Premier Soccer League. It boasts as the most supported throughout the continent. They enjoy high-income sponsorships from banks, telecommunication companies and also car companies. The league is also one of the continent's best and most competitive leagues.

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Which is the oldest football club in Africa?

Savages FC was founded in Pietermaritzburg, South Africa, on 29 August 1882. It was started by English and Welch troops stationed there with previous matches with local workers. It boasts of being one of the earliest soccer clubs in the world to break into the top eight.

Who is the richest football club owner in Africa?

Patrice Motsepe is the richest football club owner, whose net worth is estimated to be $2.8 billion. He became the owner of the football club Mamelodi Sundowns in 2003.

The African continent has some of the wealthiest football clubs in the world. The ten richest football clubs in Africa mentioned in this article have amassed significant wealth through various means, including sponsorship deals, merchandise sales, and broadcast rights.

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Source: Legit.ng

Authors:
Nomso Obiajuru avatar

Nomso Obiajuru Nomso Obiajuru has 10 years of working experience in sports journalism and is currently the Team Lead of Sports editorial offices at Legit. He has met and interviewed some of the most influential sports personalities in the world while working at Legit.ng, Sports Brief and HipTV. Nomso obtained a degree in Mass Communication from the University of Lagos in 2012. Email: nomso.obiajuru@corp.legit.ng