Huddersfield Town have been under the ownership of Kevin Nagle since the summer of 2023, when the American businessman purchased the club to bring Dean Hoyle’s 14-year spell in charge to an end.
The 70-year-old purchased the club entirely through his company Town FC LLC, becoming one of the most recent American businessmen to own a team outside of the Premier League.
Of course, two of Huddersfield’s League One promotion rivals, big-spending Birmingham City and Wrexham, are owned by Americans: Tom Wagner and the Red Dragons’ Hollywood pair of Ryan Reynolds and Rob McElhenny.
Huddersfield have not quite equaled the expenditure or performance levels of Blues and Wrexham this season, but they remain in strong contention to finish the season in the division’s top six as Nagle attempts to return the Terriers to the Championship for the first time.
Nagle has given the West Yorkshire club enormous assistance, spending an estimated £3 million to buy striker Joe Taylor from Luton Town in the most recent transfer window. Taylor excelled in League One when on loan with Lincoln City last year, and Huddersfield will hope his goal-scoring prowess propels them to promotion.
| Joe Taylor’s 2023/24 stats on loan from Luton Town, as per FotMob | ||||
| Club | Division | Appearances | Goals | Assists |
| Colchester United | League Two | 27 | 12 | 2 |
| Lincoln City | League One | 19 | 10 | 3 |
But how did Nagle amass enough riches to take over the Terriers in the first place? Football League World goes in-depth…
Huddersfield Town owner Kevin Nagle’s source of wealth
Nagle has enjoyed a very interesting, yet successful career in the world of business.
Nagle apparently grew up in poverty, making his accomplishments all the more impressive. Nagle began his banking career at Los Angeles-based EF Hutton, but he truly took off after launching Envision Pharmaceutical Holdings.
According to reports, Nagle finally sold the pharmaceutical company for at least £1.8 billion. His economic interests are diverse, however, as he also controls ‘The Nagle corporation,’ a real estate corporation that specializes in residential developments, retail, and entertainment.
Nagle’s sporting achievement, however, swings the most in his favour. He previously invested in NBA team the Sacramento Kings, alongside American stars such as J-Lo and Shaquille O’Neal.
Nagle eventually sold his shares for a whopping £6.7 billion.
Naturally, Nagle’s sale has considerably improved his net worth and Huddersfield’s subsequent financial power, and it is hoped that he will reproduce his success with Sacramento at Town and increase the club’s profitability.
What is Huddersfield Town owner Kevin Nagle’s net worth?
Unlike some owners in League One and the Championship, Nagle’s net worth remains unknown. There isn’t much information available about the specifics, but it’s evident that his net worth, whatever it is, is considerable and might augur well for Huddersfield in the coming years.
The Sun previously portrayed Nagle as a multibillionaire. That would make a lot of sense, given how much he got for his Sacramento Kings ownership.
Nagle will hope that his net worth grows as a result of his success with Huddersfield, while Terriers fans will be hoping that his financial muscle can propel the club on a long-term upward trajectory.
The ultimate goal will be to return to the Premier League, and it will be interesting to see how much Nagle is ready to spend to achieve that.
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