Norwich City: Mark Attanasio’s net worth compared to the richest Premier League owners

Norwich City: Mark Attanasio’s net worth compared to the richest Premier League owners.

Significant takeover news just emerged for Norwich City, as Mark Attanasio said that he will be increasing his

interest at Carrow Road starting in 2019.

The head of Norfolk FB Holdings, Attanasio, plans to raise his ownership to about 85%.

He currently only owns 40.4% of the company, which is the same amount that Delia Smith and her husband Michael

Wynn Jones own.

Nevertheless, Wynn Jones and Smith have decided to reduce their ownership of the club to 10%. The two will begin to hold that reduced stake in March 2025, pending approval from the board and shareholders of the club.

For the Canaries, who have enjoyed stability off the pitch during the pair’s tenure as major stakeholders, it will signal the beginning of a new chapter.

Though they have experienced some great moments in the Premier League and the Championship, they may have been labelled as a yo-yo club in recent years, but supporters will be appreciative of their contributions to the cause.

At Carrow Road,meanwhile, Attanasio will be getting ready for life as a majority shareholder.

He has been able to become familiar with the Norfolk organisation since joining the board in 2022, which should offer him an edge as he is ready to take on this more significant job.

He now has to make the Canaries a team capable of winning promotion once more after they were eliminated at the penultimate hurdle at the end of the previous season.

Although they finished in the top six at the end of last season, they were the clear outsiders to secure promotion, and their heavy defeat against Leeds United in the play-off semi-final second leg reinforced that.

What is the net worth of Mark Attanasio, a co-owner of Norwich City?

According to Front Office Sports and additional sources, Attanasio is projected to be worth approximately $700 million.

This number is expected given that he is the current owner of the baseball team, the Milwaukee Brewers. Major League Baseball is their sport.

According to a 2012 report, the Brewers’ worth has increased significantly. This should enable the current Norwich stakeholder to sell the baseball team for a profit when the time comes for him to cash in.

How much he will invest at Carrow Road is still to be seen, but he certainly appears wealthy enough to guarantee Norwich’s off-field standing.

What is the difference between Mark Attanasio’s net worth and Premier League owners?

As of the now, just two Premier League owners are said to be worth less than Attanasio.

Matthew Benham of Brentford is supposedly valued £216.3 million as of July, while Evangelo Marinakis of Nottingham Forest is reportedly worth £479 million.

With Newcastle United, predictably, at the top of the tree with more than £400 billion in value, all other owners and consortiums in the English top flight are valued at least £1 billion.

Although that is a staggering sum of money, it is not shocking given the affluence of their owners.

The wealthiest proprietors of Norwich, if they are promoted to the first division under Attanasio, further emphasises how difficult it will be to compete in games with the big boys.

And depending on how well he manages the club and how much money he has to spend, they can struggle to stay afloat at the highest level.

As the Bees and Benham have shown, it is feasible to get to and stay in the top tier even with a relatively low net value.

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