There is no doubt that Kenya’s Premier League is one of the biggest leagues in East and Central Africa. This is evident from the number of foreign players coming to play in the local football clubs.
The popularity of this league has partly been brought about by the financial muscle of the local clubs. These clubs are so wealthy that they can hire expensive foreign coaches and players and pay them a huge amount of salary.
A good number of the top Kenyan clubs are well funded by their sponsors and collect a significant amount of money at the gate pass during live matches at the stadiums.
So, what exactly is the financial status of Kenya’s richest football clubs? Below are some of the estimated values of some of the country’s top clubs.
Before the onset of coronavirus and fans where is allowed to get into the stadiums, Gor was estimated worth Ksh.65 million. With the net worth, the club was ranked the richest in Kenya.
According to reports, the club used to make up to Ksh.30 million from gate fees during matches. The Green Army is also said to be getting good money from its sponsors. In assets, Gor is said to be owning a piece of land in Embakasi, Nairobi worth over Ksh.4 million.
AFC Leopards FC
It is Gor’s fierce rival, AFC Leopards that comes second on our list. The Ingwe is said to be worth Ksh.52 million. Just like Gor, AFC also boasts lucrative sponsorship deals as well as expensive assets. For instance, the club’s bus is estimated to be worth Ksh.6.5 million.
Before the ban of fans from entering stadiums, AFC is said to be collecting Ksh.25 million at the gate as well as make about Ksh.2 million from sales of its replica jerseys.
Sofapaka comes third on our list with an estimated net worth of about ksh.50 million. Batoto Ba Mungu as over the years built its fanbase in a consistent fashion
Apart from the bumper sponsorship that bet from Betika – a betting company in Kenya – the club is said to have accumulated its Ksh.33 million net worth from gate collections. Sofapaka is one of the Kenyan clubs that over the years has greatly benefited from the sale of players.
The club has traditionally been known for buying unknown players, nature them, then sell them to other clubs for a profitable amount of money.
The 2021 Kenya Premier League Champions comes fourth richest football team in Kenya with a net worth of approximately Ksh.45 million.
Tusker enjoys a massive sponsorship deals from East Africn Breweries Limited which is close to about Ksh.30 million. Apart from raising other funds from sales of players, the club also raise up to about Ksh.1 million on sales of replica jerseys.
Thika United Football Club
Surpringly, Thinka United is the team to close out first five richest club in Kenya. The club is reportedly worth Ksh.20 million and enjoys Ksh.15 million sponsorship from milk processor, Brookside Dairies.
The club also raised upto Ksh.1 million from the sales of replica jerseys every season.