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Discover the top 10 richest football clubs in Africa in 2024, exploring their market values, achievements, and revenue sources.
African clubs have evolved into significant business entities, generating substantial revenue from diverse sources such as merchandise sales, broadcast rights, and sponsorships.
These clubs are not only prominent in sports but also powerhouses in financial terms, with impressive market valuations reflecting their economic prowess.
Pulse Sports looks at the top 10 richest football clubs in Africa in 2024, including their estimated current market value as per Transfermarkt.
The 10 richest football clubs in Africa in 2024
1. Mamelodi Sundowns -€33.55million
Mamelodi Sundowns, based in Pretoria, South Africa, is the richest football club in Africa with an estimated market value of €33.55 million.
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Founded in 1970 and owned by Patrice Motsepe, the club plays its home games at Loftus Versfeld Stadium.
Mamelodi Sundowns are known for their dominance in the Premier Soccer League, having won 17 titles, and they continuously challenge for top honors across the continent.
The club's success is not limited to domestic competitions; they have also made their mark in continental tournaments.
Sundowns have won the CAF Champions League once, the African Football League once, and the CAF Super Cup once.
Their trophy cabinet also includes six Nedbank Cups, four Telkom Knockouts, and four MTN 8 titles.
Apart from prize money, Sundowns generate revenue through ticket sales, merchandise, and sponsorship deals.
Their consistent performance and ability to attract top players have helped them maintain their status as the wealthiest football club in Africa.
2. Al Ahly- €32.30million
Al Ahly is another giant in African football with a market value of €32.30 million.
Founded in 1907, the club has a rich history and is owned by Abdul Rahman Eisa Al-Manaai.
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Al Ahly plays its home matches at the Cairo International Stadium and is known for its massive fan base and numerous titles.
Al Ahly's trophy collection is impressive, with 43 Egyptian Premier League titles, 39 Egyptian Cup titles, and 14 Egyptian Super Cup titles.
On the continental stage, they have won the CAF Champions League 12 times, the African Cup Winners Cup four times, the CAF Super Cup eight times, and the Confederation Cup once.
Additionally, Al Ahly benefits from lucrative sponsorship deals with major brands like Shell Helix, Adidas, and FABMISR, one of Egypt's biggest banks. These sponsorships, along with merchandise sales and broadcast rights, make Al Ahly one of the wealthiest clubs in Africa.
3. Orlando Pirates -€22.38million
Orlando Pirates, based in Johannesburg, South Africa, is one of the oldest and most respected football clubs in Africa.
With a market value of €22.38 million, the club is a significant player in the Premier Soccer League.
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Founded in 1937 and owned by Irvin Khoza, Orlando Pirates play their home games at Orlando Stadium.
The club's trophy cabinet includes numerous domestic titles, although they are not as decorated as some of their continental counterparts.
The most recent addition to their collection is the Nedbank Cup. Despite this, Orlando Pirates have a strong fan base and a rich history, which contribute to their financial stability.
Revenue for Orlando Pirates comes from various sources, including ticket sales, merchandise, and sponsorships.
Their long-standing presence in South African football and consistent performance in the Premier Soccer League ensure a steady stream of income.
4. Pyramids FC -€19.68million
Pyramids FC, also based in Cairo, Egypt, has quickly risen to become one of the richest football clubs in Africa with a market value of €19.68 million.
Founded in 2008 and owned by Salem Al Shamsi, the club plays its home games at the 30 June Stadium. Despite being a relatively young club, Pyramids FC has established itself as a top contender in African football.
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The club's financial strength comes from significant investments by its owner, as well as revenue from sponsorships and broadcast rights.
Pyramids FC has focused on building a competitive team by attracting top talent, which has helped them compete at high levels both domestically and continentally.
Pyramids FC's rapid rise in African football is a testament to the impact of strategic investment and management.
Their market value reflects their ambition to become one of the dominant forces in the continent's football scene.
5. Zamalek SC -€17.40million
Zamalek SC, based in Cairo, Egypt, is another prominent club in African football with a market value of €17.40 million.
Founded in 1911 and owned by Mortar Mansour, the club plays its home games at Cairo International Stadium.
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Zamalek SC is known for its fierce rivalry with Al Ahly, which has produced some of the best matches in Egyptian football history.
The club has an impressive list of achievements, including 14 Egyptian League titles, 28 Egyptian Cup titles, and four Egyptian Super Cups.
On the continental front, Zamalek SC has won the CAF Champions League five times, the African Cup Winners Cup once, the CAF Super Cup four times, and the CAF Confederations Cup once.
Zamalek SC generates revenue through prize money, sponsorships, ticket sales, and merchandise which makes them one of the wealthiest football clubs in Africa.
6. ES Tunis- €17.15million
Espérance Sportive de Tunis (ES Tunis), based in Tunis, Tunisia, is the most successful team in Tunisia and one of the richest clubs in Africa with a market value of €17.15 million.
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Founded in 1919, the club plays its home games at the Olympic Stadium Hamadi Agrebi of Rades.
The club has won the Tunisian league 32 times, the CAF Champions League four times, and the CAF Confederations Cup once.
ES Tunis also enjoys lucrative sponsorship deals with companies like Delice Group.
Revenue streams for ES Tunis include ticket sales, merchandise, and broadcast rights. Their consistent performance and ability to win major titles have cemented their place as one of Africa's richest football clubs.
7. Kaizer Chiefs- €15.88million
Kaizer Chiefs, based in Johannesburg, South Africa, is one of the most successful and popular football clubs in the country with a market value of €15.88 million.
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Founded in 1970 and owned by Kaizer Moutang, the club plays its home games at FNB Stadium.
Kaizer Chiefs attract big-name players and have some of the best resources to compete at the highest levels.
Although Kaizer Chiefs have not won the CAF Champions League, they have won the African Cup Winners Cup and 13 South African League titles.
The club has also claimed victories in the MTN Cup, Nedbank Cup, and South African Cup. These successes contribute to their financial strength.
Revenue for Kaizer Chiefs comes from prize money, ticket sales, sponsorships, and merchandise.
Their ability to attract large crowds and maintain a strong fan base ensures a steady income, making them one of the richest clubs in Africa.
8. Wydad Athletic Club- €14.21million
Wydad Athletic Club, based in Casablanca, Morocco, is another major player in African football with a market value of €14.21 million.
Founded in 1937, the club plays its home games at Mohamed V Stadium. Wydad Casablanca is one of the biggest clubs in Morocco and has a rich history of success.
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The club has won 22 Moroccan league titles, nine Moroccan Cups, one CAF Super Cup, one African Cup Winners Cup, and three CAF Champions League titles.
Wydad Casablanca generates revenue through ticket sales, sponsorships, and merchandise.
Their ability to consistently attract large crowds and maintain a strong fan base ensures a steady income, making them one of the richest football clubs in Africa.
9. Raja Club Athletic - €14.18million
Raja Club Athletic, commonly known as Raja Casablanca, is one of Morocco's most successful football clubs with a market value of €14.18 million.
Founded in 1949, the club is based in Casablanca and plays its home games at Stade Mohammed V. Raja Casablanca has a rich history and a passionate fan base.
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The club has won the Moroccan domestic title 10 times and has been a strong contender in continental competitions.
Raja Casablanca was the first African club to participate in the FIFA World Club Championships in 2000 in Brazil. Their success on the field has translated into financial strength, making them one of the wealthiest clubs in Africa.
Raja Casablanca generates revenue through ticket sales, merchandise, and sponsorships. Their ability to consistently perform well in both domestic and international competitions ensures a steady flow of income, solidifying their place among Africa's richest football clubs.
10. FAR Rabat-€13.69million
FAR Rabat, also known as Association sportive des Forces armées royales, is a prominent football club based in Rabat, Morocco, with a market value of €13.69 million.
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Founded in 1958, the club has a storied history and is one of the most famous football clubs in Morocco.
FAR Rabat plays its home games at Prince Moulay Abdellah Stadium.
The club has won 13 Botola titles, 12 Moroccan Throne Cups, four Moroccan Super Cups, one African Champions League, and one African Confederation Cup.
These achievements have brought substantial prize money, contributing to the club's financial success.
FAR Rabat also enjoys a strong fan base and significant support from sponsors.
Revenue streams for FAR Rabat include ticket sales, merchandise, and broadcast rights.
Their consistent performance and ability to win major titles have made them one of the richest football clubs in Africa.
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