One of the world’s richest men is reportedly backing a bid to buy a Premier League club.
In modern-day football, clubs with the most money usually win more.
For example, Manchester City, owned by mega-rich owners from Abu Dhabi, have won the last four Premier League titles under the guidance of Pep Guardiola.
On Friday evening, it was claimed that one of the richest families in the world is supporting a bid to buy top flight club Everton.
As reported by The Times, Michael Saul Dell, the founder of Dell Technologies is using his ‘family office’ to support a bid to take over the Toffees.
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The report stated: “Michael Saul Dell, the founder of Dell Technologies who is worth about £120billion, is using his “family office” to support a takeover offer by businessmen Andy Bell and George Downing.
“Family offices are established by wealthy families to manage their finances and Dell’s MSD Partners is on board should (Farhad) Moshiri grant Bell and Downing a period of exclusivity to seal a deal.”
Everton endured a tough season but had enough quality to survive in the Premier League after finishing in 15th place.
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As of March 2024, Dell is the 10th richest person in the world on the Bloomberg Billionaires Index.
Born in Houston in 1965, Dell attended the University of Texas in 1983 in order to please his parent’s wish for him to become a doctor.
In 1984, Dell started his computer business with just $1000. By the second half of his freshman year, he had already sold $80,000 worth of computers.
At the age of 19, Dell left college in order to run his company on a full-time basis, which eventually went public in 1988.
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In 2004, Dell stepped back as the CEO of the company but remained chairman of the board.
Back in 2022, it was reported by The New York Times that English club West Bromwich Albion secured a £20 million loan from Dell’s investment group MSD UK Holdings.
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Topics: Football, Premier League, Everton
Marcus Chan