Kenyan football clubs have not been investing so much on players but have been relying mostly on sponsorships and tickets to get their revenues.
A good number of the Kenyan football clubs, (If not all) have been struggling to pay salaries to their players in due time, making most of them(players) seeking greener pastures in other countries. A football player in Kenya earns very little money as compared to those in European countries.
The Networth of most Kenyan clubs is also uncertain and withheld by most club officials, but we can get an idea of their net worth depending on how they perform and purchase key players, the net worth of their sponsors and assets.
Here are the top five richest and popular football clubs in Kenya;
Gor Mahia F.C
Gor Mahia is perceived as the most expensive and popular football club in Kenya, getting its revenue from tickets and sponsorships. Gor Mahia has an estimated worth of 65 Million shillings in Kenya.
The mighty Kogalo has attracted a number of fans who are very loyal to the team. Kogalo is also the best performing clubs in the Kenyan premier league where it has won a couple of trophies making it one of the most dominant clubs to play in.
It is very rare to go to Gor Mahia match without paying an entry fee at the entrance. This has boosted the club’s revenue as most people would want to watch the enthralling goals and skills displayed by the Kogalo players.
Apart from the entrance fee, Kogalo has been sponsored by several companies including sportpesa, and Tuzo.
The club is also said to own a land asset in Embakasi that has a value of about 4 million shillings.
The Closest football rivals to Kogalo have an estimated worth of KSh.52 million. Just like Gor Mahia, the fan base and sponsorships have contributed significantly to the club’s revenue.
The Ingwe’s and in-laws to Kogalo are the second most popular football club in Kenya. This has always contributed to their net worth has a couple of fans would pay to watch their matches.
The club is sponsored by Mumias Sugar company and also gets its revenue from selling T-shirts and other indoor expenses.
Sofapaka’s net worth is estimated at 50 million shillings. Unlike Gor and AFC, The Batoto Ba Mungu have no serious fan base but have been able to present a lethal threat to most teams in the premier league.
Being ranked as the third most expensive team, Sofapaka has been getting sponsorships from the East African Portland Cement.
Tusker F.C comes forth as the most popular and rich team, with an estimated worth of 45 million shillings getting its sponsorship from the East African Breweries Limited, Kenya.
The brewers have also been able to showcase an outstanding performance in the league having to dethrone Gor Mahia a couple of times from the title.
The team of youngsters is worth 20 million shillings with sponsorships from Brookside Dairies being accountable for a good part of its revenue.
Thika is currently the fifth richest and popular football club in Kenya.