Manchester United, Liverpool, and Arsenal ‘risk losing billions’ following Donald Trump’s recent announcement.
The American owners of Premier League clubs Manchester United, Liverpool, and Arsenal could face massive financial losses—possibly in the billions—following a major announcement from U.S. President Donald Trump.
In a move he labeled ‘Liberation Day,’ Trump introduced a new wave of reciprocal tariffs on multiple countries. The White House claims the goal is to reduce the U.S. trade deficit by balancing the value of imports and exports. However, the policy has sparked backlash, not only because of the tariffs themselves but also due to the questionable methods used to calculate them.
Markets around the world responded negatively. On Sunday, the Dow Jones dropped to its lowest point in eight months, while the UK’s FTSE 100 index fell by 6.3%, according to The Telegraph.
This slump is significant for clubs like Manchester United, Liverpool, and Arsenal, which are all owned by American investors. Liverpool is under the control of Boston-based Fenway Sports Group, Arsenal is owned by Kroenke Sports & Entertainment from Colorado, and Manchester United is mostly owned by the Glazer family from New York.
Forbes reports that Stan Kroenke, who owns Arsenal, is worth $18 billion, ranking him 104th globally. Each member of the Glazer family holds a net worth of about $1.7 billion, and their sports holdings—United and the Tampa Bay Buccaneers—are valued at around $2.88 billion and $4 billion respectively.
Liverpool’s principal owner John W. Henry has an estimated net worth of $5.5 billion, while Reds chairman Tom Werner adds another $2 billion. Combined, their wealth would place them in the top 500 richest individuals.
Bloomberg’s Billionaires Index notes that the world’s top 500 richest people suffered a record-breaking two-day loss after Trump’s tariff plans were revealed, with a combined hit of $485 billion. Among the biggest losers is Meta’s Mark Zuckerberg, who reportedly lost $17.9 billion—more than anyone else on the list.
