The owners of Manchester United, Liverpool, and Arsenal could reportedly face losses amounting to billions following the latest announcement by U.S. President Donald Trump.
On Wednesday, Trump declared a series of reciprocal tariffs on various countries, calling the day ‘Liberation Day.’ The White House explained that the move aims to narrow the trade deficit—the difference between the value of goods the U.S. imports and exports.
However, the policy has faced criticism, not only for the tariffs themselves but also for the methodology used in determining them. The global financial markets have reacted negatively, with the Dow Jones falling to an eight-month low by Sunday. Meanwhile, The Telegraph reported that the FTSE 100, the U.K.’s primary stock market index, had declined by 6.3%.
Manchester United, Liverpool, and Arsenal are either fully or primarily owned by American investors. Liverpool is under the ownership of the Boston-based Fenway Sports Group, while Arsenal is controlled by Kroenke Sports & Entertainment, headquartered in Denver, Colorado. Manchester United, on the other hand, is largely owned by the Glazer family, whose holding company operates from Rochester, New York.
According to Forbes, Arsenal owner Stan Kroenke has a real-time net worth of $18 billion, ranking him as the 104th wealthiest individual globally. The Glazer family, with six members each worth $1.7 billion, does not rank within the top 500 individually, but their stakes in Manchester United and the Tampa Bay Buccaneers are valued at $2.88 billion and $4 billion, respectively.
Liverpool’s principal owner, John W. Henry, has a net worth of $5.5 billion, placing him 602nd on the global rich list. Combined with Reds chairman Tom Werner’s $2 billion fortune, the duo would rank among the top 500 wealthiest individuals.
Bloomberg’s Billionaires Index has revealed that the 500 richest individuals worldwide have suffered the largest two-day loss ever recorded following Trump’s tariff announcement. Since markets opened on Thursday, billionaires have collectively lost an astonishing $485 billion.
Beyond the sports world, Meta founder Mark Zuckerberg has been hit the hardest, losing a staggering $17.9 billion since Thursday—the most of anyone on Bloomberg’s wealth list.
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