Doug King

Doug King (Lowestoft, 1967) is a British businessman and investor, best known as the owner and chairman of Coventry City. He became the club’s majority shareholder in January 2023 and shortly afterwards acquired full ownership.

Early life and career King was born in 1967 in Lowestoft, where he grew up. He graduated with a degree in mathematical engineering from Loughborough University.

He began his career in 1990 with Cargill and was based in Switzerland as a manager of oil trading from 1997 to 2000. After ten years, he left to become head of oil trading for Crown Resources. He also worked as a consultant for Catequil Asset Management in New York between 2003 and 2004. In 2004, he co-founded Aisling Analytics with business partner Michael Coleman, which later changed its name to RCMA Capital LLP.

He served as the chief executive officer of RCMA Capital and has been chairman of RCMA Group since 2010. The company manages The Merchant Commodity Fund and focuses on investing in commodity markets based on analysis of supply and demand dynamics.

Presently, he is associated with companies including RCMA Capital LLP, an investment firm, and Yelo Enterprises, which has been linked to oilseed processing and renewable energy projects.

As in 2026, Doug King’s net worth at around $400 million (around £317m).

Coventry City In November 2022, King agreed to purchase an 85% stake in Coventry City from SISU Capital. The takeover was approved by the English Football League in January 2023. Later that month, he acquired the remaining shares, becoming the club’s sole owner.

Following the takeover, he also assumed the role of chairman and oversaw a restructuring of the club’s financial and operational framework. Reports indicated that existing debts were addressed as part of the transition.

King has also been involved in discussions relating to stadium arrangements and the long-term stability of the club. In April 2026, under his ownership, the club achieved a promotion to the Premier League, reflecting his long-term vision, strategic investment, and commitment to elevating the team to the highest level of English football.

In November 2024, King made the high-profile decision to part ways with long-serving manager Mark Robins and appointed Frank Lampard as the club's new head coach.