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Abramovich now football's poor relation

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Published Date: 07 January 2009
MANCHESTER City's hugely wealthy owner Sheikh Mansour bin Zayed Al Nahyan has toppled Roman Abramovich to head British football's rich list.
Sheikh Mansour, a member of the royal family of Abu Dhabi, has a personal fortune of £15 billion according to the Football Rich List, researched and published by FourFourTwo magazine.

The 38-year-old bought City in the summer, while Abramovich,
Chelsea's Russian owner, has slipped to third in the list – his wealth is estimated at £7 billion and he has been said to have lost over £3 billion in the economic downturn.

He has also been overtaken in the list by Lakshmi Mittal, the 58-year-old Indian industrialist worth £12.5 billion who joined Formula 1's Bernie Ecclestone and Flavio Briatore investing in Queens Park Rangers.

David Beckham remains the richest player associated with British football – his personal fortune of £125 million being streets ahead of his closest rivals Michael Owen (£40 million) and Wayne Rooney (£35 million). Beckham is 38th in the overall list, while England head coach Fabio Capello is at No73, worth an estimated £25 million, with a £6 million-a-year contract from the FA and a £10 million private art collection.

Manchester United manager Sir Alex Ferguson is at No78 in the list (£22 million), ahead of long-time rival and Arsenal manager Arsène Wenger at No92 (£14 million).

Celtic shareholder Dermot Desmond, the Irish entrepreneur, is the richest person in Scottish football – he is eighth on the list and said to be worth £1.2 billion. Rangers chairman Sir David Murray is 19th on the list, worth £600 million.

Desmond made his fortune in investment banking and stockbroking. He is ranked fifth in Ireland's own Rich List, but has at times been heavily criticised by the Celtic support for the club's reluctance to spend in the transfer market.

Murray recently marked 20 years at the helm at Ibrox but is willing to sell the club should a suitable offer be made. Last November, he admitted that Rangers would have to downsize dramatically unless his successor had deeper pockets than himself. "This has not been a good financial year for Rangers Football Club and the Murray Group will underwrite it," he said.

Despite the huge fortunes of the wealthiest owners, football finance experts fear British football's bubble may be about to burst.

Professor Tom Cannon told the magazine: "Season-ticket numbers will probably be down by about 10 per cent but renewals will be down by at least 15 or 20 per cent. That's where the problems will be as you go down the divisions."


RICH LIST TOP 20

1, Sheikh Mansour bin Zayed Al Nahyan (Manchester City) £15bn
2, Lakshmi Mittal and family (Queen's Park Rangers) £12.5bn
3, Roman Abramovich (Chelsea) £7bn
4, Joe Lewis (Tottenham Hotspur) £2.5bn
5, Bernie and Slavica Ecclestone (Queen's Park Rangers) £2.4bn
6, Stanley Kroenke (Arsenal) £2.245bn
7, Alisher Usmanov (Arsenal) £1.5bn
8=, Lord Grantchester & the Moores Family (Everton) £1.2bn
8=, Dermot Desmond (Celtic) £1.2bn
10=, Lord Ashcroft (Watford) £1.1bn
10=, Malcolm Glazer and family (Manchester Utd) £1.1bn
12, Simon Keswick (Cheltenham) £966m
13, Trevor Hemmings (Preston) £900m
14, Mike Ashley (Newcastle United) £800m
15, Randy Lerner (Aston Villa) £750m
16, Tom Hicks (Liverpool) £700m
17, The Walker Family (Blackburn Rovers) £660m
18, Mohammed Al Fayed (Fulham) £650m
19, Sir David Murray (Rangers) £600m
20, Steve Morgan (Wolves) £400m

TOP 20 PLAYERS

1 David Beckham (LA Galaxy) £125m
2 Michael Owen Newcastle United) £40m
3 Wayne Rooney (Manchester United) £35m
4= Rio Ferdinand (Manchester United) £28m
4= Robbie Fowler (Blackburn Rovers) £28m
4= Sol Campbell (Portsmouth) £28m
7 Ryan Giggs (Manchester United) £23m
8= Michael Ballack (Chelsea) £20m
8= Frank Lampard (Chelsea) £20m
10 Steven Gerrard (Liverpool) £19m
11 Cristiano Ronaldo (Manchester United) £18m
12 John Terry (Chelsea) £17m
13 Didier Drogba (Chelsea) £15m
14= Nicolas Anelka (Chelsea) £14m
14- Damien Duff (Newcastle United) £14m
16= Dimitar Berbatov (Manchester United) £13m
16= Ashley Cole (Chelsea) £13m
16= Fernando Torres (Liverpool) £13m
19= Emile Heskey (Wigan Athletic) £12m
20 Gary Neville (Manchester United) £11.75m



The full article contains 693 words and appears in The Scotsman newspaper.
Page 1 of 1

  • Last Updated: 06 January 2009 10:31 PM
  • Source: The Scotsman
  • Location: Edinburgh
 
1

Tobias Smyth,

Edinburgh 07/01/2009 09:16:21
re #1

If you actually spent time reading the article you would discover that it is a list of the richest people associated with football. Who's the joke?

I would have thought Paul Scholes would have been on the list. Surely he's made a good bit of cash from staying loyal to Man Utd.

2

AJ Fife,

07/01/2009 10:34:23
Good to see people doing so well!

 

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