CHELSEA'S megarich owner Roman Abramovich has finally been toppled from his Number One spot in the prestigious Football Rich List following the credit crunch and the take-over of Manchester City by an Arab Sheikh.
The top spot is now taken by new City owner Sheikh Mansour bin Zayed Al Nahyan, aged 38, estimated to be worth £15billion - more than twice as much as Abramovich, aged 42, who slips to third place with a fortune worth £7billion and who is said to have lost over £3billion in the economic downturn.
The Football Rich List, researched and published by FourFourTwo magazine, is worth a total of £61billion and includes 11 billionaires, 64 entries are British and three WAGS and there are 25 new entries.
Separating the two at Number Two is a new entry Lakshmi Mittal, aged 58, worth £12.5billion who joined Formula One's Bernie Ecclestone and Flavio Briatore investing in Queen's Park Rangers.
The new England manager Fabio Capello, aged 62 is also a new entry worth an estimated £25m with a £6m a year contract and a £10m private art collection and Sir Elton John is a new entry at Number 28 with a £235m fortune.
And Arsenal manager Arsene Wenger appears in the list at Number 92 with a fortune of £14m while his rival Sir Alex Ferguson is at Number 78 with £22m.
The Top Twenty out of the Top 100 in the Football Rich List are:
1. Shekh Mansour bin Zayed Al Nayan - Manchester City - £15bn
2. Lakshmi Mittal and family - QPR - £12.5bn.
3. Roman Abramovich - Chelsea - £7bn
4.Joe Lewis - Tottenham Hotspur - £2.5bn
5. Bernie and Slavica Ecclestone - QPR - £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 - £1.1bn
12. Simon Keswick - Cheltenham Town - £966m
13. Trevor Hemmings - Preston North End - £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 - Glasgow Rangers - £600m
20. Steve Morgan - Wolverhampton Wanderers - £400m
Despite the wealth of British football football expert Professor Tom Cannon says the bubble is about to burst. He claims clubs will start feeling the pinch when it is time to consider renewing seaon tickets or executive lounge hospitality facilties.
"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 porblems will be as you go down the divisions," Professor Cannon told the magazine.
Editor in Chief of FourFourTwo magazine Hugh Sleight said: “Judging by this list, football is the last remaining financial bubble. The combined wealth of our Top 100 is now £61bn compared with £41.7bn last year and £20.45bn in the first-ever Football Rich List in 2003.
“We’ve also got 25 new entries in the 100, primarily because of the continued rush to invest in British football over the last 12 months.
“But the landscape has already changed dramatically because of the recession. As Arsene Wenger rightly pointed out, football will suffer just like any other industry. So far there seems to be a time lag but as economic conditions continue to bite, clubs and owners will feel the effect and it will then be interesting to see the reactions of these very wealthy men as they see their fortunes disappearing. In 12 months’ time, this list could look very different indeed.”
The Top Twenty Players in the Four Four Two Rich List are: (overall position in the main list show in brackets) It includes five current Manchester United players.
1. David Beckham - £125M (38)
2. Michael Owen - £40m (56=)
3. Wayne Rooney - £35m (61)
4= Rio Ferdinand - £28m (69=)
4= Robbie Fowler - £28m (69=)
4= Sol Campbell - £28m (69=)
7. Ryan Giggs - £23m (77)
8= Michael Ballack - £20m (80=)
8= Frank Lampard - £20m (80=)
10.Steven Gerrard - £19m (86)
11. Cristiano Ronaldo - £18m (87)
12. John Terry - £17m (88)
13. Didier Drogba - £15m (89)
14= Nicolas Anelka - £14m (92=)
14= Damien Duff - £14m (92=)
16= Dimitar Berbatov £13m (96=)
16= Ashley and Cheryl Cole - £13m (96=)
16= Fernando Torres - £13m (96=)
19 = Emile Heskey - £12m ( 100)
20. Gary Neville - £11.75m (101)
THE FULL FOURFOURTWO FOOTBALL RICH LIST CAN BE SEEN IN THE LATEST EDITION OF THE MAGAZINE, OUT NOW.
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