By Staff writer
Manchester City owner beats out Arsenal shareholder and Lakshmi Mittal for top spot
Manchester City owner Sheikh Mansour bin Zayed Al Nahyan has been rated as the richest man in British football, according to a new survey.
UK-based Four Four Two magazine has estimated Sheikh Mansour’s wealth at £20bn ($31bn), 61 percent more than the second-placed owner.
Sheikh Mansour – who is Deputy Prime Minister of the UAE and Minister for Presidential Affairs – has invested heavily in Manchester City since the Abu Dhabi United Group took over the club in 2008.
He is estimated to have spent as much as $1bn on the takeover, plus new players and salaries.
In May, club chairman Khaldoon Al Mubarak said the club was likely to scale back spending on players after announcing a pre-tax loss of £121.3m ($192m) last season, the second-highest loss of any Premier club on record.
Despite this, Al Mubarak has said he believed the club is being managed "prudently" and he has no worries about meeting new financial targets being set by governing body UEFA.
In May, Manchester City signed football’s biggest-ever sponsorship deal with Etihad Airways, which is worth an estimated $482m over ten years.
Another Arab owner, Egypt-born Mohammed Al Fayed, who runs Fulham, made eleventh spot on the list, with an estimated worth of £1.3bn.
Arsenal shareholder Alisher Usmanov was second on the list with £12.4bn, while QPR owner Lakshmi Mittal placed third with £11.8bn.
Chelsea’s Roman Abramovich, who has topped the list in the past, was in fourth place, with £10.3bn.
Malcolm Glazer, the owner of champions Manchester United, was placed ninth on the list. He is believed to be worth £1.64bn.
I would like to congratulate Shaikh Mansour on this achievement. The fact that he has earned so much more than a businessman like Abramovich means he is one of the best businessmen out there. Not many self made businessmen have managed to make 20 billion pounds recently. I hope that he gets success through Manchester City winning the league , champions league and dominating European football for years to come
He is not Self Made ...
CONGRATULATIONS, THATS MA BOYS MY HOME IN THE U.K. IS CALLED EASTLANDS HOUSE. YOU SEE SPORT BRINGS ALL PEOPLE TOGETHER AS ONE, NO COLOUR, NO RELIGION, WE ARE FAMILY BECAUSE WE EMBRACE SPORT.
Man City boys are luckybecause they have a very strong helmsman.
Well he's merely investing in what is a loss making business in the UK, which is unlikely to turn a profit for many years to come, given the bloated state of the transfer market.
However by investing in the team which is starting to contemplate real silverware success, although I would like to see more British players coming through as they do at Man Utd in the interests of the national game, the weekly gates are beginning to grow and that pushes merchandise sales up.
If a true international fan base could be established along the lines of Man United, Liverpool, Barcelona etc in the Far East it would also add to revenues. Etihad cabin crew wearing Man City strip, Regular Team in focus section in the in flight magazine, small exhibitions at Etihad served airports. Manchester City Soccer School in Abu Dhabi at Zayed Sports City.
Obviously a serious football fan, Sheikh Mansoor's investment also keeps British citizens and their families in employment.
Hello dear mansour,
We want to ask you if you could help our soccer club sc veendam in the Netherlands. One of the old players of Manchaster City is Gerard Wiekens. also ass. trainer now....by the club....
We need the club en we need your support...
Help our club and old player..see please the site: