Newcastle United owner Mike Ashley might be a fairly wealthy man, but he’s no longer a Billionaire, at least in terms of the pound sterling, although he would still rank as a Billionaire in the US – in terms of US dollars.
Mike Ashley – worth just £800M
Ashley was a billionaire, but is now worth ‘only’ £800M according to the latest figures, researched and published by FourFourTwo magazine.
Of course just to set the stage here, most people are way down on their worth in terms of money, because of the world wide recession and the fact that stocks have dropped around 40% (at least) over the last 12 months or so and the net worth of companies have also dropped acourdingly.
Manchester City’s hugely wealthy owner Sheikh Mansour bin Zayed Al Nahyan has toppled Roman Abramovich to head the rich list of those involved in world football.
Sheikh Mansour, a member of the royal family of Abu Dhabi, has a personal fortune of £15B according to the Football Rich List, and the 38-year-old bought Man City in the summer, while Abramovich, Chelsea’s Russian owner, has slipped to as low as third in the list – and has been said to have lost over £3B due to the economic downturn.
Lakshmi Mittal, the 58-year-old Indian industrialist worth £12.5B is now second in the list, and he of course joined Formula One’s Bernie Ecclestone and Flavio Briatore investing in Queen’s Park Rangers.
David Beckham remains the richest player associated with British football – his personal fortune is worth £125M, with Newcastle United’s Michael Owen (£40M) and Man United’s Wayne Rooney (£35M). That’s a lot for Rooney since he hasn’t been in the game as long as Beckham and Owen – but it looks like he knows how to handle money, and that has to come as somewhat of a surprise.
Beckham is 38th in the overall list, and England head coach Fabio Capello is no pauper and is at No 73, worth an estimated £25M, and with a £6M-a-year contract and a £10M private art collection.
Manchester United boss Sir Alex Ferguson is at No 78 in the list (£22M) and Arsenal manager Arsene Wenger at No 92 (£14M) – paupers indeed.
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.”
Now let’s get this straight – our owner Ashley is worth just £800M, and he cannot afford £10M to give to Joe Kinnear in the January transfer window, so Joe can bring in a couple of decent players to help us stave off relegation?
And let’s not forget thsi same man almost destroyed the club over the last 4 months, and it’s not like Joe is asking for £30M or some big figure like that.
Some commitment to Newcastle United indeed!
Seems he’s more interested in night clubbing than rebuilding Newcastle United, and if things go badly in this transfer window Mike might again be encouraged to sell the club, to someone who’s more interested and committed to making Newcastle great again.
That’s not just our opinion, but will no doubt be the opinion of thousands of other fed up fans of our famous club around the world.
It’s time for Ashley to shape up or ship out.
Indeed, if we mess up again in January and get relegated in May, the club deserves everything it gets – because they need to get the job done in January, and not screw up again like they did in the summer. And of course since September the Newcastle Board have shown us complete and utter incompetence in everything they’ve done – or should we say not done – which is perhaps closer to the truth.
We had hoped Mike and the Board would shape up, but right now that’s looking very unlikely, but there’s still time for Mike to come through – and we’re holding our breath right now and hoping he will do just that.
Rich List Top 20
1 Sheikh Mansour bin Zayed Al Nahyan (Man City) £15bn
2 Lakshmi Mittal and family (QPR) £12.5bn
3 Roman Abramovich (Chelsea) £7bn
4 Joe Lewis (Tottenham) £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 (Man Utd) £1.1bn
12 Simon Keswick (Cheltenham) £966m
13 Trevor Hemmings (Preston) £900m
14 Mike Ashley (Newcastle) £800m
15 Randy Lerner (Aston Villa) £750m
16 Tom Hicks (Liverpool) £700m
17 The Walker Family (Blackburn) £660m
18 Mohammed Al Fayed (Fulham) £650m
19 Sir David Murray (Rangers) £600m
20 Steve Morgan (Wolves) £400m
Top 20 players: (overall position in the main list in brackets)
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)