City director in rich list big league
Norwich City director Andrew Turner is officially one of the richest figures in the British game. The boyhood Canaries' supporter - reportedly worth £275m - and founder of mortgages and loans' company Central Trust is ranked 29th in the latest football rich list.
Norwich City director Andrew Turner is officially one of the richest figures in the British game.
The boyhood Canaries' supporter - reportedly worth £275m - and founder of mortgages and loans' company Central Trust is ranked 29th in the latest football rich list produced by FourFourTwo magazine.
Previously named as the 253rd richest person in Britain by the Sunday Times, Turner and wife Sharon joined the Carrow Road board in May. The Turners purchased 5,000 shares from former vice-chairman Barry Skipper along with handing the club an interest free £2m loan.
City's self-made multi-millionaire is one of 25 debutants in the latest inventory of the domestic game which estimates a combined wealth of more than £11 billion has flowed into British football during the past 12 months.
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Arsenal's Russian shareholder Alisher Usmanov heads the new entries with a personal fortune estimated at £2.76bn - ranking him third overall behind Chelsea ogliarch Roman Abramovich (£10.8b).
Fellow billionaires Bernie Ecclestone (QPR), Mike Ashley (Newcastle) and US tycoon Stanley Kroenke (Arsenal) are also newcomers to populate the top ten.
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Other high profile first time entrants include Manchester City supremo Thaksin Shinawatra at number 16 plus Liverpool's American co-owners Tom Hicks (ranked 21) and George Gillett (31). David Beckham (45) heads a list of only 14 players in the top 100 with a personal fortune estimated at £112m.
England captain John Terry is ranked 95th on the prestigious list following recent comments from sports minister Gerry Sutcliffe criticising the obscene wages earned by Premiership footballers.
“The football landscape has changed dramatically in the last 12 months,” said Hugh Sleight, FourFourTwo editor. “That's reflected in this year's rich list with 25 new entries, five of them in the top 10.
“Football is for sale and the world's richest men are happy to splash the cash. A year from now, how many of our Premier League clubs will still be in English hands? With all the debate about how much footballers earn, it's worth noting that David Beckham's only at number 45 while John Terry just sneaks in at 95. Yes, footballers earn huge sums of money compared to Joe Public, but compared to the biggest stars in other sports and to the men who own the clubs they play for, they're relative paupers.”
1 Roman Abramovich, Chelsea - £10.8b
2 Joe Lewis, Tottenham Hotspur - £2.8b
3 Alisher Usmanov, Arsenal - £2.76b
4 Bernie Ecclestone, QPR - £2.5b
5 Mike Ashley, Newcastle United - £1.6b
6 Dermot Desmond, Celtic - £1.6b
7 Malcolm Glazer, Man Utd - £1.25b
8 Stanley Kroenke, Arsenal - £1.2b
9 Trevor Hemmings, Preston N.E. - £980m
10 Lord Ashcroft, Watford - £950m
Top ten players
1 David Beckham, age 32, LA Galaxy - £112m
2 Michael Owen, 27, Newcastle Utd -£37m
3 Robbie Fowler, 32, Cardiff City -£30m
4 Wayne Rooney, 22, Man Utd -£30m
5 Sol Campbell, 33, Portsmouth -£28m
6 Andriy Shevchenko, 31, Chelsea - £25m
7 Rio Ferdinand, 29, Man Utd - £25m
8 Ryan Giggs, 33, Man Utd - £23m
9 Michael Ballack, 31, Chelsea - £18m
10 Steven Gerrard, 27, Liverpool -£15m