The FourFourTwo.com Rich List 2011/12 brings you the wealthiest people involved in British football - managers, players, chairmen, shareholders and board members.
1. Sheikh Mansour bin Zayed Al Nahyan £20bn
Manchester City (Last year £20bn, 1st)
According to accountants with abacuses, the £23m signing of Samir Nasri took Sheikh Mansour's spending on Manchester City into 10 figures – £1.003 billion, to be precise, breaking down into £210m to acquire the club, £433m on transfers and an aggregate wage bill of £360m. For that he's achieved third place, an FA Cup win and a first Champions League campaign: admission to football's top table. The Sheikh won't be rooting down the back of the sofa for change. The brother of the ruler of the oil-rich Abu Dhabi, the biggest of the United Arab Emirates, he can afford to take a long view. His family fortune and that of Abu Dhabi as a state have been interlinked since oil was discovered in 1958, turning the nation of fishermen into a global financial powerhouse. The Abu Dhabi assets are reckoned to be nearly £400 billion. Married to Sheikha Manal bin Mohammed bin Rashid Al-Maktoum, daughter of Dubai's ruler Sheikh Mohammed bin Rashid Al-Maktoum, Sheikh Mansour is also politically influential as a member of the federal cabinet in the United Arab Emirates and Minister of Presidential Affairs. His love of sport has already led him to become chairman of Al Jazeera Football Club and the Emirates Horse Racing Authority. With the hefty spending at City and the fact that oil prices are level pegging, we keep Mansour at £20 billion.
2. Alisher Usmanov £12.4bn
Arsenal (Last year £8bn, 3rd)
Uzbek-Russian tycoon Usmanov's Red and White Securities has been buying shares in Arsenal and now has a 29.28% stake worth £235m. He says of his interest in the Gunners: "My love for Arsenal is like that of a man for a woman. It is not something you can sell." But nor can cash consummate the relationship: in April he lost the battle for majority control to Stan Kroenke, to whom Lady Nina Bracewell-Smith and the late Danny Fiszman decided to sell their shares to the American instead of Usmanov. The son of a former state prosecutor in Tashkent, Usmanov became rich through steel and iron ore mines. He has a 45% stake in Metalloinvest, Russia's biggest iron ore miner, which is valued at up to £13 billion. Usmanov's more recent investments are in media, telecoms and banking. He has made a huge profit on an investment in the £32 billion Facebook social network site. Usmanov bought $800 million of stock in state-controlled Siberbank in 2009. He also owns a £48million mansion in north London, as well as Sutton Place, the Surrey Tudor manor house formerly owned by the world's one-time richest man, J Paul Getty. In September 2007, Usmanov splashed out £20m to buy the art collection of the late cellist Mstislav Rostropovich for a state museum. With the recent stock market improvements, we raise Usmanov to £13 billion. But despite his large stake in Arsenal and his huge wealth, Usmanov is no nearer gaining control of the club from Stan Kroenke, the US billionaire who has over 66% of the shares.
3. Lakshmi Mittal £11.8bn
QPR (Last year £17bn, 2nd)
You can't always get what you want. Four years after buying into QPR, Mittal will be pleased to see the Hoops playing in the Premier League – but perhaps irked that the attention is on Malaysian majority owner Tony Fernandes, who beat Mittal to the 66% club stake formerly held by F1 supremo Bernie Ecclestone for a rumoured fee of around £35m. Mittal retains his 33% stake and his son-in-law Amit Bhatia is the QPR vice-chairman. But steel is where Mittal has made his fortune as boss of the world's largest steel maker, ArcelorMittal. He has grown rich by acquiring and turning round ailing ex-state-owned mills round the world. His father, Mohan, had moved to the city after Partition and built up a steel operation. After working in the family business, Mittal moved to Indonesia in 1976 and later in 1995, he separated his own steel operation from the family's Indian businesses, and went his own way. Mittal settled in London, where he loves to live, although he retains his Indian passport. His family stake in the company is now worth £7.877 billion. Mittal has a £9m pile in London's exclusive Bishop's Avenue, he also set a world record for a private home when he paid a reputed £70m to Bernie Ecclestone for a house in Kensington Palace Gardens. In all with past dividends, and a multi-billion investment portfolio, we reckon that the Mittal family is now worth perhaps £11.8 billion.
FourFourTwo's QPR club news page
4. Roman Abramovich £10.3bn
Chelsea (Last year £7.4bn, 4th)
History is dead to Roman Abramovich. Carlo Ancelotti did the league-and-cup Double for Chelsea in 2010 and within 12 months was sacked in a corridor. His successor Andres Villas-Boas needs to triumph quickly and repeatedly, specifically in the Champions League; in the heretofore fruitless pursuit of winning Europe's biggest club competition, Abramovich has dispensed with managers Ancelotti, Luiz Felipe Scolari, Avram Grant, Jose Mourinho and Claudio Ranieri – and close to £1 billion all told, with losses at the club rising to £77.8 m in 2009-10. Helpfully, Abramovich wrote off £340m of club debt to him in January 2010 and effectively turned a £709m loan into equity. It's eight years since Abramovich bought Chelsea for £140m but his background was far from privileged. Born in a bleak industrial town just south of the Arctic Circle, he was orphaned at three and raised by his uncle. Moving to Moscow at 14, he did his army service and then started his own business, first making cheap plastic products, later graduating to tyres. Shrewdly he moved into the burgeoning oil industry, buying Sibneft with tycoon Boris Berezovsky in 1995 for around £120m. Abramovich then bought the exiled Berezovsky's shares in Sibneft, which was sold to the Russian natural gas monopoly Gazprom in October 2005; the stake held by Abramovich and some minor partners was worth around £7.5 billion, with a further £280m dividend paid in June 2006 to former owners. Huge dividends over the years from Sibneft and sales of stakes in his other operations added another £2 billion. In recent times, Abramovich has diversified his portfolio by taking a stake in the Russian steel group Evraz and mining group Highland Gold. Abramovich and his partners have stakes in the two now worth £1812m, up sharply on the year. Even after a costly divorce from his former wife Irina, Abramovich has a string of property, art and yachting assets world-wide. With the hefty Chelsea spending, we clip him back by £300m from the £10,600m figure in Finans magazine's 2011 Russian rich list.
5. The Liebherr Family £3bn
Southampton (Last year £3bn, 5th)
Few would have enjoyed Southampton's recent successes more than Markus Liebherr (pictured). The industrialist died of a heart attack in August 2010, just 13 months after agreeing a deal to buy the then struggling Saints within two hours of arriving at the St Mary's ground. No terms were disclosed but the club came out of administration and Liebherr claimed the deal was "ein Schnappchen" (a bargain). Scion of the Liebherr family, whose self-named industrial group has expanded over the decades from tower cranes into all manner of machinery, Markus inherited a fifth of the family fortune when his father died in 1993 – but gave his shares back and developed his own business group Mali International. The whole Liebherr fortune is reckoned to be worth £3 billion. His family have pledged to continue his good work at Southampton. Generously funded, the Saints had finished 2009/10 in a disappointing seventh place in League One, but were promoted the following season; they have started 2011/2012 strongly despite the sale of Alex Oxlade-Chamberlain to Arsenal for £12m – a fee which took Southampton's income from the transfer of academy players like Wayne Bridge, Theo Walcott and Gareth Bale to more than £40m since the turn of the century.
6. Joe Lewis £2.8bn
Tottenham Hotspur (Last year £2.7bn, 6th)
Eye-catching adventures in Europe are nothing new to Joe Lewis, Spurs' ultimate owner with a £117m stake. Having made his early fortune in foreign-exchange dealing (and relocated to the Bahamas in the 1970s), he made a packet when Britain left the European Exchange Rate Mechanism in 1992. He recycles the forex profits into his Tavistock Group with interests in 175 companies in areas including property, financial services, life sciences, energy, industry and consumer goods. It also has significant holdings in Russian oil and gas. Among Lewis's property holdings are 3,600 acres in the Bahamas, 8,000 acres in Florida and a 50,000-acre ranch in Argentina – so it must have been particularly annoying when Spurs missed out on the prime real estate of London's new Olympic Stadium, which has been promised instead to West Ham United. Lewis has had his bad times – in March 2008 he lost nearly £500m on his investment in failed Wall Street bank Bear Stearns – but that hardly dented the Lewis fortune: the share purchases were not made with borrowed money but came straight from Lewis's deep pockets. He also has a £250m stake in the pubs group, Mitchells & Butler, and is trying to gain control of the company. He's helped by sales of business assets well before the Bear Sterns collapse – such as the CovX pharmaceuticals company to Pfizer – and continued huge annual profits on foreign exchange deals. Safe to say he won't need to go InterRailing round Europe any time soon.
NOT AS RICH AS... David Geffen, US record label boss (£3.5bn)
7. Denis O'Brien £2.517bn
Celtic (Last year £1.87bn, 7th)
Although no longer a director of Doncaster Rovers since the Yorkshire club was reorganised under the company name Patienceform (see entries 24, 59 and 82), Irish entrepreneur Denis O'Brien now has a 2.82% stake in Celtic. Obviously, football hasn't made him rich: that would be his wise moves in the telecoms industry. He started by winning a local radio licence in 1989 for Dublin; two years later he established Esat Telecom, which became the first company to compete against former state-owned telephone company Eircom. He also established Esat Digifone and won Ireland's second GSM license, to compete against the then state-owned telephone company's mobile section, Eircell. In 2000 O'Brien sold Esat Telecom to BT for $2.9 billion, collecting £175m for his stake. He then launched Digicel, a Caribbean-based mobile company now worth £1.6 billion after debt. That dwarfs his £1m stake in Celtic, as do other assets including the £36m Quinta do Largo golf resort in Portugal and a 21.6% stake in Irish News & Media.
8. Stanley Kroenke £1.8bn
Arsenal (Last year £1.85bn, 8th)
It can't be easy to be seen as the lesser of two evils, but a good businessman will welcome whatever opens doors for him. Although Arsenal hadn't invited the interest in a full takeover bid, Kroenke and Alisher Usmanov had been independently gathering minority shares as they jostled for position; the board preferred the American's advances, and the late Danny Fiszman and Lady Nina Bracewell-Smith sold their shares to Kroenke, whose 66% stake is worth around £530m. Born in Columbia, Missouri – where he still resides – Enos Stanley Kroenke married one of the US's richest women. With her sister Nancy, Ann Walton inherited stock from her father James, who (with his brother Sam) founded WalMart – now the world's biggest supermarket group. Kroenke built his own fortune developing commercial and retail properties, many not far from WalMart stores. A sports nut, he owns pro basketball's Denver Nuggets and hockey's Colorado Avalanche; both play at his Pepsi Center. He also owns a stake in pro football's St. Louis Rams. His assets also include five ranches covering 1.5m acres, shopping centres and office properties. Forbes' 2011 list of America's richest pegs him at £1.6 billion, but we raise him to £1.8 billion.
9. Malcolm Glazer & family £1.64bn
Manchester United (Last year £1.53bn, 9th)
The Glazers will never win any popularity contests among Manchester United fans. Having come under fire after borrowing heavily to take the club into private ownership, they were then criticised for considering a £600m flotation on the Singapore stock exchange. That idea was put on hold due to stock market volatility but the club's bottom line looks healthy: in the year to June 2011 turnover rose 15.7% to £331.4m, while operating profits reached an all-time high of £110.8m due to commercial revenues smashing through the £100m barrier for the first time thanks to a string of lucrative sponsorship deals. The accounts for Red Football, the club’s parent company, also showed its net debt fell from £377m to £308m. Whatever the figures – helped along the way, fans argue, by rising ticket prices – the Glazers remain the most hated owners in British football. Patriarch Malcolm Glazer, who inherited his father's jewellery busienss, also owns NFL franchise the Tampa Bay Buccaneers; other assets include investments in food, marine protein, broadcasting, health care, property, banking, natural gas, oil and the internet. Whatever dividends he reaps, they don't include the love of the Red Devils faithful.
10. Mike Ashley £1.37bn
Newcastle United (Last year £950m, 16th)
You can get a passable football outfit at Sports Direct for very little outlay; it's tempting to say the retailer's founder Mike Ashley is managing the same trick at Newcastle United, who have started the Premier League season strongly despite selling their four best players during 2011. Ashley's relationship with Magpies fans is best described as volatile. Having gradually bought the club whole over summer 2007 he was initially welcomed as a hero, swigging lager with the lads while wearing the famous black and white stripes and replacing the unpopular manager Sam Allardyce with local legend Kevin Keegan in January 2008. But Keegan resigned that September over transfer policy and the fans turned against the board, leading to Ashley offering to sell the club. He still hasn't found a buyer at the right price, having paid £134m and put in £258m all told, although fans are more likely to quote the £35m the club received in January for star striker Andy Carroll, who still hasn't been replaced. Money is not an issue for Ashley, especially compared to the privacy he has protected so fanatically before his sudden appearance under the floodlights. Once described as Britain's Howard Hughes, Buckinghamshire-born Ashley is thought to live in seclusion in Hertfordshire. What we do know is that the former squash coach opened a small chain of sports shops which he built into Sports Direct, now the UK's largest sportswear retailer, partly by taking his chances to buy brands like Donnay, Dunlop Slazenger, Kangol, Karrimor and Lonsdale. In February 2007 Sports Direct floated for £2.2bn, pocketing £929m in one day for Ashley, who retained control; shares dropped sharply but are recovering and the company is now worth nearly £1.3 billion with Ashley sitting on a £916m stake. His Newcastle United holding, past property deals, dividends, salaries and cash take him sailing into the billionaires' club.
11. Mohamed Al-Fayed £1.3bn
Fulham (Last year £1.3bn, 12th)
Four days before Fulham played in the 2010 Europa League Final, their chairman Mohamed Al-Fayed sold Harrods for £1.5 billion to Qatari Holdings, an investment fund of the tiny gas-rich Gulf state. Cottagers fans will be hoping 'Chairman Mo' bears them in mind when pondering how to spend the £900m or so he made from the deal. Fulham is just one of his interests. Styling himself Mohamed of the Glen, he swans about his 65,000 acre Balnagown estate in Scotland, wearing a kilt and making his own whisky. From 1999 the Al-Fayed family had £368m in dividends from Harrods, allowing Al Fayed to out some serious money into Fulham; having bought it for £6.25m in 1997, he has put £165m into the club in total and wrote off £9.5m in 2007. His other assets include the Ritz Hotel in Paris, bought in 1979 for just £10m, recently said to be for sale at £500m. Cautiously we reckon these other assets take Fayed to around £1.3 billion.
NOT AS RICH AS George Lucas (film-maker) £2.08bn
11. Lord Ashcroft £1.3bn
Michael Anthony Ashcroft, Baron Ashcroft, KCMG may not be the most popular man in football. For a start, he has divided loyalties: the Watford shareholder also has a £2.5m stake in Tottenham Hotspur. Perhaps more pertinently in these times of savage social-sector cuts, he made a pretty penny by spending a decade as a "non-dom" not paying UK tax on his overseas earnings, it was revealed last year. That was an embarrassment too far for the Conservative Party, of whom he had until then been the deputy chairman. Aschroft made a handsome gain from the £92.5m sale in January of the Priory, the drying-out clinic for the rich and famous. Having invested £45.5m for a stake in 2007, he more than doubled his money in less than three years. A former management trainee with Rothmans, Ashcroft built his fortune in cleaning and security, borrowing £20,000 in the early 1970s to buy a struggling cleaning company. From that he built up the ADT cleaning and security business, which was taken over in 1997 by the American Tyco conglomerate. Ashcroft took his proceeds in Tyco shares but sold his stake down in various stages, making around £500m in total. He also has interests in Belize held by the Nasdaq-quoted BB Holdings and here his stake is now worth £36m. He banked £132m following the sale of OneSource, his US janitorial business, where his original investment had been £500,000. More typically he makes a 30% return on his private investments, though the sale of British Car Auctions to Montagu, the buy-out group, made him a profit of £200m. Ashcroft also returned to the London stock market and we can see over £70m of stakes in seven quoted companies including his football interests. After re-investing sale proceeds and with other assets, we reckon Ashcroft is now worth at least £1300m after tax.
11. Dermot Desmond £1.3bn
Celtic (Last year £1.39bn, 11th)
A former stockbroker turned shrewd investor, the excellently-moustachioed Desmond is best known as the leading shareholder in Celtic: he has a 36% stake in the Bhoys currently worth £14m. Dublin-based Desmond also owns a string of assets in Britain and Ireland outside Celtic. His London City airport operation and a stake in Irish foods company Greencore were sold before prices slumped, netting Desmond £848m. He earlier made £240m from selling stakes in Esat Digifone, Baltimore Technology, Manchester United and Golden Vale. Desmond is continually on the hunt for similar projects via his Dublin-based International Investment & Underwriting Company, which studies 40 projects a year. It has found profitable ventures worldwide, for example, making £18m on his stake in Utah-based offender tracking firm Remote MDX, where shares increased fourfold last year before he sold them. Desmond also has around £20m of stakes in UK quoted companies.
14. Lord Grantchester £1.2bn
Everton (Last year £1.2bn, 14th)
The grandson of the late Sir John Moores, founder of the Littlewoods empire who gave up the chairmanship to sit on the Everton board, Grantchester has an 8% stake in the Toffees and donated £100,000 towards the £800,000 cost of acquiring the Everton Collection of memorabilia. The family wealth derives from the pools business, which started in 1923; it later branched out into mail order and retailing. The family sold some stores in 1998 and the pools side of the business in 2000; those proceeds and past dividends are worth £445m. But another windfall came in 2002 when the remaining department stores and mail order operation were sold for £750m. In all the family should be worth perhaps £1200m after-tax and charitable donations.
15. Ellis Short £1bn
Sunderland (Last year £1bn, 15th)
This summer, Ellis Short gave Steve Bruce – having led Sunderland to 10th place last season – a bundle of cash to overhaul the squad this summer with a spate of signings like Wes Brown, John O'Shea, Seb Larsson, Conor Wickham, David Vaughan and Craig Gardner. Bruce could argue that he had recouped north of £30m from the sales of Darren Bent and Jordan Henderson, but Short could easily foot the bill. Missouri-born of Irish descent, Short started his business career with General Electric, the American industrial giant but later worked for Lone Star Funds, a private equity firm based in Dallas, Texas. Short was the senior executive who ran the Asian operations. He has retired from Lone Star, He first came to prominence in Britain when he spent £23m in 2003 buying Skibo Castle, which operates as a members-only hotel and country club in Scotland. Short bought 30% of the Black Cats in September 2008 and assumed 100% control of the club in May 2009.
16. Vincent Tan £757m
Cardiff City (Last year £765m, 17th)
Different owner, same result for the Bluebirds: for the third season running they finished in the top seven but didn't gain promotion. Vincent Tan became Cardiff's largest shareholder in May 2010. Malaysian tycoon Tan has run his Berjaya operation since 1984. The name means ‘success’ in Malay, and its interests include hotels, lotteries, real estate and finance. He bought 100% of social networking website Friendster.com through his internet company MOL.com. He has a raft of well-known brands in the fast-growing country including Wendy's, Starbucks, Papa Johns Pizza, Kenny Rogers Roasters, Krispy Kreme and Borders bookstores. His infrastructure investments include water and sewage treatment and sanitary landfills in Malaysia, Indonesia and China. Forbes put Tan at £757m in its 2011 list of world billionaires, and we don’t disagree.
17. Peter Coates £750m
Stoke City (Last year £500m, 23rd)
Not a bad year for the Stoke City chairman: having reached an FA Cup final, the Potters are enjoying their first European campaign – and aided by the soaring success of his company Bet365, his personal fortune has gone up by 50%. Not bad considering his memorable quote, upon taking control of City for the second time, that "It's clearly not a sensible financial investment". He's not wrong – City lost £3.9m in the last financial accounts, and that deficit may well grow thanks to making signings like £10m Peter Crouch, but Coates couldn't be happier. He should be thanking his daughter Denise, who in 2000 had the great idea of taking gambling online. Having founded Stadia Catering in 1968, Peter Coates opened three bookmaking shops in 1974 and built up the Provincial Racing chain to 49 outlets; at the turn of the century, his daughter correctly assessed that much gambling activity would move online, and a £12m investment created Bet365. By 2005 Coates could sell the entire shop chain (for around £40m) to concentrate on the online business, whose profits soared in 2009-10 from £66.5m to nearly £101m on £420m sales. It's worth £700m, and the Coates family is worth £750m at least.
18. Randy Lerner £630m
Aston Villa (Last year £600m, 18th)
Five years after former Brooklyn boy Randolph D Lerner took over at Villa Park, things haven't progressed quite as well as might have been hoped. The Midlanders finished 6th for three seasons in a row but last season dipped to 9th among much supporter dissatisfaction, which was increased rather than dissipated by this summer's appointment of Alex McLeish from deadly (relegated) rivals Birmingham City. Lerner bought Villa from previous chairman 'Deadly' Doug Ellis in September 2006 for £62.6m. Lerner knows a thing or two about sport, albeit American football. His late father Al Lerner brought professional football back to Cleveland after making billions in credit cards through MBNA. His family sold the business to Bank of America in 2005 for $35 billion in cash and shares. Randy Lerner now runs and owns NFL outfit Cleveland Browns and his personal fortune was put at £630m in the latest Forbes list of world billionaires.
19. Marcus Evans £625m
Ipswich Town (Last year £510m, 22nd)
They say you should stick to what you know and love, but Marcus Evans is a rather large exception. Notoriously reclusive – to the point where photographs of him are far too expensive for poor ol' FourFourTwo to afford – he made his money largely by getting people together. Founded in 1983, the Marcus Evans Group is a conferences, events, in-company training, sports hospitality and an on-line information operation; in 2010 it made around £35m and is worth £400m. We add another £225m for property and other assets, taking Evans to £625m. In December 2007 he bought an 87.5% stake in Ipswich Town, investing around £44m which included the club's existing £32m debt. Six months later the club agreed a sponsorship deal with the Marcus Evans Group lasting until 2013, the longest in the club's history. It's clear that he isn't a hardcore football fan, but sees it as a business opportunity. Having seen star young striker Connor Wickham sold to Sunderland for £8.1m this summer, Town fans might be getting together and urging him to speculate to accumulate.
20. John Henry £600m
Liverpool (New entry)
Completing a £300m takeover of Liverpool in October 2010 – days too late for the last Rich List – makes John W Henry this year's highest new entry. It feels like he's been around for longer, a blessed relief following the antagonism towards his compatriots and predecessors George Gillett and Tom Hicks. Widely welcomed, if cautiously in some quarters, Henry is a different kind of owner to Gillett and Hicks. Quietly considered and approachable (he runs his own Twitter account), Henry struck popularity gold by replacing Roy Hodgson with Anfield legend Kenny Dalglish and rubber-stamping a squad rebuilding process at considerable cost. Henry knows how valuable emotional ties are in sports: having bought the Boston Red Sox for $700m in 2002, he abandoned the previous owners' plans to demolish the iconic Fenway Park stadium and instead renovated it, an option he is likely to repeat at Anfield. But popularity is also aided by success: in 2004 the Red Sox won their first championship in 86 years. How Liverpool fans would welcome a first title in 22 years. Henry, who hails from farming stock in the mid-West, made his fortune first in commodity trading before moving into sports management. Today his New England Sports Ventures owns Red Sox, Fenway Park and an 80% share of the lucrative New England Sports Network TV company. Henry is also an auto racing buff who owns 50% of NASCAR's Rousch Fenway Racing. He co-founded online racecar site iRacing in 2004. In early 2011 his fortune was assessed at £630m by Forbes in its list of world billionaires.
21. Stephen Lansdown £557m
Bristol City (Last year £516m, 21st)
In June 2011 Stephen Lansdown stepped down as an executive director of the Hargreaves Lansdown financial services group that he co-founded in 1981. He and Peter Hargreaves had started by offering financial advice from the front bedroom of a Clifton cottage; gaining traction via some well-judged ads in the Daily Telegraph, the business grew massively and floated in May 2007, rated around the billion-pound mark.
He sold £47m of Hargreaves Lansdown shares in 2009 to fund private projects including a new stadium for the Robins and another £58m worth in 2010. But it will be a long haul as the team have had a difficult start to the 2011-12 in the Championship. Lansdown retains a stake worth £477m. He sold £75m worth of shares in the float and with the other sales and dividends, is easily worth £557m after-tax.
22. Trevor Hemmings £550m
Preston North End (Last year £500m, 23rd)
Leisure tycoon Trevor Hemmings has two passions: football and racing. In April his horse Ballabriggs won the Aintree Grand National, his second triumph in the great race. Hemmings could make a lot of money from selling his 41.5% stake in Arena Leisure, which runs Doncaster, Royal Windsor and Lingfield Park racecourses. But football is not so lucrative for Hemmings. He had to rescue his beloved Preston North End in July 2010 by paying the club's latest tax bill. Hemmings, who holds an 88.5% stake in North End, loaned the struggling football club £200,000 through his Guild Ventures investment group. Hemmings' loans to the club are now just shy of £15m. He has the cash, having recently sold the famous Blackpool Tower to the local council for around £40m. He had started out in business with his own housebuilding firm, selling it for £1.5m in the early 1970s to the late Sir Fred Pontin. Hemmings became his right-hand man in the Pontins leisure operation. He later took over the business and sold it in 1989 for a hefty profit. In 2000 he bought Littlewoods' pools operation from the Moores family for £161m. His main holdings company, the Northern Trust Group, had £122m net assets in 2009-10. His pub company Trust Inns has £84.3m net assets while we can see £47m of stakes in quoted companies.
23. Balaji Rao & family £500m
Blackburn Rovers (New entry)
Last November, the trustees of Jack Walker's estate sold 99.9% of the shares in his beloved Blackburn Rovers for £23m to the Rao brothers. Their family business, Venky's, was started by their father and in 39 years has gone from a small family business in India to Asia's largest poultry firm. The company’s portfolio now includes animal health products, pellet feeds, processed chicken products and solvent oil extraction, and SPF Eggs. It now also manufactures nutritional health products for humans and is the preferred supplier to the fast-food chains McDonald's, KFC, Pizza Hut and Domino's Pizza in India. The Raos own enormous amounts of land all across India, and they are expanding world-wide – Singapore, Bangladesh, Vietnam, Switzerland, Brazil – buying property and land for cash. Turnover of the Indian businesses is estimated at £1billion with profits of £100m but growth has been huge in recent years. In all the Raos are reckoned to be worth at least £500m and perhaps a lot more. Lucky old Rovers fans.
24. Terry Bramall £425m
Doncaster Rovers (Last year £450m, 25th)
Rovers board member Terry Bramall's father co-founded the Doncaster-based Keepmoat construction group in 1931. Terry joined in 1968. The business started to move forward in the 1970s when local authorities started to refurbish their housing stock. His family had a 72% stake when it was sold in 2007 in a £783m deal. We mark that down for tax, his charitable work and his generous underwriting of Championship football club Doncaster Rovers, whose ground is sponsored by Keepmoat.
25. David Sullivan £400m
West Ham United (Last year £400m, 26th)
A season of ups and downs for West Ham's new co-chairman: the Hammers got the nod to inhabit the 2012 Olympic Stadium but then got relegated from the Premier League. Together with business partner David Gold, Sullivan bought a 50% stake in West Ham in early 2010 valuing the club at £105m. He just can't leave football alone: the ink had barely dried on his sale of Birmingham City, where after 16 years he made £20m from selling his stake, although he and the other Birmingham owners must have pumped at least that much in. Roldvale, his main company, made a £528,000 loss in 2009. His dividends and salaries in the last 12 years total £55m. Sport Newspapers, publisher of the lurid tabloids, was sold in 2007 for around £50m. Sullivan also has a £300m plus portfolio. The Conegate property firm showed £130m net assets in 2010. In all he is easily worth £400m.
26. Steve Morgan £390m
Wolverhampton Wanderers (Last year £350m, 28th)
Rightly applauded for sensible housekeeping rather than outlandish spending, Wolves are starting a staged rebuilding of Molineux. On both counts, they're owned by exactly the right man: Steve Morgan – who bought Wolves from Sir Jack Heyward in August 2007 for a nominal £10 and the promise of £30m investment – knows the value of sensible investment, and made his money in construction. After an OND in civil engineering at Liverpool Polytechnic, Morgan worked with a local civil engineering contractor for two years. In the recession of 1974, his employer decided to pull out of civil engineering, but was stuck with an unwanted £25,000 contract in Penley, North Wales. As Morgan recalled, "I told them I was happy to leave and do the work for them as subcontractor. I borrowed £5,000 from my father to set up, and made £5,000 profit on the job after paying my father back. That's 100% return on capital in three months." Twenty years later, as one of the biggest housebuilders in Britain, Redrow was floated on the stock market. Morgan sold £240m worth of shares in the float and afterwards when he left the Redrow board in 2000. He also had a £100m stake in the De Vere leisure group, which was the subject of a bidding battle in the summer of 2006. Morgan also recently shared £75m sale proceeds on a Spanish development. In March 2009 Morgan returned to Flintshire-based Redrow as chairman and has seen the share price revive; he has a £106m stake.
NOT AS RICH AS JK Rowling (author) £530m
27. Sir Martyn Arbib £325m
Swindon Town (Last year £325m, 29th)
When Sir Martyn Arbib joined the consortium taking over the Robins in January 2008, some said he was backing the wrong horse. That would make a change for Arbib, whose horse Snurge won the 1990 St Leger. A former City financier, Arbib set up the Perpetual fund management group in Henley-on-Thames in 1974. He sold it for £1.05 billion in 2000, collecting £113m in cash and shares in the purchasing group, Amvescap, worth around £300m at the time. He became Amvescap's second largest shareholder. With previous share sales and other assets, the Arbib family should be worth £325m after tax.
28. Assem Allam £287m
Hull City (New entry)
Assem Allam's family spent £31m acquiring the Tigers in December 2010. The club is now debt-free. So is Allam, who left his native Egypt in 1968 and took over a long-established Hull diesel engine group in 1981, renaming it Allam Marine. A manufacturer and supplier of industrial and marine generators, it made a record £17m profit on £132m sales in 2010 and is easily worth £220m. The Allam family also owns a small development company with £2.3m net assets and £46m of personal property; with Hull City included, the Allam family is worth £287m.
29. David Gold £250m
West Ham United (Last year £360m, 27th)
Having sold Birmingham City and stood down as chairman, in January 2010 David Gold bought a 50% stake in West Ham along with his business partner David Sullivan, extending that to 61.5% in May. The deal valued the Hammers at £105m. Gold had 16 years at Birmingham and made around £20m from selling his stake to Carson Yeung. Gold also owns Gold Group International, which has interests ranging from property to the Ann Summers company, the latter being run by his high-profile daughter, Jacqueline. In 2009-10, its parent GGI International made a £380,000 profit on £126m sales in 2009-10. It is worth its £75m net assets. Other asset sales such as Gold Air International plus property take the Golds to £250m.
30. Robert Earl £240m
Everton (Last year £200m, 32nd)
Robert Earl has a 23% stake in Everton, but while the club remains at an impasse over whether to rebuild Goodison or find a new stadium, he has been concentrating on rebuilding the Planet Hollywood hotel-casino operation. The son of a 1950s crooner, London-born Earl has been in the restaurant trade all his life and made a £50m-plus fortune by the early 1980s. Launching Planet Hollywood, with a host of movie stars from Sylvester Stallone to Bruce Willis as partners, propelled him into the limelight. His other interests including a stake in the Earl of Sandwich chain of takeaway food outlets in America, and a chain of Italian family restaurants bought for over £30m in 2009 which are now worth £125m. With the Earl family property holdings, and other family interests, his total worth is now £240m.
31. Tony Fernandes £208m
QPR (New entry)
QPR's new majority shareholder is a Malaysian entrepreneur who has a long realtionship with England. Tony Fernandes was educated at Epsom College from 1977 to 1983 and then graduated from the London School of Economics in 1987. He worked very briefly with Virgin Atlantic as an auditor, subsequently becoming the financial controller for Richard Branson's Virgin Records in London from 1987 to 1989. He moved back home and worked for Warner Music there from 1992 to 2001. Just after the September 11 terror attacks he took over AirAsia, the heavily-indebted subsidiary of the Malaysian government-owned conglomerate DRB-Hicom. Just one year after his takeover, AirAsia had broken even and cleared all its debts; in November 2004, its initial public offering (the first stock offer by a previously private company) was oversubscribed by 130%. As a serial entrepreneur, he has founded no fewer than four airlines – AirAsia, its long-haul affiliate Air-Asia X and joint ventures in Indonesia and Thailand. He is also part-owner, with his business partner, of the privately held Tune Group, which runs hotel, financial services and mobile phone businesses. In August he bought Bernie Ecclestone's 66% stake in the Hoops for at least £35m. He also owns the Team Lotus F1 racing team.
NOT AS RICH AS Simon Fuller (music manager) £375m
32. Jeremy Hosking £193m
Crystal Palace (New entry)
A keen steam train enthusiast, Jeremy Hosking is one of the City's top hedge fund managers. His company, Marathon Asset Management produced a bumper £121.2m profit on nearly £155m turnover in the 15 months to March 2010. Established in 1986 by Neil Ostrer and Hoskings, a star fund manager, it has been consistently profitable through the economic crisis. It has also paid out over £300m to the members of its partnership in the last four years. On its profit record, it should be worth at least £400m, which values Hosking's stake at perhaps £133m. We add around £60m for past salaries and dividends after tax and spending and stakes in quoted companies including model train maker Hornby and Penna Consulting, worth £7m. In August 2010, Hosking was part of a four-man consortium which bought Selhurst Park and Crystal Palace FC out of administration.
33. Dave Whelan £190m
Wigan Athletic (Last year £190m, 36th)
Wigan owner Dave Whelan's playing career effectively ended when he broke his leg playing for Blackburn Rovers in the 1960 FA Cup Final. He turned himself into a successful entrepreneur, building the JJB sports retailer. In 2007 he sold his family stake in JJB for £190m to an Icelandic-backed consortium and left the company. Despite the hefty investment in Wigan, Whelan should be worth £190m as he has other assets and sold over £60m worth of shares in previous years.
34. Lord Harris & family £185m
Arsenal (Last year £198m, 35th)
Lord Harris picked up a useful £622,750 in April when he sold his Arsenal stake to American tycoon Stan Kroenke, now the Gunners' major shareholder. But Harris remains on the board of the football club that he loves. Harris's main business is Carpetright, a carpet retailer based in Essex. It has been having a tough time of late, recently warning that the ‘challenging environment’ would continue into 2012. Peckham-born Harris took over his late father's carpet shops at 15. He sold those and his second chain Harris Queensway in 1988 netting £69m for his stake. In 1991, he started Carpetright, floating it on the stock market two years later. The Harris family stake is now worth £85m, the separate Harris Ventures private investment company had £70m of net assets at the end of 2009. Other assets and past dividends take Harris and his family to £185m. Harris would have been much richer but for the £100m he has given to charity over the years.
35. Sir John Madejski £175m
Reading (Last year £200m, 32nd)
A man on a mission to be remembered, John Madejski has funded a stadium, a hotel and a secondary school which all bear his name. The stadium belongs to Reading, of whom he is chairman and owns 98.8% of the share. Knighted for services to charity – he has helped out the Royal Academy of Arts, Victoria & Albert Museum and Reading University (of which he is chancellor) – Madejski started along the road to riches by setting up Autotrader magazine in 1977. He sold it in 1998 for £174m, along with the Goodhead printing group for a further £180m. Now a serial entrepreneur, his other interests include a radio station, a five star hotel in the Galapagos Islands, a Chinese bottling plant, technology and printing operations.
36. Sir Keith Mills £160m
Tottenham Hotspur (Last year £160m, 40th)
Mills made £160m from the sale of the Nectar loyalty card business in 2007. A factory worker's son, he worked in marketing and in the late 1980s thought up the Air Miles loyalty scheme. British Airways took it over in 1994, paying a reported £10m for the stake held by Mills and his partner. In 2002, Mills started the Nectar card and never looked back. His other assets not included in the 1994 sale and property take Mills to £160m after tax. He was knighted for his role in securing the 2012 Olympics for London and is on the Tottenham Hotspur board. We can only imagine his torment when the Olympics Stadium was awarded to West Ham instead of Spurs.
NOT AS RICH AS Sting (musician) £180m
37. Dean Hoyle £154m
Huddersfield Town (Last year £154m, 42nd)
Lee Clark's Terriers came agonisingly close to promotion from the third tier last term. He's already been well funded but if his squad needs a push over the line he can always tap up his chairman Dean Hoyle. In the early Dean Hoyle was selling greetings cards from the back of his van in his home town of Wakefield. By 1997, he and his wife Janet had set up the Card Factory. The business was sold for £350m in April 2010. The Hoyles should have picked up £150m for their stake. Other assets add £4m.
38. Valery Belokon £150m
Blackpool (Last year £200m, 32nd)
Blackpool co-owner Valery Belokon knows a deal when he sees one. Having personally financed Charlie Adam's £500,000 signing from Rangers, the Latvian tycoon was entitled to a 30% share of the £7m fee Liverpool paid for the Scottish midfielder in July. Coincidentally £7m was how much Belokon, who has a 25% stake in the Seasiders, had spent financing their rise up two divisions. It was the late Sir Stanley Matthews who provided the inspiration for banking magnate Belokon to underwrite Blackpool. Belokon's main company is Belokon Holdings with interests ranging from a stake in the Baltic International Bank, a finance group, a fish cannery, a brewery, commercial television and other media outlets. The bank had assets of around £80m before the credit crunch. With his other business interests, including his Blackpool stake, Belokon has a fortune reckoned to be over £200m but in the current depressed economic climate we cut that to £150m.
38. William Haughey £150m
Celtic (Last year £150m, 43rd)
Born in the Gorbals in 1956, William Haughey served an apprenticeship as a refrigeration and air-conditioning engineer before working for two-and-a half years in the United Arab Emirates. He set up the company City Refrigeration in 1985, starting with four employees and a turnover of £100,000. It provided refrigerators and technical services to pubs. In 2004, it was named by Business Week magazine as Europe's hottest high-growth company. City Refrigeration made £5.1m profit on £304m sales in 2010. Haughey was offered over £300m for the group in 2002 but turned it down. That was in the boom; today we value the business at around £120m. Haughey also sat on the board of Celtic from 1994 to 1997 and still has a stake in the club. He has donated an estimated £1m to the Labour Party since 2003, including more than £150,000 to the party in Scotland. Hotel and property assets should take Haughey to £150m easily.
40. Stewart Milne £140m
Aberdeen (Last year £140m, 45th)
Work its due to start early in 2012 on a new 21,000-seater stadium for Aberdeen Football Club. Aberdeen chairman and owner Stewart Milne has warned that the club faces a very bleak future without the £38m stadium. On the business front, his Stewart Milne housebuilding group is gradually recovering from the severe downturn in domestic construction. In 2009-10 it moved from a £27m loss to a small profit of £140,000 although sales still fell to £251m. The Aberdeen-based business was started in 1975 by Milne, a former apprentice electrician. With nearly £109m net assets, it should be worth that sum, and Milne owns it all. Other assets keep Milne at £140m.
41. Sir Tom Farmer £136m
Hibernian (Last year £115m, 46th)
Tyres made Edinburgh-based Farmer his first fortune. One of seven siblings from a devout Roman Catholic family, Farmer trained as an apprentice in engineering, but left in 1964 to found his own firm which he sold in 1969 for £450,000. He retired to the United States, but became bored and decided to find a new challenge. Noticing the standards of customer service in the States, he returned to Edinburgh to found the Kwik Fit chain of garages in 1971, later selling the company to Ford in 1999 for £1 billion. Farmer netted £78m for his stake. He retained the freeholds on many Kwik-Fit properties and is now heavily involved in property and other investments. He started Farmer Autocare in 2003 as a mini Kwik-Fit. We can see half a dozen small companies controlled by Farmer or his trusts with around £39m net assets in 2010. Sales of stakes and his ownership of SPL club Hibs take him to £136m.
NOT AS RICH AS Sir Tim Rice (composer) £143m
42. David Beckham £135m
LA Galaxy (Last year £100m, 49th)
Arab-backed arrivistes Paris St-Germain have become the latest club to express an interest in signing David Beckham when his MLS contract expires. He is by far the highest-paid player in MLS history – although not as well-paid as you might think from the hysteria generated, perhaps not without the help of his advisors, when he crossed the Atlantic in 2007. Although dwarfing some of his team-mates' remuneration, his £4m basic – down from the £6m annual contract at previous club Real Madrid – represents a small fraction of his overall annual earnings from grooming products and endorsements of about £25m from companies such as adidas, EA, Yahoo and Coty. In 2007, he was reportedly paid $13.7m to launch his fragrance line in the US. Beckham is now clearly preparing for his life after football. Beckham's own company, Footwork Productions, has paid him nearly £75m in salary and dividends from 2002 to 2009. Forbes' list of the Top 100 celebrities puts his income at £56m in the two years 2009 and 2010. With Victoria, his wife of nearly 12 years, fashion and cosmetics lines are being launched. They have their own company, Beckham Brand Limited, to exploit the Beckham name. In 2009 its profits came in at £622,000. We push up his value to £135m this year.
42. Steve Gibson £135m
Middlesbrough (Last year £142m, 44th)
Steve Gibson will be delighted to see Middlesbrough starting the season strongly, but he's not a man to panic in a crisis: he's seen Boro in much worse situations than failing to escape the second tier. Having joined the board in 1984, he was a director in 1986 when Ayresome Park was padlocked with Boro 10 minutes from liquidation. He secured majority ownership in 1993, moved the club to the Riverside Stadium and in all has poured in north of £100m. The son of a local welder, Gibson left school at 17 and started his own haulage company, Bulkhaul, at the age of 23 with £2,000 borrowed from his father and £2,000 from his savings. In 2009, profits at his Gibson O'Neill business, which controls Boro and Bulkhaul, hit a record £29.7m on £197.6m sales. With £98.6m net assets, it is worth £170m. Gibson's stake is worth £127m. Other assets take him to £135m.
44. Vichai Raksriaksorn £132m
Leicester City (New entry)
A keen polo player, Vichai Raksriaksorn owns the VR Polo Club in his native Bangkok. But as one of Thailand's richest men, he also took over Leicester City, the championship football club, in August 2010 in a deal reckoned to be worth £39m. Raksriaksorn has a £132m fortune according to the latest Thai Rich List. He owns duty-free stores at all of Thailand's international airports through his company King Power Duty Free; he also owns commercial properties at Bangkok's Suvarnabhumi International Airport, one of Asia's largest. Oh, and he sponsors the Thai national football league. His son Aiyawatt is vice-chairman of the Foxes, and the pair have big ambitions for the club.
45. Nigel Doughty £120m
Nottingham Forest (Last year £98m, 50th)
Things aren't going well at Forest. After the acrimonious departure of boss Billy Davies, the appointment of former England manager Steve McClaren was supposed to signal a new era. But with a painfully thin squad struggling badly in the Championship, McClaren and chairman Nigel Doughty both announced their exits in the week before this Rich List went live. Doughty will remain until the end of the season and remains the owner of a club he is said to have sunk £70m into over the last 11 years; in his resignation announcement he pledged to continue funding the club. He runs Doughty Hanson, the West End-based private equity business which has invested over £17.6 billion in over 100 companies since it started in 1985. Its profits jumped to £22.7m on £53.8m turnover in 2009 when it showed £126.5m net assets. It should be worth £250m. Doughty had a 62.4% stake worth £156m. His salaries in the 1995-2005 period total over £18m. But with his charitable donations and his spending on Forest, Doughty should be worth £120m.
45. Kevin McCabe & family £120m
Sheffield United (Last year £180m, 39th)
Sheffield United's relegation to the third tier last summer will have hurt Kevin McCabe. Although he had stepped down as chairman in November 2010, he still owns the club in whose shadow he was born. The Bramall Lane boy trained as a quantity surveyor and started working for Bovis in 1964 at the age of 16. He joined the Teesland property group in 1971 and nine years later formed the Scarborough Property Co. He sold that to Australian property group Valad in June 2007 – just before the property crash – for £865m, which included debt. McCabe's proceeds from the original sale should have been the £142.7m we can see paid out to his family and trusts in a special dividend from the Scarborough Group in 2007-08. His new parent company, Scarborough Group International, turned in a hefty £133.6m loss in 2009-10. With the dividend and hefty investments in China, we value the McCabe family at £120m after tax.
47. Andrew Black £100m
Swindon Town (Last year £185m, 37th)
A Swindon Town director and member of the consortium that took over the club in 2008, Andrew Black used to make a decent living as a professional gambler backing horses or playing bridge. But he resented the money that traditional bookmakers were making and thought that there had to be a better way of betting. It was when he met former investment banker, Ed Wray, at a 1999 garden party that he found the better way. Black described his idea for a different kind of bookmaking where punters would post bets of their own online and wait for others to take them on. Betfair was born the next year when the pair raised over £1m in venture capital funding. Its site is working 24 hours a day, seven days a week thanks to a huge investment in technology. Betfair floated on the stock market in October 2010 valued at nearly £1.4 billion. But initial euphoria quickly wore off and the shares have fallen sharply since. The group is currently worth just £788m. Black's stake is now worth £80m. Share sales at the float and other assets add around £20m after tax.
47. David Fransen £100m
Watford (New entry)
Fransen is managing director of Vitol, a Swiss-based oil trading giant. In 2009 it shipped 316 million tonnes of crude oil and energy products, bringing in $143 billion in revenue. A lifelong fan of Watford, the championship football club, Fransen joined the Hornets board in 2009 and loaned the club £500,000 last year. There is little in the way of hard facts on Vitol's profitability but its British subsidiary, Vitol Broking, made an £8.1m profit on £29.4m sales in 2009. We reckon Fransen should easily be worth £100m.
47. Vladimir Romanov £100m
It was in late 2004 that Vladimir Romanov, a Russian-Lithuanian multi-millionaire, began to be involved with Hearts in what was styled the “Romanov Revolution”. In February 2005, Romanov purchased 29.9% of the share capital, taking effective control of the club. He then increased his holding to 80% and thus gained full control of the club. Romanov also arranged for a £4.5m loan due to Scottish Media Group to be paid off by his investment bank. Ever the optimist, Romanov said that his ultimate aim is for Hearts to win the Champions League. But he is no Roman Abramovich despite being the majority shareholder in Ukio Bank. He also has substantial business and industrial interests in Moscow, Bosnia and the Ukraine. Ukio has its headquarters in Kaunas, Lithuania's second city, where Romanov's passion for football is also evident in FBK Kaunas which he also owns. His total wealth is reckoned to be around £100m.
50. Dick Watson & family £95m
Doncaster Rovers (Last year £95m, 51st)
Scottish-born Dick Watson made his fortune through construction. He was a director of Keepmoat, an urban regeneration specialist which is one of the largest social-housing providers in the north. When it was sold to a Bank of Scotland-backed management team in August 2007 for £783m, Watson's 18.26% stake was worth £90m after tax. He had joined the Doncaster Rovers board in 2006 and is also a 26% shareholder in the parent company of the Championship strugglers.
51. Robbie Williams £90m
Port Vale (Last year £85m, 52nd)
The artist formerly known to Noel Gallagher as a "fat dancer" could be in for a bonanza – and Port Vale's faithful will no doubt be hoping he will spend some of it on the Valiants. Williams is not just the Burslem club's most famous fan, he's also their leading shareholder, having in February 2006 bought £240,000 worth of the £250,000 of available shares in the club (the other £10,000 was bought by a stairlift firm). Williams' previous six-album deal with EMI – worth a record-breaking £80m which may never be topped – has expired, but the record company are negotiating a £40m tie-up with Williams that would give them a slice of the Take That star's income from touring, merchandising and publishing rights. The deal is expected to include another three albums plus a further greatest hits package. The fruits of his last EMI record deal in 2002 are evident in Williams' disclosed income, which exceeded £89.1m over the period from 2002 to 2009. With the proceeds of 95m album sales and 40m single sales before and after the EMI deal, accumulated earnings and the money now flowing in, Williams should be worth £90m but will go higher if and when a new deal is signed.
NOT AS RICH AS Lennox Lewis (boxer) £110m
52. Frank van Wezel £88m
Southend United (Last year £72m, 59th)
It took 10 years for Southend United to build their current home Roots Hall, with fans chipping in financial and even physical help during construction. The club now want to move to a 22,000-seat stadium at Fosset's Farm, but the fans won't be turning up with tenners and trowels: they might instead smile sweetly at long-term Shrimpers director Frank van Wezel. Dutch entrepreneur Van Wezel made his fortune through sports shoe company Hi-Tec Sports, which he set up in 1974. He is chairman of the Southend-based group, which was quoted until Van Wezel took it private in a £15.7m deal in September 2000. The British arm, Hi-Tec Sports plc, made £3.5m profit on £105m sales in 2010. But its global sales are now around $250m and it is growing at about 10% a year.
53. Roy MacGregor & family £85m
Ross County (Last year £85m, 52nd)
Roy MacGregor has a long history with Ross County. He was once a youth-team player at the Dingwall club, hitch-hiking back to his Invergordon home after training sessions. Having made his money, he has spent several spells as chairman helping the tiny Highlands club up the Scottish football ladder, his latest reappearance being in June 2010 shortly after County contested the Scottish FA Cup final. They lost that to Dundee United but are enthusiastically eyeing the top flight. His playing career coming to nothing, MacGregor started work in his family's supermarket operation, which was sold in 1985. He went into recruitment, property and supplying food and other products to the Cromarty Firth oil rigs. This became MacGregor Energy Services, which was sold in 1997 for £20m. But in 2005 he started again, founding Global Energy (Holdings) which makes, repairs and inspects oil rigs and the like. In 2009-10 the £70m company made £5m profit on £129m sales. Other assets such as MacGregor Properties, with £15.5m net assets, take the family to £85m.
54. Owen Oyston & family £80m
Blackpool (Last year £85m, 52nd)
Actor turned entrepreneur Owen Oyston has made at least £50m since 1987 from astute sales of assets such as an estate agency chain, radio stations and magazines. In the late 1980s he gained control of struggling Blackpool FC and made grand plans for a new stadium and a return to top-flight football. That didn't happen on his watch: in 1996 he was sentenced to six years in prison (he still maintains his innocence) and handed control over to his wife Vicki, who in turn handed over to son Karl in 1999. The club were relegated to the fourth tier the following season but worked their way back up with three promotions in a decade to reach the top flight in a (partially) rebuilt stadium. Karl Oyston stepped down as chairman in August 2010 but returned in 2011 and the family still has a majority stake in the club. With property dealing and the £6m of net assets we can see in various Oyston companies we value the family at £80m.
55. David Allen £75m
Chesterfield (Last year £75m, 57th)
Chesterfield chairman and majority shareholder Dave Allen's long and often controversial association with Sheffield Wednesday ended in December 2010 when he sold his 10% shareholding to Milan Mandaric for £750,000 – with another £750,000 to be paid if and when Wednesday return to the Premier League. The Owls promptly went down from the Championship to League One, the same level as Allen's new club Chesterfield, but he can wait for his payback. A leisure tycoon, Allen borrowed £3,600 to start a nightclub in Rotherham back in 1968. From that came the A&S Leisure group, a casino to greyhound and speedway track operation. He now has two companies – A&S and Napoleon's Leisure – showing £60m net assets in 2010. Other assets take Allen to £75m.
56. Bill Bottriell £72m
Tottenham Hotspur (Last year £73m, 58th)
Bored of your job? So was Bill Bottriell in 1986. Attending a job interview set up by one Simon Arber, Bottriell found more than a new employer – he found a partner and a way to riches. They set up Computer Futures Recruitment Consultancy, later amalgamating their interests in that and other companies into Solutions in Staffing & Software; Barclays Private Equity shelled out £50m for a 20% share. Renamed SThree, it floated on the stock market in November 2005 valued at £275m. Bottriell has a £21m stake and has sold £60m worth of shares since the float; he also has a £500,000 stake in Tottenham Hotspur.
NOT AS RICH AS Robert Plant (musician) - £80m
57. Douglas Graham & family £70m
Walsall (Last year £80m, 55th)
Wolverhampton newspaper group Claverley has a small stake in the Saddlers. In turn Claverley, best known as publisher of the Wolverhampton Express & Star, is owned by Douglas Graham and his family. He chairs Claverley, founded by his father and named after the Shropshire village where he lived. The firm is worth its £57.3m net assets in 2009. Other assets take the family to £70m.
58. Steve Hayes £62m
Wycombe Wanderers (Last year £62m, 60th)
In the FourFourTwo Football Rich List 2010/11 we wrote that Steve Hayes would hope for Wycombe to bounce straight back out of the bottom flight at the first attempt. They did. It's been an intriguing couple of years since he became club owner in 2009. He has ploughed millions into the club, and has big plans for Wycombe to groundshare with his rugby club Wasps at a new 20,000-seat community stadium at Wycombe Air Park. If fans need any convincing of that, perhaps Hayes could knock on their door like he used to as a double-glazing salesman. He then switched to working for his father-in-law selling second mortgages. In 1997, he founded the Loans.co.uk operation which arranges secured loans on behalf of lenders such as Lloyds Bowmaker or First National. Loans. Hayes’s Watford-based Marlin House Holdings, was taken over in August 2005 for over £100m by the MBNA bank, which would have netted him £50m for his 50% stake. He has had £13m of salaries at Loans.co.uk.
59. Richard Carr & family £60m
Arsenal (Last year £60m, 61st)
One of many longstanding Arsenal shareholders to have been bought out by Stan Kroenke – in his case a 7.77% stake sold for £45m in May 2009 – Richard Carr had also served for years on the main board of the club's parent company until his resignation in December 2008. He remains a director of the football club itself and therefore stays on this list. The Carr family also had a stake in the Park Lane Hotel, which was sold to the Sheraton group in February 1996 for £44.58m.
60. Peter Johnson £58m
Tranmere Rovers (Last year £33m, 75th)
Tranmere terminated talks over an American takeover in June 2011, but the fans still hope for a takeover. So does the chairman, Peter Johnson. He has a 60% stake in a club which ran losses of £22,000 in 2009-10 on a £3.3m turnover. He won't expecting much of a return when he sells and has gone on record as saying if he finds a buyer willing to pay £5m for the club and put £3m of new funding into it over the next four years, he will be off to retire to Europe. Local butcher's son Johnson started the Park Group in 1967. Quoted on the AIM, Park specialises in Christmas hampers and financial services. But he is best known in Liverpool as the former owner of Everton: he sold his Everton stake in 2000 to Bill Kenwright for £20.3m, which covered his outlay. Park shares have held up well in the stock market turmoil and the stake held by Johnson and his trusts is now worth £48m.
61. Tony Bloom £50m
Brighton & Hove Albion (Last year £50m, 60th)
Exciting times for Brighton fans, with their beloved Albion starting their second-tier season strongly in a brand new £93m, 22,500-seat stadium. Chairman Tony Bloom took over in 2009 and appointed former Chelsea and Spurs star Gus Poyet as manager. Bloom has been reported as injecting £80m into club to fund its new stadium. He has converted £18m of loans to the Seagulls into shares, making him the majority shareholder with a 75.61% stake. If that level of input sounds like a gamble, Bloom should know what he's doing. He is one of Britain's top poker players, his interest in gambling having started at the age of seven when he lost his pocket money on fruit machines. He later made his real money by launching online-gaming firm Premierbet in 2002. It was taken over in 2005 and Bloom moved into property development in Brighton. His main company Blue Lizard Consulting showed £5.4m net assets in 2009-10. In all four of his companies have £10m net assets. Cautiously we value Bloom at around £50m as any return on the Seagulls investment will depend on the club making it to the top flight.
NOT AS RICH AS Englebert Humperdinck (musician) £60m
61. Milan Mandaric £50m
Sheffield Wednesday (Re-entry)
He's back! Yugoslav-born Milan Mandaric loves English football clubs. In December 2010, four months after selling Leicester City (and thus missing out on the FourFourTwo Football Rich List 2010/11), the former Portsmouth chairman bought Sheffield Wednesday for £9m. By April was reported as saying 'black holes" in the Owls accounts had cost him £12m. But the former Portsmouth and Leicester chairman should know a thing or two about football finance. He built his father's modest mechanical shop into one of the country's biggest businesses. Mandaric later moved to America where he built a large electronics businesses. In 1970 he became a US citizen, and bought a local soccer team. In 1997 he made $92m from a company sale. In 1998 he bought the French club Nice and sold it for £12m. In 1998 he bought Portsmouth for £5m. He invested £20m in Pompey and in 2006 sold a 50% stake in the club to French-Israeli businessman Alexandre Gaydamak. After the club's survival that season, Mandaric sold his remaining half of Portsmouth to Gaydamak, netting around £32m in all. He resigned as chairman of Portsmouth in September 2006, indicating that he wanted a break from football. Yeah, right. On 1 November he made a bid for Leicester believed to be in the region of £25m, and was officially unveiled as Leicester owner in February 2007. He pumped £25m into the Foxes before selling up in August 2010 for £40m to a Thai consortium. Next stop: Sheffield…
63. Andrew Laver & family £45m
Sheffield United (Last year £40m, 68th)
Sheffield United shareholder Andrew Laver's family has a long association with the Blades, including sometime shirt sponsorship and the Arnold Laver stand. The Arnold Laver timber group was founded in 1920 by, funnily enough, Arnold Laver. In December 2007, Yorkshire Bank backed a takeover of the Sheffield-based timber company by its management team. The business, which had been owned by family trusts, was sold for an undisclosed sum though press reports put its value at £50m. Under the terms of the deal, the founder's grandson Andrew Laver stayed as a majority shareholder while the management team also took a stake. The parent company made a £1.2m profit on £89.3m sales in 2009-10. It has £49.4m net assets. Andrew Laver's continued stake is worth around £30m; his 2.6m shares in United are worth around £260,000.
63. Phil Wallace £45m
Stevenage (Last year £30m, 78th)
Not a bad year for Phil Wallace. Stevenage, the club of which he has been chairman and majority shareholder since 1999, enjoyed their first Football League season so much that they ended up winning promotion; and in his day-job, his company announced a record profit. Wallace is the CEO of Lamex Food Group, a global food trading company which he joined in 1972 when the company, then known as L&M Foods, were a small food importer based in London. He became a director in 1975 and was appointed managing director and majority shareholder in the early 1980's. Continuing growth in the Group led to a £50m management buyout in 2006, with Wallace retaining a majority holding in the newly formed parent, Lamex Food Group. In 2009-10 it made a record £6.9m profit on £447m sales.
65. Steve Wharton & family £42m
Scunthorpe United (Last year £40m, 68th)
Scunny chairman Steve Wharton has invested heavily in Scunthorpe: a new ticketing system at Glanford Park has helped push capacity from 8,400 to 9,000. Wharton has had his share of boardroom battles but after a brief spell on the sidelines returned as chairman in April 2004. He should have more time for the Iron now. In June 2005 he sold his family business, J. Wharton (Shipping) for £25m to a management buyout team. Wharton kept a significant stake in the business after the MBO. We can see nearly £36.5m of net assets in the 2009-10 accounts of Wharton family companies including J. Wharton (Agriculture). But with any reinvestment of sale proceeds, we value Wharton at £42m.
66. Eddie Davies £40m
Bolton Wanderers (Last year £60m, 61st)
Unusually for a Premier League club owner, Eddie Davies is both British and publicity-shy. He leaves the running of Bolton Wanderers to chairman Phil Gartside, and although the club is well-run, it's not a cheap deal. Burnden Leisure, Bolton's parent, turned in an £35.4m loss on £61.7m sales in 2009-10. Davies is a lifelong Wanderers fan but is certainly not in the Abramovich league. He has put £90m into the club and it still has £10m of debts. Davies made his fortune from Strix, the Isle of Man-based manufacturer of thermostat controls for kettles where he became involved in the early 1980s. He chaired the fast-growing operation until it was taken over by a private equity buyer in 2005 for £300m. Davies' 30% stake was worth around £90m as a result. After his hefty spending on Bolton, we cut Davies back to £40m this year.
FourFourTwo's Bolton Wanderers club news page NOT AS RICH AS Daniel Radcliffe (actor) £48m
66. Keith Dawe £40m
Bristol City (Last year £39m, 72nd)
Bristol City's vice chairman made his name (and cash) recruiting staff for the computer industry. He owns 89% of Resource Solutions Group. It made a £4.2m profit on nearly £108.4m of sales in 2009-10. We value the company at around £40m, putting a price of nearly £36m on Dawe's stake. Past salaries take him to £40m.
66. Michael Owen £40m
Manchester United (Last year £40m, 68th)
It's now four years since Michael Owen reached 40 England goals. Sadly for him, it looks like he'll never reach 41. Long since dropped by Fabio Capello from the England squad and so far down the Manchester United pecking order that he must look forward to the Carling Cup, 31-year-old Owen is apparently ending his career with a whimper entirely unbefitting the explosive start to a career that promised to rewrite history. In truth the Michael Owen story was wrecked by the knee injury he suffered for England at the 2006 World Cup. Although he recovered from the injury, he has gone on record as saying his subsequent niggles all stem from that fateful German campaign. His £110,000-a-week Newcastle contract became a bone of contention and, although he was delighted to be picked up on a pay-as-you-play free transfer by Manchester United, his lack of regular first-team football has effectively ended his international career. Off-field he has a deal with Umbro (which has several years to run) worth a reported £2m a year, which helps keep the wolves from the door. In 2001, he was the advertising face of breakfast cereal Nestlé Sporties. He also appeared in several adverts for the washing powder Persil, in a contract worth £1m. He has been an ambassador of the Swiss watchmaker Tissot since 1998 and has a contract with car manufacturer Jaguar. His sponsorship deals lifted his earnings at his peak to north of £7.5m a year. Owen jointly owns Manor House Stables, near Malpas, Cheshire, with Betfair co-owner Andrew Black, under the stewardship of trainer Tom Dascombe. His horse Brown Panther came second in the 2011 St Leger. His company Owen Promotions showed £7.1m net assets in its most recent 2009-10 accounts. But with his limited appearances of late and the hefty cost of maintaining his horses, we keep Owen at £40m.
66. Bill Robertson & family £40m
Elgin City (Last year £30m, 78th)
Scottish Third Division side Elgin City date back to 1893, but only joined the Scottish League in 2000. Five years later, Bill Robertson's construction group bought a controlling stake in the Black & Whites. Robertson served his joinery apprenticeship in the 1960s and has seen the two-man firm he founded become a large construction business working in contracting, housing, facilities management, development and the Private Finance Initiative. Robertson Group, which is owned by Robertson and his family, made £8.8m profit on £113.7m sales in its most recent accounts. The Black & Whites do not add much to his wealth.
70. Fabio Capello £38m
England (Last year £36m, 73rd)
Fabio Capello was appointed to turn England back into contenders after the fruitless reign of Steve McClaren. Somehow, you couldn't see him applying to replace McClaren at Nottingham Forest, even if the Italian hadn't made it clear that he will retire from management after Euro 2012. By then he will be 66 and prepared to relax. His England tenure has in some ways summed up his career: doggedly successful in the league (winning nine out of 10 World Cup qualifying games while racking up 34 goals) despite seldom enjoying widespread popularity and frequently enduring criticism of his management style and his team's outlook on the pitch. Capello first went into management with AC Milan, where he replaced Arrigo Sacchi and won Serie A four times in five years, including a 22-month unbeaten streak; he also won the 1994 Champions League. He spent two separate seasons at Real Madrid, each time earning the league title and the sack; he also won Serie A with Roma and Juventus (twice), although the latter scudetti were chalked off by Calciopoli. His four-and-a-half-year England contract is believed to pay him around £6m a year. He lives in Belgravia and admires the works of Marc Chagall, Wassily Kandinsky and Piero Pizzi Cannella, who is also a close friend. He also wears Zerorh prescription eyewear and has been the face of the range since 2001. Taking account of his longevity at the top, we reckon Capello is now worth £38m.
71. Philip Rawlins £38m
Stoke City (Last year £30m, 78th)
A local lad from Longton, Philip Rawlins will be delighted to have seen Stoke reach the FA Cup final and start a promising European campaign. This is, after all, the childhood fan who had a season ticket for 15 years and flew back from his American home to stand on the Boothen End one last time in the final game at the Victoria Ground. Starting his working life in Bristol with Hewlett Packard, he soon decided to set up a business with an HP colleague. The Sales Consultancy was formed in 1989 as a two-man business working from home offering sales training for hi-tech firms, but rapidly grew to open offices in Paris and Germany. Popularity with US multinationals prompted the opening of a Stateside office in 1995, and with Rawlins' American wife wishing to return home it was an easy decision to relocate the company there too. In January 1999, TSC merged with another company in the US to effectively double its size. In September 1999, Rawlins and his partners were approached by a major US software company and sold the firm for $260m. We assume that Rawlins will have had around a quarter of the shares, worth $65m, or about £40m. A Stoke City board member, he has put £1.5m into the club.
NOT AS RICH AS Mick Hucknall (musician) £40m
72. Rio Ferdinand £36m
Manchester United (Last year £34m, 74th)
With signings like Phil Jones and Chris Smalling, Manchester United are preparing for life after Rio Ferdinand. But then, Ferdinand has long been preparing for life after football. He edits #5, an online lifestyle magazine, and has his own footwear and accessories label Fivebyrioferdinand.com. He has also embraced social media more than any other footballer and has more than 1.5m followers on Twitter. He has paid more than £220,000 into his newly-established Rio Ferdinand Live The Dream Foundation to help underprivileged children. A £1m-a-year pay rise took him to £120,000 a week shortly after Manchester United claimed the Premier League and Champions League double in 2008, and he seems likely despite the injuries to be offered at least a year's extension to his present deal, long before it expires in 2013. Taking his £6m+ club salary, a lucrative boot deal from Nike, and a property portfolio that takes in London, Cheshire, Morocco, and Barbados and the Turks and Caicos Islands in the Caribbean, we raise Ferdinand by £2m this year to £36m.
73. Sir Maurice Hatter £35m
Charlton Athletic (Last year £30m, 78th)
Despite a surname more suited to Luton or Stockport, in August 2007 Sir Maurice Hatter joined the board of Charlton Athletic. He has a small stake worth under £1m. An ex-Royal Signal radio mechanic, Hatter left the army in 1951 with £100 in his pocket. In 2010-11 his electronic components company IMO Precision Controls made a £1.2m profit on £15.4m sales. It has net assets worth nearly £6m and it should be worth £12m. Hatter has had £36m of dividends in the past. He is a regular charitable donor and gave £1m to the Labour government's literacy programme.
74. Bill Kenwright £33m
It's no fun being chairman of Everton. The club is £45m in debt and Kenwright has had to use all his financial skills to keep it afloat. Scouser Kenwright made his name as an actor on Coronation Street from 1968 to 1982. He moved into theatrical production, risking his own money. It paid off and he became a leading figure in the West End. His main company Bill Kenwright Productions saw its profits surge in 2009 to £2.4m on £39m sales. Its 2009 productions included Blood Brothers, Scrooge and Cabaret, while the company is also involved in television and film production. Kenwright expects the figures for 2010 to be strong and the company, with a solid balance sheet, should be worth £23m. But it is as chairman of his beloved Everton that he is now known on the national stage. Kenwright's stake in Everton is held via his separate company, Bill Kenwright 1878, with nearly £8m of net assets in 2009.
75. Martin Morgan £32m
Swansea City (Last year £32m, 76th)
The son of a teacher and a nurse, Martin Morgan was far from academic and left school at 16 with five O-levels. But he could always sell. To start with, he flogged sold bed linen at a Swansea market on Sundays to make the cash for his passion – supporting Swansea City. He later became an apprentice welder with BP at Baglan, before becoming a holiday rep. In September 1992 he started up The Travel House, opening seven days a week. A year later he opened another shop, and within a few years he had 23, specialising in last-minute holiday bargains. In 1999, he sold the business for around £40m; five years later he bought much of the chain back, reputedly at a price far lower than the sale figure. The proceeds have been invested in property and hotels. Morgan and his wife Louisa have since opened Morgans in Adelaide Street, Swansea, and the Cawdor Hotel, Llandeilo. The Morgans own OTH Ltd, which in 2010 showed £24m net assets – and through which he owns a near-23% stake in Swansea City, where he has been a stakeholder since 2002 and a board member since 2008.
75. Patrick Cryne £32m
Barnsley (Last year £30m, 78th)
A lifelong fan of Barnsley, Cryne took over at Oakwell in 2004 and has kept the club afloat since then. The former Barnsley Council accountant made his money at Manchester-based software company Isoft. He got a job at leading accountancy firm KPMG in 1986 and within three and a half years he was a partner; while at KPMG he built up ISoft to target the healthcare sector. In 1998 Cryne led a £10m management buyout, and then took ISoft to the stock market two years later valued at £100m. Cryne stepped down as executive chairman in October 2005 but remained at the group until February 2006 in a business development role. He sold at least £38m worth of shares over the years. He also has a £1.4m stake in a Cheshire golf club.
NOT AS RICH AS Justin Bieber (musician) £33.8m
77. Mike Garlick £30m
Burnley (Last year £50m, 64th)
Burnley boy Mike Garlick joined the Clarets' board in October 2006. His business career started in 1989 when he founded the Michael Bailey IT consultancy; it floated on the Easdaq stock market 10 years later valued at around £37.5m. Garlick stayed with the business as chief executive, then took the group private in 2002. Its parent company, Tring-based Metroyard, saw its profits fall sharply in 2009 to £1.3m on £73.5m sales. Garlick and his family trusts own the company which we value at £25m in the current climate. Past salaries and sale proceeds take Garlick to £30m.
77. Ryan Giggs £30m
Manchester United (Last year £27m, 88th)
It's perfectly possible that, in what's left of the world after nuclear armageddon, Ryan Giggs will be representing Manchester United against a scratch side of cockroaches in the Post-Apocalyptic Premier League. The most decorated player in English football history's one-year contract extension takes him to June 2012, when he will be nearing 39. Some of his team-mates weren't even born when he made his first-team debut in March 1991. Although "loyal" might not be the first word people use to describe him after a torrid year of tabloid tittle-tattle, Giggs has been well rewarded for his dedication to Manchester United. His present £4.2m annual salary represents the minimum he has earned per season for more than a decade. He is also a mainstay of Reebok, with whom he has a lucrative endorsement contract. His company Ryan Giggs Ltd had nearly £5m net assets in its 2010 accounts.
77. Jim Kerr £30m
Celtic (Last year £30m, 78th)
Jim Kerr is a small shareholder and big supporter of Celtic. At one stage in the late 1990s he was part of a consortium looking to take over the Bhoys. Born in Glasgow to a builder's labourer and a sewing machinist, he was raised on the 11th floor of a high-rise in the city's Toryglen area. He trained as an apprentice plumber but dreamed of becoming Scotland's answer to David Bowie. Kerr first played in a band with Charlie Burchill in 1977; renamed Simple Minds the following year, they went on to become one of the world's biggest rock bands, with five UK No.1 albums and a No.1 single Belfast Child. Between 1990 and 1996 his company, Jim Kerr Ltd gave him a salary of over £4.1m in total. Since then only abbreviated accounts have been filed. Simple Minds continue to tour and record. Kerr currently lives in Taormina in Sicily, where he runs a hotel called Villa Angela.
77. Daniel Levy £30m
Tottenham Hotspur (Last year £25m, 90th)
Spurs chairman Daniel Levy will be disappointed that the team did not qualify for the Champions League this season, but in the long term it was the loss of the rights to take over the Olympic Stadium that could hurt the club more. Still, a new 56,000-seater stadium could emerge adjacent to White Hart Lane, assuming the funds can be raised and that Spurs' main shareholder Joe Lewis agrees to underwrite at least some of the £400m cost. Levy is a close associate of Lewis. A Cambridge graduate and former investment manager, he identified football as an investment opportunity for Lewis back in 1995. Through their ENIC investment operation, Lewis and Levy have controlled Spurs since 2001. ENIC now has around 86% of Spurs' shares. Levy's stake in Spurs, held via ENIC, is worth £27m – but past salaries and other assets take him to £30m.
77. Wayne Rooney £30m
Manchester United (Last year £25m, 90th)
An intriguing year for Wayne Rooney. It started last October, shortly after the publication of the FourFourTwo Football Rich List 2010/11, when reports appeared that he was unhappy at Manchester United and might even consider joining their noisy but accommodating neighbours across the city. Pundits queued to declaim the end of Sir Alex Ferguson, Manchester United and society, until quite suddenly one day Rooney happily signed a contract extension paying him £200,000 per week. Cue another league title, followed by a summer of relaxation which appears to have done him the power of good, judging by his blistering start to the 2011/12 campaign. His new five-year contract has the potential to elevate Rooney above every footballer other than David Beckham, but he will have to spend significantly more time cultivating his off-field image if his wealth is ever to match England's favourite No 7. He remains on the books of Electronic Arts and the covers of their electronic games to be found on X-Boxes and Nintendos the world over. He also has a lucrative deal with Nike. Forbes recently estimated his annual income at about £12m. Not bad for a Croxteth lad – or, for that matter, anybody at all.
NOT AS RICH AS Johnny Depp (actor) £31.8m
82. John Ryan £28m
Doncaster Rovers (Last year £28m, 85th)
As a man who made his money in cosmetic surgery, John Ryan knows when a worrying droop requires surgery, and Doncaster Rovers' worrying form meant it was time for the chairman to excise Sean O'Driscoll from the manager's chair. It's only the second time that Donny have changed managers in 10 largely successful years. Ryan sold Cheshire-based cosmetic surgery company Transform in late 2002 for around £24m. Since 1998 he has also been chairman of the Rovers and at the end of the 2002-03 season he turned out for the team against Hereford and became the oldest player to have played in the Football League. Ryan, based in Knutsford, has spent a small fortune on Donny, but he is also making money through his property development activities.
83. Sir Alex Ferguson £27m
Manchester United (Last year £26m, 89th)
It's hard to become an institution at an institution. Manchester United were already a behemoth, albeit an underachieving one, when Alex Ferguson arrived as manager in 1986; his achievements in the quarter-century since have seen him ranked along the immortal Matt Busby as a true legend of the club. The man later knighted by the Queen started his working career as an apprentice welder at Govan shipyard on the Clyde, but it's football where he showed his mettle. A single-minded centre-forward whose career peaked at Rangers, he found his true vocation as a manager, rising through East Stirling, St Mirren and Aberdeen – with whom he won domestic and European trophies – before arriving at Old Trafford. His four-year contract in 1996, the year in which his new young breed secured United's second Double in three years, was said to be worth £1m a year. Having opted out of retirement, he followed that with a three-year-contract worth £11m. His salary is now £3.6m a year. Ferguson's company, ACF Sports Promotions, shows just £82,000 of net assets. He made £1m from his autobiography and another £1m from a testimonial organised by his son, Jason. In September 2010 he made nearly £4m when the restaurant booking website, toptable.co.uk, was sold for £35m. With the revenue from his superhorse Rock of Gibraltar running into millions and his racing interests generally showing a clean pair of heels we value him at £27m.
83. Steven Gerrard £27m
Liverpool (Last year £22m, 94th)
In 2009 Steven Gerrard signed a four-year deal that will take him beyond his 33rd birthday and probably keep him a Liverpool player until the end of his career. At £140,000 a week, the contract made the captain the best-paid player at Anfield. With a lucrative deal with Adidas worth £1m a year, plus a tie-up with Lucozade, to add to his Liverpool wage, Gerrard is earning close to £9m a year – more than enough to allow him to invest in a friend's restaurant business as he has done with the Warehouse Kitchen & Bar, in Southport, close to his home. He has invested £5m of his millions in Merseyside and Dubai penthouse apartments. Steven Gerrard Promotions, his company showed £3.7m net assets in 2009-10.
85. Frank Lampard £26m
Chelsea (Last year £22m, 94th)
Age and squad competition may be counting against him, but Frank Lampard continues to gather goals, medals and money. His five-year Chelsea contract, which expires in 2013, is maturing nicely: when it was signed in 2008, it made Lampard the best paid player in the Premier League, the incremental deal rising to £140,000 a week in its latter stages. Forbes put his annual earnings at more than £10m recently, adding about £4m to his club wages for his endorsement deals, which include Adidas and Pepsi. Lampard has five companies including Frank Lampard Promotions, with over £2.5m of net assets in total in 2009-10. His 2008 split with his fiancée Elen Rivas is likely to have hit his finances, so we cautiously value Lampard at £26m after tax.
86. Peter Gilman & family £25m
Walsall (Last year £25m, 90th)
Although a Walsall board member, Peter Gilman is one of Yorkshire's top developers. He helped develop the Thorpe Park business park outside Leeds. In April 2005, with partner Kevin McCabe, Gilman bought Severn Trent Water out of its 51% Thorpe Park stake in a £30m deal. Eighteen months later, Gilman sold his then 40% stake in the venture to McCabe. Gilman's main company GMI Holdings showed £6m of net assets in 2009-10.
NOT AS RICH AS Keira Knightley (actress) £30m
86. Tony Stewart & family £25m
Rotherham United (New entry)
Rotherham businessman Tony Stewart took over as chairman of the Millers for the 2008–09 season and took the club out of administration via a Creditors Voluntary Agreement, resulting in a 17-point deduction. The Millers were subsequently forced to leave Millmoor, their home of over 100 years, for the Don Valley Stadium in Sheffield, after disputes with the landlords. Stewart started his business career running a small Sheffield electrical contractor. His groundbreaking invention was a light which switched itself on in response to movement. Today, he's the boss of Rotherham-based ASD Lighting, which supplies royal palaces, hospitals, apartment blocks and a range of industrial and commercial developments. Not bad for a business that started out over a shop with four youngsters on a Youth Training Scheme. In 2010 its profits came in at £2.3m on £18.2m sales; with a strong balance sheet it's easily worth £23m, and it's entirely owned Stewart and his family. Past dividends/salaries add £2m.
86. David Sutherland & family £25m
Inverness Caledonian Thistle (New entry)
In July, Caley Thistle received an offer of a six-figure investment from a "small group of Inverness exiles". The deal was related to the offer from David Sutherland, the former ICT chairman, to transfer his majority shareholding to new investors. Sutherland runs Tulloch, an Inverness-based construction group that was started back in 1925. The business was taken over by Alfred McAlpine in 1986, but three years later a Sutherland-led management team took over the business. Sutherland and his family sold a 40% stake to the HBOS bank in April 2008 for £27.5m. That valued the whole group at around £69m. The Sutherland family's remaining stake was then worth around £30m. But in the current climate we value the business at around £25m and the Sutherland family stake at £15m. Sale proceeds and past salaries and dividends should add at least £10m.
86. Gerald Weisfeld £25m
Celtic (Last year £25m, 90th)
It's all about the East End for Gerald Weisfeld. Born in London, he worked in his brother's East End clothing business before branching out on his own in Glasgow. With his wife Vera, Weisfeld built the What Everyone Wants chain selling bargain goods. In 1991, they sold WEW to Amber Day netting £30m. They now spend their time doing charity work. Gerald Weisfeld also owns Atlantic Shelf 65, a property company, with £1.3m of net assets in 2008-09. The Weisfelds now keep a low profile, and should be worth perhaps £25m after tax. He is a shareholder in Celtic with a stake now worth around £200,000.
90. Geoffrey Brown £23m
St Johnstone (Last year £21m, 96th)
The Saints' chairman Geoff Brown is now the longest-serving supremo in Scottish football. It was in 1986 that Brown pumped £100,000 of his own cash into the Saints, effectively rescuing the club. Brown hit the headlines at St Johnstone when he sacked two players in 2001 for allegedly taking cocaine. It caused an uproar but the Scottish Football Association eventually backed him. Aside from football, Brown also runs and owns GS Brown Construction, a local housebuilder, which recovered strongly in 2010-11 producing a £2.3m profit on £9m sales. It is worth its £22m net assets. Other small firms and his St Johnstone stake take Brown to £23m.
91. John Terry £22m
Chelsea (Last year £19m)
Another season, another manager – but you can tell you're getting older when the boss is barely more experienced than you. Andre Villas-Boas is barely three years older than the Chelsea captain but it's now up to the Portuguese to get the Champions League trophy into JT's clutches. Terry is already Chelsea's most successful captain, having hoisted three Premier Leagues, three FA Cups and two League Cups since 2004. He turned down a £250,000-a-week offer from Manchester City in 2009; his decision was helped by a new Chelsea contract worth a mere £160,000 a week but he also has the right to a testimonial, worth around £2.5m. Endorsements, headed by Umbro, supplement his wages. Terry's company, Sports Market & Promotions, is surprisingly light in net assets with just £34,000 in 2010. Terry is among those to have invested heavily in property developments, some of them overseas. He'll be heading overseas again himself next summer and may already be dreaming of lifting the European Championship trophy, having been reinstated as England captain.
NOT AS RICH AS Phil Mickelson (golfer) £30m
92. Ken Bates £20m
Leeds United (Last year 98th, £20m)
Ken's mellowed with age. As Chelsea chairman, he suggested keeping hooligans at bay by electrifying the fences; nowadays, as Leeds chairman, he's content merely to call some of his own club's fans "morons" for demanding more investment in players. A boyhood QPR fan who had a spell as Oldham chairman in the 1960s, he rose to prominence after buying Chelsea for £200,000 in 1982. He fought off developers eyeing Stamford Bridge and sold out to Roman Abramovich 21 years later, receiving £17.7m for his stake. After a bitter battle to take over Sheffield Wednesday, he took control of ailing Leeds in January 2005 in a £10m deal and put the club back on a sound commercial footing. Or, to put it his way: "I saved your club in 2005 and 2007 when nobody else would. The rebuilding of Leeds United is a bit like sex. In an age of instant gratification, Leeds United is having a long, drawn-out affair with plenty of foreplay and slow arousal."
92. Robbie Cowling £20m
Colchester United (Last year £40m, 68th)
Leaving school with no qualifications, Robbie Cowling trained as a motor mechanic and went self-employed. In 1984 he became an IT programmer and worked in various jobs before launching the world's first jobs-by-email service for jobseekers in May 1994. From that has grown JobServe, now a leading online recruitment consultancy. Obviously the 2008-09 global meltdown affected the performance of the Colchester-based group and in the year to September 2009 it made £5.3m loss on £17.5m sales. In 2006 West Ham fan Cowling bought Colchester United, putting in £4.5m. In July 2008 the club moved to a new all-seater stadium. But Cowling is cutting his subsidy to the club's wage bill by £300,000 a year. JobServe should be worth £20m; after hefty spending on United, Cowling, who has had some hefty salaries in the past, should be worth the same.
92. Greg Dyke £20m
Director General of the BBC until he resigned in early 2004 over the Hutton Enquiry, Dyke is now a director of Brentford. Dyke made his name as the man who rescued TV-am and later became chief executive of LWT, where he tried to fight off a bid from Granada in 1994. He lost and collected £9m for his stake. Dyke has other interests including Vine Developments, Vine Leisure and DGCC Ltd, with over £9.1m of net assets attributable to him in 2009-10.
92. Martin Gilbert £20m
Aberdeen (Last year £20m, 98th)
A director of the Dons since 1997, Martin Gilbert is chief executive of Aberdeen Asset Management – a creditor of Aberdeen Football Club which stands to have at least £1m of debts repaid when the club sells its old Pittodrie stadium for housing development to help finance a new stadium. He has a £10m stake in the £2 billion operation. Past salaries, dividends, share sales and other property and hotel assets should take Gilbert to £20m easily. He will be hoping that Aberdeen can improve on their lowly 9th position in the SPL in 2010-11.
92. Barry Hearn & family £20m
Leyton Orient (Last year £30m, 78th)
Working class bingo, anyone? Orient chairman Barry Hearn is an East End boy (tick!) from a council estate (tick!) whose mother was a cleaner (tick!) and dad a London bus driver (HOUSE!). Showing an early taste for alternative career paths, Hearn trained as an accountant and worked for a large firm where one of his biggest clients was Deryck Healy International, a textile design company. In 1973, he persuaded the firm that it needed a full-time finance director – doubling his salary overnight. "I couldn't believe it: £150 a week." One of his briefs at Healy was to look at possible acquisitions, so he took the company into snooker, buying the Lucania chain of snooker halls for £500,000 in 1974. It was such a good investment that he put his own money into it. When Healy sold it in 1982 for more than £3.5m, Hearn owned a third of it. He invested his cut – into "bits and pieces, property, a forest in Scotland, you could do things with that sort of money in those days" – and in June 1982 he left Healy to form his own company, Matchroom. He had a Romford snooker hall, a fruit-machine and pool-table business in the East End, some offices and the best snooker player the world had yet produced, Steve Davis, who simply walked in off the street. Since then Hearn has dominated snooker, overseeing its extraordinary leap as it became established as Britain's favourite television sport. He managed the best players, organised many of the top tournaments and sold them to television. He took 20% of his players' income but re-invested heavily in the sport. He also branched out into boxing, pool, bowling, golf, fishing, poker and darts, giving the latter a much-needed injection of razzmatazz. In 1995 he bought Orient, then a financial basket case, for a fiver. The League One side have problems attracting decent crowds and are currently near the bottom of the table as of mid-September. Some say Hearn would be willing to sell up but in the meantime he keeps a tight group on the loss-making O's. However, Matchroom, owned by Hearn and his family, made a £117,000 loss on £18.7m sales in 2009.
NOT AS RICH AS Emma Watson (actor) £24m
92. Barry Kilby £20m
Barry Kilby joined the Burnley board of directors in October 1998 and was voted chairman at the AGM two months later. He promptly invested £3m into the club and became the club's largest single shareholder. Born and bred in East Lancashire, Kilby started his career as an entrepreneur selling lottery tickets in local cotton mills. From this, he built his company Europrint into a leading promoter of lottery games for tabloid and broadsheet alike. US lottery giant GTECH paid Kilby £16.8m for an 80% stake in 1998 – hence, presumably, his sudden spare time and cash for his beloved Clarets. The club made a £14.4m profit on £45.4m sales in 2009-10 and despite hefty spending on them, Kilby should be worth £20m.
92. Jimmy Rowlinson & family £20m
Crewe Alexandra (Last year £20m, 98th)
Mention "Crewe" and "longevity" and most folks outside the CW postcode will immediately say "Ah, Dario Gradi". But another long-term servant of Crewe Alex was Norman Rowlinson, long-term director and latterly president of the club. His death in August 2006 after more than 40 years at the club was lamented by fans who credit him for saving the club from extinction in the 1960s and 1970s. He was chairman during Crewe's Fourth Division re-election era, although the club did enjoy two promotions under him in the 1960s. He also chaired the Rowlinson Group, a Nantwich-based timber operation. Entirely owned by his family, it is worth its £17.5m net assets in 2009-10. His son Jimmy took over the Group, Norman's seat on the Crewe Alex board and his 24.2% stake in the club. With the Gresty Road ground now modernised, the club is worth its £8m net asset figure. In total we still value the Rowlinson family at £20m.
92. Stephen Thompson & family £20m
Dundee United (Re-entry)
The Terriers have belonged to the Thompson family since 2002, after which the late Eddie Thompson spent £1m a year on them. He died in 2008 after a long battle with cancer. Thompson's wealth came from selling his Morning, Noon and Night grocery chain in 2004 for £27m – so that he could devote even more money and minutes to United. Eddie's son Stephen, who was chief executive, has taken over as chairman at Tannadice Park. After the spending on the club, the Thompson family should be worth £20m.
92. Arsene Wenger £20m
Arsenal (Last year £17m, not in main list)
There's comic irony in the FourFourTwo Football Rich List 2011/12's first (or final) name being the man who has spent the last few months being implored to spend more often by more fans than any other manager in history. Arsene Wenger has made it his business that Arsenal don't frequently splash cash on established players, instead signing raw talent and turning them into the finished product before reluctantly selling them on at vast profit once their heads are turned by agents and adventures elsewhere. But with Arsenal trophyless in six seasons, losing key players more regularly than any academy could replace them and facing a real fight to maintain its heretofore annual place in the Champions League qualification zone at the top of the Premier League, Gooners have been screaming for Wenger to spend the money in the club's coffers on readymade solutions. He did indeed make a few signings before August's transfer deadline but you got the distinct impression it wasn't how he'd choose to operate. A naturally temperate man, he will have been saving his own money almost as assiduously as he has safeguarded the club's. His Arsenal contract, worth around £2m a year originally, was extended to 2007 after a contract extension in October 2004. It was worth around £3m annually but he signed a new four-year, £4m-a-year deal in September 2007. In August 2010 that contract was extended to 2014. Wenger's company, LA Promotions, showed nearly £2m of net assets in 2009-10.