City Owner Tops Soccer Rich List

MANCHESTER City's hugely wealthy owner Sheikh Mansour bin Zayed Al Nahyan has toppled Roman Abramovich to head British football's rich list.

Sheikh Mansour, a member of the royal family of Abu Dhabi, has a personal fortune of £15billion according to the Football Rich List, researched and published by FourFourTwo magazine.

The 38–year–old bought City in the summer, while Abramovich, Chelsea's Russian owner, has slipped to third in the list.

His wealth is estimated at £7billion and he has been said to have lost over £3billion in the economic downturn.

He has also been overtaken in the list by Lakshmi Mittal. The 58–year–old Indian industrialist worth £12.5billion has joined Formula One's Bernie Ecclestone and Flavio Briatore investing in Queen's Park Rangers.