Vital Football

Latest Leicester City News

Mandaric makes rich list

Mandaric makes rich list

Leicester City owner Milan Mandaric has once again made the cut for the fourfourtwo.com rich list 2009/10.

Mandaric has as estimated value of around £55m, some £20m short of last year's estimations. This year's figures see the Serbian in at number 55 on this year's rich list, a drop in three places from last time around.

The City chairman bought the club for around £25m in 2007, just months after making a substantial profit believed to be in the region of around £27m from the sale of Portsmouth. Mandaric sold half his shares to Aleksandre Gaydamak in January 2006, before selling the remaining 50% soon afterwards.

Surprisingly for some it is not the financial heavyweights at Eastlands, but Queens Park Rangers' Lakshmi Mittal sitting at number one in the list, worth an estimated £18.4bn. Mittal has made his fortune predominantly as the world's largest steel manufacturer, and could soon be increasing his current 20% stake in the club with the potential departure of disgraced Formula One tycoon Flavio Briatore.

Manchester City's Sheikh Mansour bin Zayed Al Nahyan comes in at number two with an estimated fortune of around £17bn, with Chelsea's Roman Abramovic (£7.8bn) completing the top three.
------------------------------------------
The Football Rich List can be found on www.fourfourtwo.com



*Try Vital Mobile FOR FREE for the latest news, scores, fixtures and so much more*

Click here to join in the debate on the club forum.

Writer:JBFox
Date:Thursday October 8 2009
Time: 11:39AM

Best of Vital Network

Vital Boxing - Tyson Fury Will Be Back!

Comments

0
Why is it surprising that Mittal is number one? The man is money, shame we (QPR) or myself don't see much of it ;-)
Boxer
08/10/2009 11:45:00
0
I was thinking a lot of people may have thought Sheikh Mansour would be top of the list!
Jb_lcfc
08/10/2009 12:23:00
Page 1/1
  1. 1

Login to post a comment

Recent Leicester City Articles

Leicester 1-0 FC Porto - Highlights

Leicester secured a win over Porto in the Champions League on Tuesday.

Leicester Lowdown - FC Porto 27-09-16

A 100% record in the Champions League was maintained by Leicester as a first home match in the competition was won with former Champions Porto seen off one-nil.

Match Day Officials v Southampton (2/10/16)

The Premier League have now announced the Match Day officials that will take charge of the game against Southampton this Sunday.

Which Manager Has Spent The Most?

The modern game tells us that the club who spends the most money wins. So does the manager who spends the most money win the most also?

Archived Vital Leicester Articles

Vital Leicester articles from

Site Journalists

SvensAmbition
Editor email
Profile
Foxes25
no email
Profile
Simon
no email
Profile

Current Poll (see more polls)

CL - Porto MotM
Suggested By: Site Staff
Schmeichel1%
Hernandez0%
Morgan0%
Huth0%
Fuchs0%
Mahrez0%
Drinkwater25%
Amartey62%
Albrighton0%
Slimani12%
Vardy0%
Sub - King0%
Sub - Gray0%
Sub - Musa0%
ScoopDragon Premier League Network Sites

League Table

# Team P W D L Pts. GD
1 Man City 6 6 0 0 18 13
2 Spurs 6 4 2 0 14 7
3 Arsenal 6 4 1 1 13 8
4 Liverpool 6 4 1 1 13 7
5 Everton 6 4 1 1 13 6
6 Man Utd 6 4 0 2 12 5
7 Crystal Palace 6 3 1 2 10 3
8 Chelsea 6 3 1 2 10 1
9 Southampton 6 2 2 2 8 1
10 WBA 6 2 2 2 8 1
11 Watford 6 2 1 3 7 -1
12 Leicester City 6 2 1 3 7 -3
13 Burnley 6 2 1 3 7 -3
14 Hull City 6 2 1 3 7 -5
15 AFC Bournemouth 6 2 1 3 7 -5
16 Middlesbrough 6 1 2 3 5 -3
17 Swansea 6 1 1 4 4 -5
18 West Ham 6 1 0 5 3 -9
19 Stoke 6 0 2 4 2 -11
20 Sunderland 6 0 1 5 1 -7
Latest F1 News
Latest Vital Boxing News

Recent Leicester City Results (view all)

Leicester City Fixtures (view all)

Oct 2 2016 2:15PM : Southampton (H)
Barclays Premier League
Oct 15 2016 12:30PM : Chelsea (a)
Barclays Premier League
Oct 22 2016 3:00PM : Crystal Palace (H)
Barclays Premier League
Oct 29 2016 3:00PM : Tottenham Hotspur (a)
Barclays Premier League
Nov 6 2016 4:30PM : West Bromwich Albion (H)
Barclays Premier League
Nov 19 2016 3:00PM : Watford (a)
Barclays Premier League