Credit Cruch Hits Ashley Bad - Fortune Halved!

Last updated : 07 January 2009 By Footy Mad - Editor

Ashley has dropped to 14th in British football's rich list.

The Toon chief was worth £1.6bn in FourFourTwo magazine's poll last year and sat in fifth place.

But the Geordie Hoodoo of bad luck has hit him hard.

We've won bugger all since 1955 (if you discount the Fairs Cup, which is no more) and the Buckinghamshire-born Ashley suddenly knows what it is like to be a Geordie.

Although I don't know too many Geordies with £800m.

THE RICH LIST:

1 Sheikh Mansour bin Zayed Al Nahyan (Man City) £15bn

2 Lakshmi Mittal and family (QPR) £12.5bn

3 Roman Abramovich (Chelsea) £7bn

4 Joe Lewis (Tottenham) £2.5bn

5 Bernie and Slavica Ecclestone (QPR) £2.4bn

6 Stanley Kroenke (Arsenal) £2.245bn

7 Alisher Usmanov (Arsenal) £1.5bn

8= Lord Grantchester & the Moores Family (Everton) £1.2bn

8= Dermot Desmond (Celtic) £1.2bn

10= Lord Ashcroft (Watford) £1.1bn

10= Malcolm Glazer and family (Man Utd) £1.1bn

12 Simon Keswick (Cheltenham) £966m

13 Trevor Hemmings (Preston) £900m

14 Mike Ashley (Newcastle) £800m

15 Randy Lerner (Aston Villa) £750m

16 Tom Hicks (Liverpool) £700m

17 The Walker Family (Blackburn) £660m

18 Mohammed Al Fayed (Fulham) £650m

19 Sir David Murray (Rangers) £600m

20 Steve Morgan (Wolves) £400m