Group Bolasepak: Abramovich loses money list leadership to City owner

LONDON: Manchester City owner Sheikh Mansour bin Zayed Al-Nahyan has replaced his Chelsea counterpart Roman Abramovich as the wealthiest man in British Football, according to a "rich list" published on Wednesday.

The list, compiled by FourFourTwo magazine, estimates the Abu Dhabi Sheikh's personal fortune at 15 billion pounds, putting him ahead of second-ranked Indian tycoon Lakshmi Mittal (12.5 billion), who has a substantial interest in Championship side Queen's Park Rangers.

Abramovich is in third place with his wealth estimated to have fallen from ten billion pounds to seven billion as a result of the current economic crisis. David Beckham remains the richest player associated with British football, his personal fortune of 125 million comfortably surpassing his closest rivals Michael Owen (40 million) and Wayne Rooney (35 million).

Celtic shareholder Dermot Desmond, the Irish entrepreneur, is the richest person in Scottish football. He is eighth on the list and said to have assets worth 1.2 billion pounds, twice what Rangers chairman Sir David Murray is worth.

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The modern game was codified in England following the formation of The Football Association, whose 1863 Laws of the Game created the foundations for the way the sport is played today. Football is governed internationally by the Fédération Internationale de Football Association (International Federation of Association Football), commonly known by the acronym FIFA. The most prestigious international football competition is the FIFA World Cup, held every four years. This event, the most widely viewed in the world, boasts an audience twice that of the Summer Olympic Games.

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Association football

Association football, more commonly known as football or soccer, is a team sport played between two teams of eleven players, and is widely considered to be the most popular sport in the world. It is a football variant played on a rectangular grass or artificial turf field, with a goal at each of the short ends. The object of the game is to score by manoeuvring the ball into the opposing goal. In general play, the goalkeepers are the only players allowed to use their hands or arms to propel the ball; the rest of the team usually use their feet to kick the ball into position, occasionally using their torso or head to intercept a ball in midair. The team that scores the most goals by the end of the match wins. If the score is tied at the end of the game, either a draw is declared or the game goes into extra time and/or a penalty shootout, depending on the format of the competition.

Laws of the game

There are seventeen laws in the official Laws of the Game. The same Laws are designed to apply to all levels of football, although certain modifications for groups such as juniors, seniors or women are permitted. The laws are often framed in broad terms, which allow flexibility in their application depending on the nature of the game. In addition to the seventeen laws, numerous IFAB decisions and other directives contribute to the regulation of football. The Laws of the Game are published by FIFA, but are maintained by the International Football Association Board, not FIFA itself.

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Abramovich loses money list leadership to City owner

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