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Chelsea's Samuel Eto'o Is Wealthiest Foreign-Born English Premier League Player, With Net Worth Of $64M

Chelsea's Samuel Eto'o Is Wealthiest Foreign-Born English Premier League Player, With Net Worth Of $64M

Jan 10 2014, 1:44pm CST | by

The English Premier League’s (EPL) Chelsea Football Club currently sits in third place in the league’s standings behind Arsenal and Manchester City.  However, Chelsea is in first place when it comes...

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40 weeks ago

Chelsea's Samuel Eto'o Is Wealthiest Foreign-Born English Premier League Player, With Net Worth Of $64M

Jan 10 2014, 1:44pm CST | by

The English Premier League’s (EPL) Chelsea Football Club currently sits in third place in the league’s standings behind Arsenal and Manchester City.  However, Chelsea is in first place when it comes to supporting the wealthiest foreign-born players in the EPL.

According to a survey conducted by Singapore-based Wealth-X (a company proclaimed to be the world’s largest collection of curated research on ultra-high-net worth individuals), the wealthiest foreign-born EPL player is Chelsea striker Samuel Eto’o (originally of Cameroon), who is said to have a net worth of $64 million.  Fellow Chelsea player Fernando Torres is believed to be the third-wealthiest foreign-born player in the EPL with a net worth of $42 million.  Torres was born in Spain.

The second-wealthiest foreign-born player in the EPL is Ryan Giggs of Manchester United.  Wealth-X claims that Giggs has a net worth of $45 million.  Two Manchester City players, Yaya Toure and Sergio Aguero, round out the list of five with a net worth of $41 million and $39 million respectively.

While the aforementioned foreign-born players are each independently very wealthy, their English-born colleagues at the top of the sport appear to be doing slightly better with the purse.  The combined net worth of the top ten wealthiest English-born EPL players (led by Wayne Rooney with a net worth of $73 million) is roughly $20 million greater than the combined net worth of the wealthiest players performing in the EPL who were born outside of the country.

“The results of this survey may come to a surprise for many, who may have been under the impression that foreign-born EPL players receive more rewarding compensation than their English counterparts,” said Michael Byrne, Wealth-X UK Director.  “English-born footballers in the EPL amass greater sponsorship and are therefore in a position to accumulate greater overall net worth.  This run-down certainly produces more surprises than the English-born list.”

Darren Heitner is a Partner at Wolfe Law Miami, P.A. in Miami, Florida, Founder of Sports Agent Blog Professor of Sport Agency Management at Indiana University and author of a forthcoming book, How to Play the Game published by the American Bar Association.  Learn more about him at http://www.darrenheitner.com.

Follow @DarrenHeitner

Source: Forbes Business

 
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7 weeks ago

Khazanah throws MAS RM6b lifeline

Aug 29 2014 5:01pm CDT | Source: Business Times Singapore

August 30, 2014 1:15 AMKHAZANAH Nasional will inject RM6 billion (SS$2.4 billion) over three years to resuscitate loss-making Malaysia Airlines (MAS) under a recovery plan that includes even an Act of Parliament. Other key moves are migrating its operations, assets and liabilities to a new company (NewCo) and slash ...
Source: Business Times Singapore   Full article at: Business Times Singapore
 

 
Update
1

7 weeks ago

MAS posts loss of RM307m for Q2

Aug 28 2014 5:00pm CDT | Source: Business Times Singapore

August 29, 2014 1:13 AMMALAYSIA Airlines (MAS) registered a loss of RM307 million (S$122 million) for the second quarter to end-June, but warned of worse to come in the second half when the "full financial impact of the double tragedies of MH3 ...
Source: Business Times Singapore   Full article at: Business Times Singapore
 

 

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