NEWCASTLE have beaten Sunderland in the battle of football’s billionaires.
United owner Mike Ashley came ahead of Black Cats’ newly appointed chairman Ellis Short in a survey by football magazine FourFourTwo for the 2011-2012 season.
The sportswear tycoon, who has a total worth of £1.37billion and recently increased his assets by £950million, was ranked 10th richest man in the British game, up from 16th last year.
Texas businessman and SAFC owner Short, who has a £1billion fortune, came 15th.
The Missouri-born businessman, who is of Irish descent, built his fortune working for Lone Star Funds, a private equity firm based in Dallas, Texas, as a senior executive responsible for Asian operations.
Former Newcastle striker Michael Owen has also made the list, rising from 68th place to 66th, even though his fortune has remained the same as last year at £40million. Despite having a pay-as-you-play deal at Manchester United, the former Magpie receives more money from his off-field deal with Umbro, which is understood to earn him £2million a year. Manchester City owner Sheikh Mansour bin Zayed Al Nahyan topped the list.