Co-owner of Manchester United, Sir Jim Ratcliffe, has brought down the Rich list of Sunday Times after a drop in his power.
The 72-year-old has a decrease of £ 6.5 billion in the past year, making him one of the biggest pallers on the list.
As a result, his assets are now £ 17 billion.
Last year Ratcliffe had a net value of £ 23.5 billion and became fourth on the Rich list of Sunday Times.
And in 2023 he became second because he was worth £ 30 billion too shy.
It comes as …
However, he is now seventh in the ranking in the midst of another difficult season with United in the Premier League.
The Red Devils are currently 16th in the table with two more games to play.
Ruben Amorim and Co still have the opportunity to qualify for the Champions League.
If they would beat Prem -Rivalen Tottenham in the Europa League final next week, they will earn a place in Europe Elite Competition.
But if they don't, United will miss around £ 100 million in income.
Ratcliffe and his team of Ineos leaders have already made hundreds of fired from Man Utd since they took over the start of last year.
Many employees are now worried about their job safety if the Red Devils do not live the Europa League because of the loss of income.
Moreover, the new stadium of the club is expected to cost 100,000 seats more than £ 2 billion, which could see the capacity of Ratcliffe fall further.
The new stadium is expected to be opened before the 2030-31 campaign.
Ratcliffe previously claimed that United would not have had any money by the end of this year if he had not made any controversial cost reductions.
Above the British billionaire in this year's rich list of Sunday Times are Guy, George, Alannah and Galen Weston and family, who previously had different department stores in the Selfridges Group and now own Fortnum & Mason.
Among him is Lakshmi Mittal and family, owners of the world's second largest steel company.
Ratcliffe is the chairman and CEO of the Ineos Chemicals Group, which he founded in 1998.
He earned his fortune through Ineos, but has since invested a large sum of his money in various sports.
The billionaire bought the Sky Cycling franchise team in 2019 and renamed it to Team Ineos.
A year later he and Ineos became head partners of Formula 1 Giant Mercedes.
In addition to Man Utd, he also owns Ligue 1 -side OGC Nice.