Robbie Fowler 4th richest footballer

In association with Steve McManaman, Fowler has invested in several racehorses through a company named The Macca and Growler Partnership, most notably 2003 Queen Elizabeth the Queen Mother Celebration Chase winner Seebald.[72] In 2005, Fowler was listed as one of the 1,000 wealthiest Britons by the Sunday Times Rich List. Business interests including a large property portfolio have resulted in Fowler's net wealth totaling £137m. [73] This gave rise to the affectionate Liverpool chant, We all live in a Robbie Fowler house, sung to the tune of Yellow Submarine.[31]

From wikipedia.
 
Moebius said:
mossley_blue said:
He owns around 200 properties. Bought from when he started playing really. Very wise at the time but now not looking so good?

yea, buy to lets he did, which have now fell on there arse.

? no
mortgage to let is on it's arse but if you own then you're not effected by the current housing slump unless you need to free up some capital.
 
fair play to him
but i did like Balti's explanation the most, seems to fit with me worldly view of how everyone is out to get me
cheers
 
Gelsons Dad said:
Moebius said:
yea, buy to lets he did, which have now fell on there arse.

? no
mortgage to let is on it's arse but if you own then you're not effected by the current housing slump unless you need to free up some capital.

You are as the value of your portfolio has gone down!
 
[
mortgage to let is on it's arse but if you own then you're not effected by the current housing slump unless you need to free up some capital.[/quote]

You are as the value of your portfolio has gone down![/quote]



This is only relevant if you are using the equity to support other loans. the actual value doesn't matter in the short term if there are no mortgages. The people who are f*cked are those who used equity from one house to fund the deposit on a second and then when prices went up to fund a third etc
 

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