Football landlords suffering

When it comes to footballing landlords its been a game of too halves.

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Some of the footballing mega rich and mega star have been piling their fortunes into property investments. However, some have experienced more success than others.

Former Liverpool hotshot Robbie Fowler poured his money into low priced Liverpool terraced properties, that often could be picked up for less than ten grand, meaning that property investors could pick up a street of houses for the same price of a luxury London pad. Whilst Robbie's fortune has no doubt taken a hit his portfolio of 100 or so properties probably means that his rental income keeps a smile on his face despite falling capital values.

Less shrewd footballing investors have fallen fowl of the property bust by being lured into some of the high profile buy-to-let schemes in the UK and abroad.

One such player hit by the slump in property is Wayne Rooney.

With wages of more than £120,000 a week and a fortune estimated at £35m, you might think the recession would have little effect on Wayne Rooney, but the Manchester United striker is already counting the cost of expensive forays into the property market.

And he is not alone. For the past five years, dressing-room banter among the Premier League stars has centred on how to jump on the bandwagon of rising house prices and emulate the fortune amassed by shrewd soccer veteran Robbie Fowler from unglamorous investments which include a street of cheap terraced houses in Oldham.

But now the talk is of tumbling values, collapsing development firms, the fallout of the Icelandic banking system and failed deals.

To find out which footballer has lost the most in the property slump, have a read of this article