14 Jun 2017

Time for a touch up! Russian oligarch's £240million Motor Yacht A undergoes a refit so she's spruce enough to keep up with her new £360million big sister

  • Sailing Yacht A, worth £360m, and £240m Motor Yacht A, are both owned by billionaire Andrey Melnichenko 
  • Mr Melnichenko received his new Sailing Yacht A last month after it completed its final sea trials in Gibraltar
  • The oligarch, 45, is worth around £11billion, and is a Russian industrialist with assets in fertiliser and coal
  • Motor Yacht A's minor refurbishment and maintaenance will take 'a few months'
A Russian oligarch's £240 million prized superyacht is undergoing a facelift, almost ten years after it was built.
Motor Yacht A - one of the world’s 25 largest superyachts - is currently docked in Navantia, Cartagena, in south-eastern Spain. 
Her renovation comes as owner, Russian oligarch Andrey Melnichenko, 45, - who is believed to be worth around £11billion - recently got his hands on in a new vessel, the £360million Sailing Yacht A.
The two luxury boats have this week been pictured moored alongside each other in Cartagena.
Costing a combined total of £600million, they first took to the waves together in early May.
Motor Yacht A will now be given a luxury makeover and a maintenance job similar to a car receiving an MOT and service that will take 'a few months' a spokesman for the owner told MailOnline. 

Motor Yacht A, pictured left next to her big sister Sailing Yacht A, is going renovation work in Navantia, Cartagena, Spain
Motor Yacht A, pictured left next to her big sister Sailing Yacht A, is going renovation work in Navantia, Cartagena, Spain
In Spain, Motor Yacht A (right) will be given a luxury makeover in a maintenance job similar to a car receiving an MOT and service that will take 'a few months' a spokesman for the owner said
In Spain, Motor Yacht A (right) will be given a luxury makeover in a maintenance job similar to a car receiving an MOT and service that will take 'a few months' a spokesman for the owner said
Both Motor Yacht A (pictured) and Sailing Yacht A belong to Andrey Melnichenko - a 45-year-old Russian industrialist worth around £11billion with assets in fertiliser and coal
Both Motor Yacht A (pictured) and Sailing Yacht A belong to Andrey Melnichenko - a 45-year-old Russian industrialist worth around £11billion with assets in fertiliser and coal
Sailing Yacht A, which was has three 300ft masts that are taller than Big Ben's tower, met Motor Yacht A in Monaco
Sailing Yacht A, which was has three 300ft masts that are taller than Big Ben's tower, met Motor Yacht A in Monaco
The towering Sailing Yacht A boasts masts at 300ft that are taller than Big Ben as it sits in the water off the coast of Monaco
The towering Sailing Yacht A boasts masts at 300ft that are taller than Big Ben as it sits in the water off the coast of Monaco
Motor Yacht A which belogns to the Russian oligarch born in Gomel, Belarus, during Soviet rule, who is one of the richest citizens of Russia and the world with a reported net worth of around £11billion
Motor Yacht A which belogns to the Russian oligarch born in Gomel, Belarus, during Soviet rule, who is one of the richest citizens of Russia and the world with a reported net worth of around £11billion
A spokesman for Mr Melnichenko said: 'Motor Yacht A is undergoing a planned minor refit in the Navantia shipyard in Cartagena. 
'It's a technical survey and regular maintenance to maintain her usual as-new condition.'
Sailing Yacht A had been tested rigorously in Gibraltar before being handed to its owner last month where she and Motor Yacht A were sent out to sea.  
They were spotted in the 430-acre principality of Monaco, the glitzy and glamorous seaside principality on the French Riviera.  
Sailing Yacht A was handed over to the owner by the project team led by Dirk Kloosterman having completed her final sea trials in the Navantia shipyard in Cartagena, and in Gibraltar at the beginning of May. 
The staggering Sailing Yacht A is a 468ft-long vessel which has three 300ft masts that are taller than Big Ben's tower.  

Motor Yacht A, pictured left, sailing in waters off the coast of Monaco next to its owner's new toy- Sailing Yacht A, seen right
Motor Yacht A, pictured left, sailing in waters off the coast of Monaco next to its owner's new toy- Sailing Yacht A, seen right
Sailing Yacht A
Motor Yacht A
Pictured in Monaco, Sailing Yacht A, left, and Motor Yacht A, right, are both stamped with a huge A on the back of the vessels
People disembark Sailing Yacht A's smaller ferrying vessel as it moors among the other luxury yachts in Monaco's harbour
People disembark Sailing Yacht A's smaller ferrying vessel as it moors among the other luxury yachts in Monaco's harbour

HOW DOES MOTOR YACHT A STACK UP AGAINST SAILING YACHT A?

Billionaire Andrey Melnichenko owns two of the world's largest superyachts. Here's how they stack up:
Motor Yacht A 
Launched: 2008
Builder: Blohm + Voss (Hamburg, Germany)
Designer: Philippe Starck 
Cost: £240million
Length: 119 metres (390ft)
World's 21st largest superyacht 
Guests: 14
Crew: 42 
Maximum speed: 23 knots (26 mph)
Cruising speed: 19.5 knots (22 mph)
Flag: Bermuda 
Sailing Yacht A
Launched: 2017
Builder: Nobiskrug (Rendsburg, Germany)
Designer: Philippe Starck 
Cost: £360million
Length: 142.8 metres (468.5ft)
World's 9th largest superyacht 
Guests: 20
Crew: 54 
Maximum speed: 21 knots (24mph)
Cruising speed: 16 knots (18 mph)
Flag: Bermuda 
Sailing Yacht A boasts eight floors - with a helicopter pad on one of the decks - and an underwater observation room.
It is powered by a 'hybrid diesel-electric package with controllable pitch propellers,' and is designed to accommodate 20 guests and a crew of 54. 
Project Director Dirk Kloosterman said: 'This has been the most challenging assignment of my career. I am confident Sailing Yacht A will be the world's greatest yacht in terms of design and technology for the years ahead.' 

A close-up shot of billionaire Andrey Melnichenko's £240million superyacht which he called Motor Yacht A
A close-up shot of billionaire Andrey Melnichenko's £240million superyacht which he called Motor Yacht A
Motor Yacht A, left, and Sailing Yacht A, in the sea off the coast of Monaco with a combined value of about £600million
Motor Yacht A, left, and Sailing Yacht A, in the sea off the coast of Monaco with a combined value of about £600million
A smaller vessel is lowered into the water from Motor Yacht A, which appears to have inspired the design of the new yacht
A smaller vessel is lowered into the water from Motor Yacht A, which appears to have inspired the design of the new yacht
The two yachts, that cost a combined £600million, met today in Monte Carlo, in Monaco
The two yachts, that cost a combined £600million, met today in Monte Carlo, in Monaco
The 468ft-long vessel Sailing Yacht A (left) is owned by Andrey Melnichenko, as is Motor Yacht A (right) 
The 468ft-long vessel Sailing Yacht A (left) is owned by Andrey Melnichenko, as is Motor Yacht A (right) 
Andrey Melnichenko, who has an estimated net worth of $13.4 billion (£10.8 billion), is said to favour using the letter 'A' so that his vessels are listed first in shipping registers
Andrey Melnichenko, who has an estimated net worth of $13.4 billion (£10.8 billion), is said to favour using the letter 'A' so that his vessels are listed first in shipping registers
The impressive superyachts were both designed by Frenchman Philippe Starck for the Russian billionaire 
The impressive superyachts were both designed by Frenchman Philippe Starck for the Russian billionaire 
The 45-year-old Russian industrialist is worth around £11billion, with assets in fertiliser and coal.
He is the main shareholder of EuroChem, one of the leading fertiliser producers in the world. 
Sailing Yacht A eclipses his other superyacht, Motor Yacht A, worth £240million. 
It boasts an opulent lounge with floor-to-ceiling windows, wood and leather furniture, and a spacious owner's cabin that is larger than most apartments in London or New York and is said to have bomb-proof glass and a rotating bed.
Sailing Yacht A boasts eight floors - with a helicopter pad on one of the decks - and an underwater observation room
Sailing Yacht A boasts eight floors - with a helicopter pad on one of the decks - and an underwater observation room
The ultra-luxurious Motor Yacht A features an unconventional design and bears a resemblance to a military-style submarine
The ultra-luxurious Motor Yacht A features an unconventional design and bears a resemblance to a military-style submarine
The cruise speed of the ship is 18mph, with a top speed of 24mph. The hull is made of steel, with a teak-finish deck
The cruise speed of the ship is 18mph, with a top speed of 24mph. The hull is made of steel, with a teak-finish deck
The cruise speed of the ship is 18mph, with a top speed of 24mph. The hull is made of steel, with a teak-finish deck
Three spa pools with current-generating technology are spread throughout the yacht, and one has a glass floor that passengers can look into from the lower deck.  
There are seven luxurious cabins for up to 14 guests and accommodation for 42 crew members.
Powered by two diesel engines, the yacht has a top speed of 23 knots (26.4 mph) and a cruising speed of 19.5 knots (22.4 mph), with a range of 6,500 nautical miles. 
Over the years it has been spotted in places such as Honolulu, Malibu, Monaco, Puerto Rico, Turkey and Thailand.
Both vessels were designed by Frenchman Philippe Starck, a renowned contemporary designer. 
The Belarus-born Melnichenko lives a glamorous, jet-setting lifestyle with his wife, Aleksandra, a former model and pop star from Serbia. 
In addition to two massive yachts, he owners a customised Boeing 737 private jet, a villa in the French Riviera, a penthouse in New York and a sprawling estate near Ascot, England.  
He is said to favour using the letter 'A' so his vessels are listed first in shipping registers.   
The huge yacht, which has 300ft masts, as tall as Big Ben, was seen sailing off into the sunset from Gibraltar on May 2, where workers were seen carrying out tests and inspections on it  
The huge yacht, which has 300ft masts, as tall as Big Ben, was seen sailing off into the sunset from Gibraltar on May 2, where workers were seen carrying out tests and inspections on it  
The impressive superyacht was designed by Frenchman Philippe Starck and built by German Naval Yards, Nobiskrug
The impressive superyacht was designed by Frenchman Philippe Starck and built by German Naval Yards, Nobiskrug
The luxurious vessel has 300ft masts, eight floors, a helicopter pad and an underwater observation room and is designed to accommodate up to 20 guests and more than 50 crew
The luxurious vessel has 300ft masts, eight floors, a helicopter pad and an underwater observation room and is designed to accommodate up to 20 guests and more than 50 crew
The yacht, named Sailing Yacht A, has been branded 'the world's greatest yacht' by project chiefs
The yacht, named Sailing Yacht A, has been branded 'the world's greatest yacht' by project chiefs
The boat's owner has an estimated net worth of $13.4 billion (£10.8 billion) and he spent £360million on the luxury vessel
The boat's owner has an estimated net worth of $13.4 billion (£10.8 billion) and he spent £360million on the luxury vessel
The impressive vessel was photographed on May 2 in Gibraltar, where workers have been carrying out tests and inspections
The impressive vessel was photographed on May 2 in Gibraltar, where workers have been carrying out tests and inspections
The massive yacht, which has eight floors, was  undergoing testing in Gibraltar before being handed to its owner
The massive yacht, which has eight floors, was undergoing testing in Gibraltar before being handed to its owner
The colossal yacht has three 300ft masts, eight floors, a helicopter pad and an underwater observation room
The colossal yacht has three 300ft masts, eight floors, a helicopter pad and an underwater observation room
The massive vessel, which has space for 20 guests and more than 50 crew, was being tested and undergoing inspections in Gibraltar on May 2 
The massive vessel, which has space for 20 guests and more than 50 crew, was being tested and undergoing inspections in Gibraltar on May 2 

WHO ARE ANDREY MELNICHENKO AND HIS GLAMOROUS WIFE ALEKSANDRA?

Andrey Melnichenko and wife, Aleksandra
Andrey Melnichenko and wife, Aleksandra
Andrey and Aleksandra Melnichenko, a former model and pop star from Serbia - the couple met in France in 2003

Born in Gomel, Belarus, during Soviet rule, Andrey Melnichenko is one of the richest citizens of Russia and the world, with a reported net worth of around £11billion.

He is the main shareholder of EuroChem, one of the leading fertiliser producers in the world.

The billionaire industrialist met his wife Aleksandra, a former model and pop star from Serbia, in the South of France in 2003 and within two years were married in the same spot in an extravagant wedding which included performances by pop stars Whitney Houston and Christina Aguilera, along with Spanish singing legend Julio Iglesias.
Moscow-based Melnichenko paid singer Jennifer Lopez $2million to perform at his wife's lavish 30th birthday bash at their English mansion in Ascot, and the pair regularly throws sailing parties attended by the rich and famous.

In 2008, rocker Lenny Kravitz performed at their third wedding anniversary bash on Motor Yacht A. Three years later rapper Snoop Dogg entertained partygoers in a specially-built mirrored disco room.
Mrs Melnichenko once told Harper's Bazaar: 'The boat is perfect for parties, and we are always looking forward to the next one.'
In addition to two of the world's largest superyachts and a sprawling estate in Berkshire, west of London, the couple owns a villa in the French Riviera, a duplex penthouse in New York, a flat in London and a customised Boeing 737 private jet.

08 Jun 2017

Manchester United return to top of football rich list with value of £2.86bn after moving ahead of Real Madrid in Forbes rankings

  • Manchester United are the world's most valuable football club at £2.86 billion
  • Spanish giants Barcelona are the second with an overall worth of £2.82bn
  • Business magazine Forbes' 14th annual rich list has looked at the '15-'16 season
  • The calculations are based on equity plus net debt, revenues & operating income
Manchester United are now the world's most valuable football club at some £2.86 billion after moving ahead of Real Madrid at the top of business magazine Forbes' 14th annual rich list.
According to Forbes' calculations, which are based on equity plus net debt, revenues and operating income for the 2015-2016 season, United generated some £592 million which saw the Old Trafford club return to top spot for the first time in five years.
Spanish giants Barcelona were placed second with an overall worth of £2.82bn, with rivals Real, who won both the La Liga title and Champions League last season, in third place at £2.77bn, having been top since 2013.
Manchester United are now the world's most valuable football club at some £2.86 billion
Manchester United are now the world's most valuable football club at some £2.86 billion
Spanish giants Barcelona are the second with an overall worth of £2.82bn, say Forbes
Spanish giants Barcelona are the second with an overall worth of £2.82bn, say Forbes
United have moved ahead of Real Madrid at the top of magazine Forbes' 14th annual rich list
United have moved ahead of Real Madrid at the top of magazine Forbes' 14th annual rich list

Forbes 'The Business Of Soccer' World's Most Valuable Teams '15-'16

1 - Manchester United £2.86bn
2 - Barcelona £2.82bn
3 - Real Madrid £2.77bn
4 - Bayern Munich £2.1bn
5 - Manchester City £1.61bn
6 - Arsenal £1.5bn
7 - Chelsea £1.43bn
8 - Liverpool £1.15bn
9 - Juventus £976m
10 - Tottenham Hotspur £821m
11 - Paris Saint-Germain £652m
12 - Borussia Dortmund £626m
13 - AC Milan £621m
14 - Atletico Madrid £567m
15 - West Ham United £491m
16 - Schalke £487m
17 - Roma £441m
18 - Inter Milan £416m
19 - Leicester City £320m
20 - Napoli £294m
German side Bayern Munich are listed fourth at £2.1bn.
Forbes Media assistant managing editor Mike Ozanian said: 'Manchester United's return to the top spot is a testament to their powerful brand and marketing acumen.'
United's value at $3.69 billion (£2.86bn) signals an 11 percent jump compared to last year.
The financial muscle of the Premier League, which is benefiting from a huge increase in broadcasting revenue, is clear as five other English clubs in Manchester City, Arsenal, Chelsea, Liverpool and Tottenham Hotspur all also made the top 10.
Joe Lewis and Daniel Levy's Tottenham Hotspur are in 10th position in Forbes' club rankings
Joe Lewis and Daniel Levy's Tottenham Hotspur are in 10th position in Forbes' club rankings
Leicester City won the 2015-16 Premier League title and placed 19th, while West Ham United, who have now moved into the London Stadium, are 15th.
Serie A winners Juventus, who were beaten by Real Madrid in Saturday's Champions League final in Cardiff, are ninth, with French giants Paris Saint-Germain just outside the top 10.  
Leicester City won the 2015-2016 Premier League title under Claudio Ranieri and placed 19th
Leicester City won the 2015-2016 Premier League title under Claudio Ranieri and placed 19th

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