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football managerSpotted November 2022

Football manager Jan Olde Riekerink spotted wearing a Rolex

football manager Jan Olde Riekerink spotted wearing a Rolex 116500
Who & what: Rolex Daytona Ceramic Oystersteel Black Dial Reference 116500LN – Jan Olde Riekerink

Jan Olde Riekerink, the Dutch football manager at the helm of Galatasaray, was recently spotted wearing a Rolex Cosmograph Daytona reference 116500LN — the ceramic-bezel iteration that redefined the modern Daytona when Rolex unveiled it in 2016. For those who follow the secondary market closely, the sighting needs no further embellishment.

The Daytona 116500LN is built around an Oystersteel case measuring 40mm in diameter, paired with the brand's proprietary Cerachrom bezel in black — a monobloc ceramic insert that resists fading, scratching, and ultraviolet degradation far more effectively than the aluminium bezels used on earlier references including the long-running 116520. Inside sits the Rolex calibre 4130, an in-house automatic chronograph movement beating at 28,800 vph with a column-wheel and vertical clutch. The power reserve runs to approximately 72 hours. It is, by any technical measure, one of the most refined chronograph movements in production watchmaking.

From a collector perspective, the 116500LN arrived at a critical juncture. Enthusiasts had long celebrated the 116520, but the switch to ceramic transformed the watch's desirability almost overnight. Waiting lists at authorised dealers stretched to years in many markets, and grey-market premiums climbed steeply — at times reaching three to four times the retail price. Both the black-dial and white-dial variants attracted intense demand, though the black dial variant, as worn here, has historically commanded a slight premium among purists.

Riekerink's background — coaching stints at Ajax, Charlotte FC, and now Galatasaray — has placed him in environments where high-performance culture is non-negotiable. The Daytona's motorsport heritage, rooted in its association with Le Mans and Daytona International Speedway from the 1960s onward, arguably resonates with a professional accustomed to operating under pressure and in front of large crowds.

At retail, the Rolex Daytona 116500LN carries a UK list price in the region of £9,100. On the grey market, strong demand has kept values well above that figure, with recent transactions typically settling between $22,000 and $28,000 USD depending on condition, box, and papers — a stark illustration of just how coveted this reference remains years after its introduction.

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