Revealed: The world's top 20 highest earning football clubs
Deloitte have released their yearly list of the football clubs that earned the most money in the 2014/15 season, revealing a record total revenue of over £5 billion between just 20 teams. These figures do not include player transfer fees, while revenue has been used as Deloitte consider it the most easily available and comparable metric.
20. West Ham - revenue £122.4m
West Ham, the first of nine Premier League clubs to appear in the top 20, are back on the rich list for the first time since 2005/06 after revenues rose by £5.9 million.
Deloitte also attribute the strengthening of sterling versus the euro as having helped English clubs.
19. Inter Milan - £125.4m
The fallen Italian giants' revenue dropped this year by more than £10m, meaning they have slipped to the brink of dropping off the list for the first time in the 19 editions of the Football Money League.
18. Everton - £125.6m
An increase in Premier League television money has helped Everton rise from 20th to 18th.
17. Newcastle - £128.8m
Mike Ashley's club also jump two places despite a drop in revenue of £900,000, highlighting the difficulty others have had in maintaining income levels.
16. Roma - £137.2m
Roma were one of the biggest winners in the past year, jumping from 24th to 16th with an increase in revenue of £30.7m after successive seasons in the Champions League.
15. Atletico Madrid - £142.3m
Atletico's attempts to challenge the duopoly held in Spain by Real and Barcelona are all the more impressive after seeing the gulf in income. They are non-movers at 15.
14. AC Milan - £151.5m
Milan drop from 12th to 14th after a worrying fall in revenue from £208.8m in 2013/14. In the last two seasons they have finished eighth and tenth.
13. Schalke - £167.1m
Perennial qualifiers for the Champions League Schalke rise a place in Deloitte's list despite an £11.9m fall in revenue.
12. Tottenham - £195.9m
Spurs just miss out of the top 10 as their yearly revenue jumps by more than £15m, which will have presumably been invested in their new stadium, which development has begun, as pictured above.
11. Borussia Dortmund - £213.5m
Dortmund's failure to qualify for the Champions League saw their income fall by more than £5m but they retain 11th spot nonetheless.
10. Juventus - £246.4m
This is where the real elite start, with a jump up to nearly £250m in revenue. Juve are the highest earning Serie A club.
9. Liverpool - £298.1m
The highest earning non-Champions League club is the lowest of five Premier League teams in the top nine with a reputation that precedes it. Hugely popular all over the world, Liverpool have an absolutely massive fanbase.
8. Chelsea - £319.5m
Chelsea drop one place in the rich list after their revenus dropped by nearly £5m despite winning the Premier League in 2014/15 and a bumper television deal.
7. Arsenal - £331.3m
Arsenal trade places with cross-town rivals Chelsea after a £30m increase in their yearly revenue after they won a second successive FA Cup.
6. Manchester City - £352.6m
City just miss out on the top five for a second year running after a £4.3m increase in income.
5. Bayern Munich - £360.6m
Despite winning a record 25th German championship Bayern's revenue dropped by £40m for the 2014/15 season, meaning they fall to fifth in the Football Money League, their lowest position since 2006/07.
4. Paris Saint-Germain - £365.8m
Ligue 1 runaway winners PSG leapfrog German giants Bayern after another lucative campaign, though they earned nearly £30m less than in 2013/14.
3. Manchester United - £395.2m
United drop from second to third this year but Tim Bridge, Senior Manager at Deloitte, was impressed nonetheless:
“Despite a reduction in revenue year-on-year, the fact that Manchester United remain in the top three of the Money League demonstrates the underlying strength of the club’s business model.
The return to Champions League football, as well as the commencement of a number of significant commercial partnerships, will only strengthen the business in 2015/16. With this in mind, it would not be surprising to see United top next year’s Money League for the first time in 12 years, with the club forecasting revenues of around £500m (around €650m).”
2. Barcelona - £426.6m
One of only two teams worldwide with a yearly revenue of over £400m, Barcelona's on-field success transferred to their finances, with the Catalan club enjoying a £21.2m increase in income and a rise from third place to second.
1. Real Madrid - £439m
Real Madrid top the Deloitte Football Money League for the eleventh year in a row, having generated £439m in the 2014/15 season. Commercial revenue was the main driver of this growth, while matchday income also saw a significant increase.