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U2 are highest-earning band in the world

U2 have been named the highest-earning band in the world over the last year.

The Irish pop group are in the middle of staging their 360° tour which has been disrupted this summer by an injury to Bono's back.

They were estimated to have made £84.9m (€110m), according to Forbes.com, including ticket and merchandise sales and a steady-selling back catalogue.

In March 2008, it was confirmed that U2 signed a 12 year deal with Live Nation worth an estimated £50 million, which includes Live Nation controlling the band's merchandise, sponsoring, and their official website.

The band's latest album No Line on the Horizon was released on 27 February 2009.

The U2 360° Tour began on 30 June 2009 and featured European and North American stadium dates in 2009, with additional shows in Europe in 2010 and North America in 2011. The shows feature a 360-degree staging/audience configuration, in which the fans surround the stage from all sides.

U2 were scheduled to headline the Glastonbury Festival on 25 June 2010, but an injury to Bono's back during preparation for the third leg of the U2 360° Tour led to the postponement of the entire leg. Bono stated, "I'm heartbroken. We really wanted to be there to do something really special—we even wrote a song especially for the Festival." Rescheduled concert dates have been announced for 2011.

Meanwhile, heavy metal group AC/DC, Bruce Springsteen and Madonna - whose songs have been featured on the hit sitcom Glee - also appeared in the round-up.

Lady Gaga, who has also been on tour this year, was one of the few members of the younger generation of artists to make the top 10.

Beyonce Knowles earned more than her hip hop star husband Jay-Z, with the couple coming in third and sixth place respectively.

Despite a turbulent few years, Britney Spears was in fifth place, with her earnings put at £41.8m.

Coldplay came in equal 10th place, thanks to money made while still touring in support of their 2008 album Viva La Vida.

Forbes.com top earning musicians of 2010

1. U2 - €110m

2. AC/DC - €96.6m

3. Beyonce Knowles - €73.6m

4. Bruce Springsteen - €59.2m

5. Britney Spears - €54.1m

6. Jay-Z - €53.2m

7. Lady Gaga - €52.5m

8. Madonna - €49.1m

9. Kenny Chesney - €42.2m

= 10. Black Eyed Peas - €40.5m

= 10. Coldplay - €40.5m

© Telegraph.co.uk