Real Madrid has solidified its position as the world's top earner in football, raking in a staggering €1.16 billion ($1.36 billion) during the 2024-25 season, despite missing out on La Liga and Champions League titles. However, Liverpool FC has finally managed to dethrone Manchester United as the Premier League's biggest financial earners, with a fifth-place ranking of €836 million ($980.4 million).
This remarkable shift is attributed to Real Madrid's impressive 23% increase in commercial revenue, driven primarily by merchandise sales and corporate partnerships, which reached an impressive €594 million ($696.6 million). Barcelona took the second spot with €975 million ($1.14 billion), while Bayern Munich rounded out the top three with €861 million ($1.09 billion).
In a surprising turn of events, Liverpool FC's success in winning the Premier League has translated into significant financial gains, marking the strongest performance by an English club in the 29-year history of Deloitte's Football Money League rankings. Manchester City and Arsenal followed closely behind, with €829 million ($721.3 million) and €822 million ($1.1 billion), respectively.
Manchester United, however, has seen its revenue decline significantly, slipping from fourth to eighth place due to their absence from European competitions and early exits from the FA Cup and League Cup. Deloitte attributes this decline to Manchester United's diminished ability to generate commercial revenue, which was once considered the industry standard.
The league's top 10 clubs now include six Premier League teams, with Tottenham Hotspur and Chelsea rounding out the list at ninth and tenth place, respectively. Overall, global football revenues have increased by 11%, driven largely by expanded stadium usage on non-matchdays, rising sponsorship deals, and improved retail operations.
As Deloitte notes, the rise of Saudi Pro League clubs and Inter Miami from Major League Soccer could potentially challenge Europe's financial dominance in the future. The league's expanding popularity, coupled with its growing star power, has already had a significant impact on global football profiles.
This remarkable shift is attributed to Real Madrid's impressive 23% increase in commercial revenue, driven primarily by merchandise sales and corporate partnerships, which reached an impressive €594 million ($696.6 million). Barcelona took the second spot with €975 million ($1.14 billion), while Bayern Munich rounded out the top three with €861 million ($1.09 billion).
In a surprising turn of events, Liverpool FC's success in winning the Premier League has translated into significant financial gains, marking the strongest performance by an English club in the 29-year history of Deloitte's Football Money League rankings. Manchester City and Arsenal followed closely behind, with €829 million ($721.3 million) and €822 million ($1.1 billion), respectively.
Manchester United, however, has seen its revenue decline significantly, slipping from fourth to eighth place due to their absence from European competitions and early exits from the FA Cup and League Cup. Deloitte attributes this decline to Manchester United's diminished ability to generate commercial revenue, which was once considered the industry standard.
The league's top 10 clubs now include six Premier League teams, with Tottenham Hotspur and Chelsea rounding out the list at ninth and tenth place, respectively. Overall, global football revenues have increased by 11%, driven largely by expanded stadium usage on non-matchdays, rising sponsorship deals, and improved retail operations.
As Deloitte notes, the rise of Saudi Pro League clubs and Inter Miami from Major League Soccer could potentially challenge Europe's financial dominance in the future. The league's expanding popularity, coupled with its growing star power, has already had a significant impact on global football profiles.