• 2nd: Barcelona. 2016 revenue: €620.2m. Deloitte said: “FC Barcelona retain second spot in the Money League thanks in part to revenue increases from a higher average league match attendance, but mainly due to improved and new commercial partner contracts. Use of the club’s Camp Nou stadium for a Bruce Springsteen concert and the final of the Top 14 Rugby competition also generated additional revenue.” Alex Caparros / Getty Images
    2nd: Barcelona. 2016 revenue: €620.2m. Deloitte said: “FC Barcelona retain second spot in the Money League thanks in part to revenue increases from a higher average league match attendance, but mainly due to improved and new commercial partner contracts. Use of the club’s Camp Nou stadium for a Bruce Springsteen concert and the final of the Top 14 Rugby competition also generated additional revenue.” Alex Caparros / Getty Images
  • 3rd: Real Madrid. 2016 revenue: €620.1m. Deloitte said: “After 11 consecutive years at the top of the Money League, Real Madrid fall two places to third behind Manchester United and FC Barcelona in this edition. Their victory in the Champions League, their 11th European Cup success, and lucrative tours of China and Australia led to a 7 per cent revenue increase but they have been unable to match the increase of either of their great rivals.” Gerard Julien / AFP
    3rd: Real Madrid. 2016 revenue: €620.1m. Deloitte said: “After 11 consecutive years at the top of the Money League, Real Madrid fall two places to third behind Manchester United and FC Barcelona in this edition. Their victory in the Champions League, their 11th European Cup success, and lucrative tours of China and Australia led to a 7 per cent revenue increase but they have been unable to match the increase of either of their great rivals.” Gerard Julien / AFP
  • 4th: Bayern Munich. 2016 revenue: €592m. Deloitte said: “Impressive revenue growth of 25 per cent sees Bayern climb the Money League to fourth, making this the ninth consecutive edition that they have been one of the top five revenue generating clubs globally. Bayern benefitted from increased distributions from the central international broadcast contracts agreed by the Bundesliga, and also new and improved deals with commercial partners.” AFP
    4th: Bayern Munich. 2016 revenue: €592m. Deloitte said: “Impressive revenue growth of 25 per cent sees Bayern climb the Money League to fourth, making this the ninth consecutive edition that they have been one of the top five revenue generating clubs globally. Bayern benefitted from increased distributions from the central international broadcast contracts agreed by the Bundesliga, and also new and improved deals with commercial partners.” AFP
  • 5th: Manchester City. 2016 revenue: €524.9m. Deloitte said: “2015/16 was a season of firsts for Manchester City as they reached the Champions League semi-final and consequently also enter the Money League top five. Matchday revenue remains relatively the weakest revenue stream compared to peers. Despite expansion of the Etihad Stadium, and a 19 per cent increase in City’s average home league attendance, they have only the ninth highest matchday revenue in the Money League.” Phil Noble / Reuters
    5th: Manchester City. 2016 revenue: €524.9m. Deloitte said: “2015/16 was a season of firsts for Manchester City as they reached the Champions League semi-final and consequently also enter the Money League top five. Matchday revenue remains relatively the weakest revenue stream compared to peers. Despite expansion of the Etihad Stadium, and a 19 per cent increase in City’s average home league attendance, they have only the ninth highest matchday revenue in the Money League.” Phil Noble / Reuters
  • 6th: PSG. 2016 revenue: €520.9m. Deloitte said: “Despite an 8 per cent rise in revenue, PSG drop out of the top five of the Money League for the first time since 2011/12. Their increased revenue is largely due to an uplift in UEFA distributions, ticket price increases and, in particular, an expansion of their Corporate Hospitality facilities. The Parc des Princes now offers 4,400 hospitality seats, an increase from 3,500 in 2014/15.” Yoan Valat / EPA
    6th: PSG. 2016 revenue: €520.9m. Deloitte said: “Despite an 8 per cent rise in revenue, PSG drop out of the top five of the Money League for the first time since 2011/12. Their increased revenue is largely due to an uplift in UEFA distributions, ticket price increases and, in particular, an expansion of their Corporate Hospitality facilities. The Parc des Princes now offers 4,400 hospitality seats, an increase from 3,500 in 2014/15.” Yoan Valat / EPA
  • 7th: Arsenal. 2016 revenue: €468.5m. Deloitte said: “Arsenal remain in seventh spot in the Money League after a 6 per cent increase in revenue, which was largely due to increased distributions received from UEFA for their participation in the Champions League. They also fall behind Manchester United in this edition as the second highest matchday revenue generating club globally.” AFP
    7th: Arsenal. 2016 revenue: €468.5m. Deloitte said: “Arsenal remain in seventh spot in the Money League after a 6 per cent increase in revenue, which was largely due to increased distributions received from UEFA for their participation in the Champions League. They also fall behind Manchester United in this edition as the second highest matchday revenue generating club globally.” AFP
  • 8th: Chelsea. 2016 revenue: €447.4m. Deloitte said: An inconsistent season on the pitch for Chelsea saw them finish tenth in the Premier League and reach the Round of 16 of the Champions League. This resulted in revenue increasing by 5 per cent, as an increase in amounts received from UEFA was largely offset by reduced 100 merit payments from the Premier League, meaning broadcast revenue increased by only £7.3m. Commercial revenue increased by £8.9m as the club entered the first year of its shirt front sponsorship with Yokohama Tyres.”
    8th: Chelsea. 2016 revenue: €447.4m. Deloitte said: An inconsistent season on the pitch for Chelsea saw them finish tenth in the Premier League and reach the Round of 16 of the Champions League. This resulted in revenue increasing by 5 per cent, as an increase in amounts received from UEFA was largely offset by reduced 100 merit payments from the Premier League, meaning broadcast revenue increased by only £7.3m. Commercial revenue increased by £8.9m as the club entered the first year of its shirt front sponsorship with Yokohama Tyres.”
  • 9th: Liverpool. 2016 revenue: €403.8m. Deloitte said: “Liverpool’s revenue grew slightly in 2015/16 as the club reached the UEFA Europa League final but suffered reductions in matchday attendance as the Main Stand at Anfield operated at a reduced capacity as redevelopment work took place. Commercial revenue ranks eighth, despite Money League rivals being able to offer Champions League exposure to potential partners.” Clive Brunskill / Getty Images
    9th: Liverpool. 2016 revenue: €403.8m. Deloitte said: “Liverpool’s revenue grew slightly in 2015/16 as the club reached the UEFA Europa League final but suffered reductions in matchday attendance as the Main Stand at Anfield operated at a reduced capacity as redevelopment work took place. Commercial revenue ranks eighth, despite Money League rivals being able to offer Champions League exposure to potential partners.” Clive Brunskill / Getty Images
  • 10th: Juventus. 2016 revenue: €341.1m. Deloitte said: “Despite seeing reductions in both matchday and broadcast revenue, Juventus recorded 5 per cent growth in overall revenue thanks to a near €30m increase in commercial revenue. The club’s move to adidas as kit supplier, and an extension to their shirt from sponsorship with Jeep, were the driving factors.” Valerio Pennicino / Getty Images
    10th: Juventus. 2016 revenue: €341.1m. Deloitte said: “Despite seeing reductions in both matchday and broadcast revenue, Juventus recorded 5 per cent growth in overall revenue thanks to a near €30m increase in commercial revenue. The club’s move to adidas as kit supplier, and an extension to their shirt from sponsorship with Jeep, were the driving factors.” Valerio Pennicino / Getty Images

Business

Deloitte Football Money League 2017 – in pictures

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Ian Oxborrow

Deloitte has released the 20th edition of its football money league in which it profiles the highest earning clubs in the world, based on the 2015-16 season.

It focuses on clubs’ ability to generate revenue from matchday, including ticket and corporate hospitality sales, broadcast rights, including distributions from participation in domestic leagues, cups and European club competitions, and commercial sources, including sponsorship, merchandising, stadium tours and other commercial operations.

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