Real Madrid overtake Man City as richest club in Deloitte Money League

  • Real Madrid earned more revenue than any club in Europe in 2022/23
  • Top 20 Money League clubs brought in a record €10.5bn
  • Liverpool among three clubs to report a fall in revenue
More glory for Madrid
More glory for Madrid / Mateo Villalba/GettyImages
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Real Madrid made more money across the 2022/23 season than any club across Europe, taking Manchester City's spot atop the Deloitte Money League.

The Spanish giants reported their highest-ever revenue of €831.4m, an increase of €118m from the previous year, having enjoyed a rise in stadium attendance following the easing of Covid-19 protocols.

That boost gave Madrid the edge over City, whose own record revenue of €825.9m was boosted by significant rewards from their Champions League and Premier League triumphs.

For the first time in the history of this report, Paris Saint-Germain have clawed their way into the top three. An annual revenue of €801.8m sees them edge out Barcelona, whose rose from seventh to fourth on this list after a 45% rise in commercial revenue made them one of only four sides to report revenue of over €800m.

Manchester United come in fifth with €745.8m - an 8% rise from the previous season - while Bayern Munich reported revenue of €744m.

Sitting in seventh are Liverpool, who tumble down from third in last season's rankings as just one of three teams to actually report a decrease in revenue across the 2022/23 campaign. Their poor performances on the pitch kept their revenue at €682.9m.

Tottenham Hotspur (€631.5m), Chelsea (€589.4m) and Arsenal (€532.6m) round out the top ten. Elsewhere, Newcastle United (17th) and West Ham United (18th) are the other two Premier League sides to reach the final rankings.


The 20 highest-earning clubs in the world in 2022/23

Rank

Team

Revenue

1

Real Madrid

€831.4m

2

Manchester City

€825.9m

3

PSG

€801.8m

4

Barcelona

€800.1m

5

Manchester United

€745.8m

6

Bayern Munich

€744m

7

Liverpool

€682.9m

8

Tottenham Hotspur

€631.5m

9

Chelsea

€589.4m

10

Arsenal

€532.6m

11

Juventus

€432.4m

12

Borussia Dortmund

€420m

13

AC Milan

€385.3m

14

Inter

€378.9m

15

Atletico Madrid

€364.1m

16

Eintracht Frankfurt

€293.5m

17

Newcastle United

€287.8m

18

West Ham United

€275.1m

19

Napoli

€267.7m

20

Marseille

€258.4m


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