For the 10th year running, European champion Real Madrid
is the world's richest club in the annual Football Money League
published by accountants Deloitte, with a revenue of $639 million.
Money
clearly talks in European football with the combined revenues of the
top 20 clubs in the rich list rising by a staggering 14% over the last
year to $7 billion.
All of the top five
clubs for the 2013-14 financial year saw their revenue surpass the
$500-million mark for the first time on a list dominated by the English
Premier League, home to five of this year's top 10 and eight of the
20-strong list.
As a result of the
latest Premier League broadcast rights deal, all of its teams have made
it into the world's top 40 highest-earning clubs.
This year is the 18th running of Deloitte's Money League, which has been dominated by Real for a decade, although Manchester United catapulted past both Barcelona ($563.5 million) and Bayern Munich ($566.8 million) to move into second place with revenues of $602.3 million, a hike in revenue of some $110 million.
'Remarkable growth'
United
has been below par on the pitch in recent times, under former manager
David Moyes and his successor Louis van Gaal, but figures show an 83%
growth in commercial revenue over the last three years.
That
said, United is expected to slide in next year's Money League having
missed out on Champions League revenues in this current season.
Of
the clubs on the list only United's "noisy neighbors" Manchester City
-- as Alex Ferguson once described them -- enjoyed a greater spike in
year-on-year revenue, with a $114 million rise from 2012-13 to cement
their place in sixth on the list.
"The
growth experienced within the top 20 has been remarkable," said Dan
Jones, partner in the Sports Business Group at Deloitte. "Commercial and
broadcast revenues are now more important than ever to clubs to enable
them to compete financially and put the best talent on the pitch.
"This
has led to further dominance from the 'big five' European leagues --
England, Germany, Spain, Italy and France -- this year, with just
Turkey's Galatasaray making it in from outside of those countries.
"Winning
the Champions League for an unprecedented 10th time and staying at the
top of the Money League made 2013-14 the year of the 'Doble Décima' for
Real Madrid.
"The club's continued
success on the field is complemented by its financial strength and their
accomplishment emphasizes their position as the most successful
European club side of all time. However, their commercial supremacy is
being challenged by Manchester United among others."
Barcelona's
revenue plateaued last year, seeing them drop from second spot behind
arch-rival Real to fourth below Manchester United and Bayern.
Paris Saint-Germain completes the top five while Juventus,
in 10th, is the only side from Italy's Serie A to make the top 10, with
Premier League sides Chelsea, Arsenal and Liverpool rounding off the
top clubs in seventh, eighth and ninth respectively in revenue terms.
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