Deloitte Football Money League

The Deloitte Football Money League is a ranking of football clubs by revenue generated from football operations. It is produced annually by the accountancy firm Deloitte and released in early February of each year, describing the season most recently finished.

Summary performance timeline

The following table shows the clubs who have appeared in the rankings since the 1996–97 season, sorted by average annual rank, and drawn from the annual lists below.

Club# YearsMost recentAve­rage rankBest rank
1996–97
1997–98
1998–99
1999–2000
2000–01
2001–02
2002–03
2003–04
2004–05
2005–06
2006–07
2007–08
2008–09
2009–10
2010–11
2011–12
2012–13
2013–14
2014–15
2015–16
2016–17
2017–18
2018–19
2019–20
2020–21
2021–22
2022–23
Spain Real Madrid272022–2321323266421111111111132122221
England Manchester United272022–232.411111111112422333342311334545
Spain Barcelona272022–234.33126681291376233222224223211474
Germany Bayern Munich272022–234.442532333597874444433544443366
England Chelsea262022–23749471071045645666577888898889
France Paris Saint-Germain152022–237.8731315211055467657653
Italy Juventus272022–237.93244552225431211810131391010101011101091111
England Arsenal272022–238.78520131011138761095655568877691111111010
England Manchester City192022–238.89116171721191112766655566112
England Liverpool272022–239.633910111975810810887899129999775737
Italy Milan272022–2310.523677444333567107781012141622182130191613
Brazil Flamengo11996–97111111
Italy Internazionale272022–2311.6761089911126897910998111517201915141414141414
England Tottenham Hotspur272022–2312.85816181517161615141315101415121114141312121110891098
Germany Borussia Dortmund232022–2313.487711141215122220182216121111111112121212121312
Germany Schalke 04182019–2014.5610141714141613161610151314131416161516
Italy Roma252022–2315.369151916109101112111211912181521192416152415162424
Spain Atlético Madrid162022–2315.811212221722252015151313131313131215
Italy Lazio112020–2116.0961912868141715202830
England Newcastle United232022–2316.6158512201413911121314172025222519172119292017
England Leeds United92022–2316.67520171351116231827
Italy Parma62001–0216.6713181413181918
Germany Hamburger SV102013–1416.81115161515111318201728
Scotland Celtic62006–0716.8313201718131617
Scotland Rangers82005–0617.25141416181517192118
France Lyon162022–2318.061120191511131213141718242128171829
France Marseille112022–2318.36141618191614151417302320
England Leicester City82021–2219.63142520142222221517
Turkey Galatasaray52015–1620.2161916182226
Italy Fiorentina32009–1020.3314142621
England Everton152022–2320.817182727282820192320171917181930
Russia Zenit Saint Petersburg72020–2120.861518172325281520
Germany Eintracht Frankfurt42022–2321.251627202216
Spain Valencia102019–2021.41820201918251923232621
England West Ham United162022–2321.631519192931292921211817201826161518
England Aston Villa122022–2321.9217171920252024292224212121
Germany Werder Bremen42010–11221720172823
Germany VfB Stuttgart62012–1322.6718182419272721
Italy Napoli142022–2322.71162829201622163130192120192819
Turkey Fenerbahçe42015–16231819301825
France Bordeaux22009–1023232323
England Bolton Wanderers12004–05232323
England Southampton72021–2223.861825232218232630
England Wolverhampton Wanderers42021–22241725291725
Germany Bayer Leverkusen12004–05242424
Netherlands Ajax72021–2224.711717262627232727
Portugal Benfica132022–2324.852020262124262627303024232422
England Brighton & Hove Albion32022–232523292323
England Middlesbrough12004–05252525
Italy Atalanta12020–21252525
Spain Sevilla52022–2325.2222427222825
Germany Borussia Mönchengladbach42020–2125.752428252426
Turkey Beşiktaş12017–18262626
England Sunderland62015–1626.8318183031272629
England Crystal Palace72022–2326.862429262430252628
Brazil Corinthians22012–1328243224
Wales Swansea City22014–1528272927
England AFC Bournemouth12016–17282828
England Sheffield United12019–20282828
England West Bromwich Albion22016–1728.5273027
England Fulham32022–2328.6726303026
England Stoke City32016–172928302829
Spain Villarreal12021–22292929
Portugal Porto12018–19292929

Rankings by season

2022–23

[1]

Appearances by Country
RankingCountryNumber of TeamsTotal Revenue
(€ million)
1England145856.9
2Italy51679.2
3Spain42209.9
4Germany31457.5
France1259.3
6Portugal1196.7
2024 RankClubRevenue
( million)
Country2023 RankChange
1Real Madrid831.4 Spain2 +1
2Manchester City825.9 England1 -1
3Paris Saint-Germain801.8 France5 +2
4Barcelona800.1 Spain7 +3
5Manchester United745.8 England4 -1
6Bayern Munich744.0 Germany6
7Liverpool682.9 England7
8Tottenham Hotspur631.5 England9 +1
9Chelsea589.4 England8 -1
10Arsenal532.6 England10
11Juventus432.4 Italy11
12Borussia Dortmund420.0 Germany13 +1
13Milan385.3 Italy16 +3
14Internazionale378.9 Italy14
15Atlético Madrid364.1 Spain12 -3
16Eintracht Frankfurt293.5 Germany22 +6
17Newcastle United287.8 England20 +3
18West Ham United275.1 England16 -2
19Napoli267.7 Italy31+
20Marseille258.4 France31+
21Aston Villa250.5 England21
22Benfica233.4 Portugal24 +2
23Brighton & Hove Albion231.3 England23
24Roma214.9 Italy31+
25Sevilla214.3 Spain28 +3
26Fulham209.8 England31+
27Leeds United207.8 England18 -9
28Crystal Palace206.5 England26 -2
29Lyon199.1 France31+
30Everton198.0 England19 -11

2021–22

[2]

Appearances by Country
RankingCountryNumber of TeamsTotal Revenue
(€ million)
1England165823.8
2Spain52110.6
3Germany31218.8
Italy973.9
5France1654.2
Portugal196.7
Netherlands187.2
2023 RankClubRevenue
( million)
Country2022 RankChange
1Manchester City731.0 England1
2Real Madrid713.8 Spain2
3Liverpool701.7 England7 +4
4Manchester United688.6 England5 +1
5Paris Saint-Germain654.2 France6 +1
6Bayern Munich653.6 Germany3 -3
7Barcelona638.2 Spain4 -3
8Chelsea568.3 England8
9Tottenham Hotspur523.0 England10 +1
10Arsenal433.5 England11 +1
11Juventus400.6 Italy9 -1
12Atlético Madrid393.8 Spain13 +1
13Borussia Dortmund356.9 Germany12 -1
14Internazionale308.4 Italy14
15West Ham United301.5 England16 +1
16Milan264.9 Italy19 +3
17Leicester City255.5 England15 -2
18Leeds United223.4 England23 +5
19Everton213.7 England18 -1
20Newcastle United212.3 England29 +9
21Aston Villa210.9 England21
22Eintracht Frankfurt208.3 Germany31+
23Brighton & Hove Albion198.4 England31+
24Benfica196.7 Portugal31+
25Wolverhampton Wanderers195.4 England17 -8
26Crystal Palace188.9 England31+
27Ajax187.2 Netherlands31+
28Sevilla186.1 Spain22 -6
29Villarreal178.7 Spain31+
30Southampton177.7 England26 -4

2020–21

[3]

Appearances by Country
RankingCountryNumber of TeamsTotal Revenue
(€ million)
1England144681.0
2Italy71696.7
3Spain41755.1
4Germany31126.5
5France1556.2
Russia212.0
2022 RankClubRevenue
( million)
Country2021 RankChange
1Manchester City644.9 England6 +5
2Real Madrid640.7 Spain2
3Bayern Munich611.4 Germany3
4Barcelona582.1 Spain1 -3
5Manchester United558.0 England4 -1
6Paris Saint-Germain556.2 France7 +1
7Liverpool550.4 England5 -2
8Chelsea493.1 England8
9Juventus433.5 Italy10 +1
10Tottenham Hotspur406.2 England9 -1
11Arsenal366.5 England11
12Borussia Dortmund337.6 Germany12
13Atlético Madrid332.8 Spain13
14Internazionale330.9 Italy14
15Leicester City255.5 England22 +7
16West Ham United221.5 England26 +10
17Wolverhampton Wanderers219.2 England29 +12
18Everton218.1 England17 -1
19Milan216.3 Italy30 +11
20Zenit Saint Petersburg212.0 Russia15 -5
21Aston Villa207.3 England31+
22Sevilla199.5 Spain31+
23Leeds United192.7 England31+
24Roma190.4 Italy31+
25Atalanta187.6 Italy31+
26Borussia Mönchengladbach177.5 Germany24 -2
Southampton177.5 England31+
28Napoli174.5 Italy19 -9
29Newcastle United170.1 England31+
30Lazio163.5 Italy31+

2019–20

[4]

Appearances by Country
RankingCountryNumber of TeamsTotal Revenue
(€ million)
1England123997.1
2Germany51564.5
3Spain41909.1
Italy1015.2
5France2721.3
6Russia1236.5
Portugal170.3
Netherlands155.5
2021 RankClubRevenue
( million)
Country2020 RankChange
1Barcelona713.4 Spain1
2Real Madrid691.8 Spain2
3Bayern Munich634.1 Germany4 +1
4Manchester United580.4 England3 -1
5Liverpool558.6 England7 +2
6Manchester City549.2 England6
7Paris Saint-Germain540.6 France5 -2
8Chelsea469.7 England9 +1
9Tottenham Hotspur445.7 England8 -1
10Juventus398.9 Italy10
11Arsenal388.0 England11
12Borussia Dortmund365.7 Germany12
13Atlético Madrid331.8 Spain13
14Internazionale291.5 Italy14
15Zenit Saint Petersburg236.5 Russia28 +13
16Schalke 04222.8 Germany15 -1
17Everton212.0 England19 +2
18Lyon180.7 France17 -1
19Napoli176.3 Italy20 +1
20Eintracht Frankfurt174.0 Germany27 +7
21Valencia172.1 Spain26 +5
22Leicester City171.0 England22
23Benfica170.3 Portugal24 +1
24Borussia Mönchengladbach167.9 Germany31+
25Crystal Palace161.3 England30 +5
26West Ham United158.0 England18 -8
27Ajax155.5 Netherlands23 -4
28Sheffield United152.0 England31+
29Wolverhampton Wanderers151.2 England25 -4
30Milan148.5 Italy21 -9

2018–19

[5]

Appearances by Country
RankingCountryNumber of TeamsTotal Revenue
(€ million)
1England114403.1
2Italy51469.0
3Spain42150.4
Germany1540.4
5France2856.8
Portugal373.8
7Netherlands1199.4
Russia180.4
2020 RankClubRevenue
( million)
Country2019 RankChange
1Barcelona840.8 Spain2 +1
2Real Madrid757.3 Spain1 -1
3Manchester United711.5 England3
4Bayern Munich660.1 Germany4
5Paris Saint-Germain635.9 France6 +1
6Manchester City610.6 England5 -1
7Liverpool604.7 England7
8Tottenham Hotspur521.1 England10 +2
9Chelsea513.1 England8 -1
10Juventus459.7 Italy11 +1
11Arsenal445.2[6] England9 -2
12Borussia Dortmund371.7[6] Germany12
13Atlético Madrid367.6 Spain13
14Internazionale364.6 Italy14
15Schalke 04324.8 Germany16 +1
16Roma231.0 Italy15 -1
17Lyon220.9[6] France28 +11
18West Ham United216.4 England20 +2
19Everton210.5[6] England17 -2
20Napoli207.4 Italy21 +1
21Milan206.3 Italy18 -3
22Leicester City200.0 England22
23Ajax199.4 Netherlands31+
24Benfica197.6 Portugal30 +6
25Wolverhampton Wanderers195.5 England31+
26Valencia184.7 Spain31+
27Eintracht Frankfurt183.8 Germany31+
28Zenit Saint Petersburg180.4 Russia25 -3
29Porto176.2 Portugal31+
30Crystal Palace174.5 England24 -6

2017–18

[7]

Appearances by Country
RankingCountryNumber of TeamsTotal Revenue (€ million)
1England134411.2
2Italy51315.8
3Spain41910.9
4Germany31190.2
5France2705.9
6Russia1167.8
Turkey1165.7
Portugal1150.7
2019
Rank
ClubRevenue
( million)
Country2018
Rank
Change
1Real Madrid750.9 Spain2 +1
2Barcelona690.4 Spain3 +1
3Manchester United665.8[8] England1 −2
4Bayern Munich629.2 Germany4
5Manchester City568.4 England5
6Paris Saint-Germain541.7 France7 +1
7Liverpool513.7 England9 +2
8Chelsea505.7 England8
9Arsenal439.2 England6 -3
10Tottenham Hotspur428.3 England11 +1
11Juventus394.5[8] Italy10 -1
12Borussia Dortmund317.2 Germany12
13Atlético Madrid304.4 Spain13
14Internazionale280.8 Italy15 +1
15Roma250.0 Italy24 +9
16Schalke 04243.8 Germany16
17Everton212.9 England20 +3
18Milan207.7 Italy22 +4
19Newcastle United201.5 England31+
20West Ham United197.9 England17 -3
21Napoli182.8 Italy19 -2
22Leicester City179.4 England14 -8
23Southampton172.0 England18 -5
24Crystal Palace169.0 England26 +2
25Zenit Saint Petersburg167.8 Russia23 -2
26Beşiktaş165.7 Turkey31+
27Sevilla165.2 Spain31+
28Lyon164.2 France21 -7
29Brighton & Hove Albion157.4 England31+
30Benfica150.7 Portugal30

2016–17

[9]

Appearances by Country
RankingCountryNumber of TeamsTotal Revenue (€ million)
1England144441.0
2Italy51232.0
3Germany41319.9
4Spain31595.4
5France2684.5
6Russia1180.4
Portugal1157.6
2018
Rank
ClubRevenue
( million)
Country2017
Rank
Change
1Manchester United676.3 England1
2Real Madrid674.6 Spain3 +1
3Barcelona648.3 Spain2 −1
4Bayern Munich587.8 Germany4
5Manchester City527.7 England5
6Arsenal487.6 England7 +1
7Paris Saint-Germain486.2 France6 −1
8Chelsea428.0 England8
9Liverpool424.2 England9
10Juventus405.7 Italy10
11Tottenham Hotspur359.5[10] England12 +1
12Borussia Dortmund332.6 Germany11 −1
13Atlético Madrid272.5 Spain13
14Leicester City271.1 England20 +6
15Internazionale262.1 Italy19 +4
16Schalke 04230.2 Germany13 −2
17West Ham United213.3 England18 +1
18Southampton212.1 England22 +4
19Napoli200.7 Italy30 +11
20Everton199.2 England23 +3
21Lyon198.3 France24 +3
22Milan191.7 Italy16 -6
23Zenit Saint Petersburg180.4 Russia17 -6
24Roma171.8 Italy15 -9
25Borussia Mönchengladbach169.3 Germany28 +3
26Crystal Palace164.0 England31+
27West Bromwich Albion160.5 England31+
28AFC Bournemouth159.2 England31+
29Stoke City158.3 England31+
30Benfica157.6 Portugal27 -3

2015–16

[11]

Appearances by Country
RankingCountryNumber of TeamsTotal Revenue (€ million)
1England123821.1
2Italy51093.6
3Germany41249.7
4Spain31468.9
5France2680.9
Turkey2313.6
6Russia1196.5
Portugal1152.1
Rank in
2017
ClubRevenue
( million)
CountryRank in
2016
Change
1Manchester United689.0 England3 +2
2Barcelona620.2 Spain2
3Real Madrid620.1 Spain1 −2
4Bayern Munich592.0 Germany5 +1
5Manchester City524.9 England6 +1
6Paris Saint-Germain520.9 France4 −2
7Arsenal468.5 England7
8Chelsea447.4 England8
9Liverpool403.8 England9
10Juventus338.9[12] Italy10
11Borussia Dortmund283.9 Germany11
12Tottenham Hotspur279.7 England12
13Atlético Madrid228.6 Spain15 +2
14Schalke 04224.5 Germany13 −1
15Roma218.2 Italy16 +1
16Milan214.6[12] Italy14 −2
17Zenit Saint Petersburg196.5 Russia18 +1
18West Ham United192.3 England21 +3
19Internazionale179.2 Italy20 +1
20Leicester City172.1 England25 +5
21Newcastle United168.2 England17 −4
22Southampton163.3 England23 +1
23Everton162.5 England19 −4
24Lyon160.0 France31+
25Fenerbahçe157.7 Turkey31+
26Galatasaray155.9 Turkey22 -4
27Benfica152.1 Portugal31+
28Borussia Mönchengladbach149.3 Germany31+
29Sunderland144.4 England26 -3
30Napoli142.7 Italy31 +1

2014–15

[13]

Appearances by Country
RankingCountryNumber of TeamsTotal Revenue (€ million)
1England163939.8
2Italy5992.4
3Spain31314.4
Germany3974.3
5France1480.8
Russia1167.8
Turkey1159.1
Wales1132.8
Rank in
2016
ClubRevenue
( million)
CountryRank in
2015
Change
1Real Madrid577.0 Spain1
2Barcelona560.8 Spain4 +2
3Manchester United519.5 England2 −1
4Paris Saint-Germain480.8 France5 +1
5Bayern Munich474.0 Germany3 −2
6Manchester City463.5 England6
7Arsenal435.5 England8 +1
8Chelsea420.0 England7 −1
9Liverpool391.8 England9
10Juventus323.9 Italy10
11Borussia Dortmund280.6 Germany11
12Tottenham Hotspur257.5 England13 +1
13Schalke 04219.7 Germany14 +1
14Milan199.1 Italy12 −2
15Atlético Madrid176.6[14] Spain15
16Roma179.1[14] Italy24 +8
17Newcastle United169.3 England19 +2
18Zenit Saint Petersburg167.8[14] Russia31+
19Everton165.1 England20 +2
20Internazionale164.8 Italy17 -2
21West Ham United160.9 England21 +1
22Galatasaray159.1 Turkey18 -3
23Southampton149.5 England25 +3
24Aston Villa148.8 England22 -1
25Leicester City137.2 England31+
26Sunderland132.9 England27 +2
27Swansea City132.8 Wales29 +3
28Stoke City130.9 England30 +3
29Crystal Palace130.8 England31+
30West Bromwich Albion126.6 England31+
31Napoli125.5 Italy16 -14

2013–14

[15]

Appearances by Country
RankingCountryNumber of TeamsTotal Revenue (€ million)
1England143142.0
2Italy5983.7
3Germany41083.3
4Spain31204.2
5France2601.8
6Turkey1161.9
Portugal1126.0
Wales1118.0
Rank in
2015
ClubRevenue
( million)
CountryRank in
2014
Change
1Real Madrid549.5 Spain1
2Manchester United518.0 England4 +2
3Bayern Munich487.5 Germany3
4Barcelona484.8[16] Spain2 −2
5Paris Saint-Germain471.3[16] France5
6Manchester City416.5[16] England6
7Chelsea387.9 England7
8Arsenal359.3 England8
9Liverpool305.9 England12 +3
10Juventus279.0[16] Italy9 −1
11Borussia Dortmund261.5 Germany11
12Milan249.7 Italy10 −2
13Tottenham Hotspur215.5[16] England14 +1
14Schalke 04214.0[16] Germany13 -1
15Atlético Madrid169.9 Spain20 +5
16Napoli164.8 Italy22 +6
17Internazionale162.8[16] Italy15 -2
18Galatasaray161.9 Turkey16 -2
19Newcastle United155.1 England25 +6
20Everton144.1 England31+
21West Ham United137.4 England29 +8
22Aston Villa133.0 England31+
23Marseille130.5 France30 +7
24Roma127.4 Italy19 -5
25Southampton126.9 England31+
26Benfica126.0 Portugal26
27Sunderland124.8 England31+
28Hamburger SV120.3 Germany17 -11
29Swansea City118.0 Wales31+
30Stoke City117.6 England31+

2012–13

[17]

Appearances by Country
RankingCountryNumber of TeamsTotal Revenue (€ million)
1England81957
2Italy61047.4
3Germany51137.5
4Spain41237.5
5France2503.1
Turkey2283.4
7Brazil1113.3
Portugal1109.2
Netherlands1107.6
Rank in
2014
ClubRevenue
( million)
CountryRank in
2013
Change
1Real Madrid518.9 Spain1
2Barcelona482.6 Spain2
3Bayern Munich431.2 Germany4 +1
4Manchester United423.8 England3 −1
5Paris Saint-Germain398.8 France10 +5
6Manchester City316.2 England7 +1
7Chelsea303.4 England5 −2
8Arsenal284.3 England6 −2
9Juventus272.4 Italy13 +4
10Milan263.5 Italy8 −2
11Borussia Dortmund256.2 Germany12 +1
12Liverpool240.6 England9 −3
13Schalke 04198.2 Germany15 +2
14Tottenham Hotspur172 England14
15Internazionale164.5[15] Italy11 −4
16Galatasaray157 Turkey19 +3
17Hamburger SV135.4 Germany20 +3
18Fenerbahçe126.4 Turkey31+
19Roma124.4 Italy21 +2
20Atlético Madrid120 Spain25 +5
21VfB Stuttgart116.5 Germany27 +6
22Napoli116.4 Italy21 -1
23Valencia116 Spain22
24Corinthians113.3 Brazil32 +8
25Newcastle United111.9 England22 -3
26Benfica109.2 Portugal24 -2
27Ajax107.6 Netherlands26 -1
28Lazio106.2 Italy31+
29West Ham United104.8 England30
30Marseille104.3 France17 -13

2011–12

[18]

Appearances by Country
RankingCountryNumber of TeamsTotal Revenue (€ million)
1England112213.6
2Germany5963.9
Italy5917.2
4Spain41214.6
5France3488.1
6Turkey1129.7
Portugal1111.1
Netherlands1104.1
Brazil194.1

For the fourth year running, the top 4 teams were Real Madrid, Barcelona, Manchester United and Bayern Munich, with Real Madrid becoming the first team to generate over €500 million in revenue. Manchester City, Borussia Dortmund and Napoli continued their meteoric rises up the table.

Rank in
2013
ClubRevenue
( million)
CountryRank in
2012
Change
1Real Madrid512.6 Spain1
2Barcelona483.0 Spain2
3Manchester United395.9 England3
4Bayern Munich368.4 Germany4
5Chelsea322.6 England5
6Arsenal290.3 England6
7Manchester City285.6 England12 +5
8Milan256.9 Italy7 −1
9Liverpool233.2 England9
10Paris Saint-Germain220.5[19] France31+
11Internazionale200.6[19] Italy8 −3
12Borussia Dortmund196.7[19] Germany16 +4
13Juventus195.4 Italy13
14Tottenham Hotspur178.2 England11 −3
15Schalke 04174.5 Germany10 −5
16Napoli148.4 Italy20 +4
17Marseille135.7 France14 −3
18Lyon131.9 France17 −1
19Galatasaray129.7[19] Turkey31+
20Hamburger SV121.1 Germany18 −2
21Roma115.9 Italy15 -6
22Newcastle United115.3 England25 +3
23Valencia111.1 Spain19 -4
24Benfica111.1 Portugal21 -3
25Atlético Madrid107.9 Spain22 -3
26Ajax104.1 Netherlands26
27VfB Stuttgart103.2 Germany27
28Everton99.5 England28
29Aston Villa98.6 England24 -5
30Fulham98.0 England31+
31Sunderland96.4 England30 -1
32Corinthians94.1 Brazil31+

2010–11

[20]

Appearances by Country
RankingCountryNumber of TeamsTotal Revenue (€ million)
1England111890.2
2Germany6986.3
3Italy5858.5
4Spain41146.9
5France2283.2
6Portugal1102.5
Netherlands197.1
Rank in
2012
ClubRevenue
( million)
CountryRank in
2011
Change
1Real Madrid479.5 Spain1
2Barcelona450.7 Spain2
3Manchester United367.0 England3
4Bayern Munich321.4 Germany4
5Arsenal251.1 England5
6Chelsea253.1[21] England6
7Milan234.8[21] Italy7
8Internazionale211.4 Italy9 +1
9Liverpool203.3 England8 −1
10Schalke 04202.4 Germany16 +6
11Tottenham Hotspur181.0 England12 +1
12Manchester City169.6 England11 −1
13Juventus153.9 Italy10 −3
14Marseille150.4 France15 +1
15Roma143.5 Italy18 +3
16Borussia Dortmund138.5 Germany22 +6
17Lyon132.8 France14 −3
18Hamburger SV128.8 Germany13 −5
19Valencia116.8 Spain25 +6
20Napoli114.9 Italy29 +9
21Benfica102.5 Portugal26 +5
22Atlético Madrid99.9 Spain17 −5
23Werder Bremen99.7 Germany28 +5
24Aston Villa99.3 England20 −4
25Newcastle United98.0 England31+
26Ajax97.1 Netherlands31+
27VfB Stuttgart95.5 Germany19 −8
28Everton90.8 England27 −1
29West Ham United89.1 England31 +3
30Sunderland87.9 England31+

2009–10

[22]

Appearances by Country
RankingCountryNumber of TeamsTotal Revenue (€ million)
1England101792
2Italy6998
Germany6925.5
4Spain51160.1
5France3390
6Portugal198.2
RankClubRevenue
( million)
CountryChange
1.Real Madrid438.6 SpainSteady
2.Barcelona398.1 SpainSteady
3.Manchester United349.8 EnglandSteady
4.Bayern Munich323.0 GermanySteady
5.Arsenal274.1 EnglandSteady
6.Chelsea255.9 EnglandSteady
7.Milan244[23] ItalyIncrease3
8.Liverpool225.3 EnglandDecrease1
9.Internazionale224.8 ItalySteady
10.Juventus205.0 ItalyDecrease2
11.Manchester City152.8 EnglandIncrease8
12.Tottenham Hotspur146.3 EnglandIncrease3
13.Hamburger SV146.2 GermanyDecrease2
14.Lyon146.1 FranceDecrease1
15.Marseille141.1 FranceDecrease1
16.Schalke 04139.8 GermanySteady
17.Atlético Madrid124.5 SpainIncrease5
18.Roma122.7 ItalyDecrease6
19.VfB Stuttgart114.8 GermanyIncrease5
20.Aston Villa109.4 EnglandIncrease5
21.Fiorentina106.4 ItalyIncrease5
22.Borussia Dortmund105.2 Germany
23.Bordeaux102.8 FranceSteady
24.Sevilla99.6 Spain
25.Valencia99.3 Spain
26.Benfica98.2 Portugal
27.Everton96.6 EnglandSteady
28.Werder Bremen96.5 GermanyDecrease11
29.Napoli95.1 ItalyDecrease1
30.Fulham94.2 England
31.West Ham United87.6 EnglandDecrease2

2008–09

[24]

RankClubRevenue
( million)
CountryChange
1.Real Madrid401.4 SpainSteady
2.Barcelona365.9 SpainIncrease1
3.Manchester United327.0 EnglandDecrease1
4.Bayern Munich289.5 GermanySteady
5.Arsenal263.0 EnglandIncrease1
6.Chelsea242.3 EnglandDecrease1
7.Liverpool217.0 EnglandSteady
8.Juventus203.2 ItalyIncrease3
9.Internazionale196.5 ItalyIncrease1
10.Milan196.5 ItalyDecrease2
11.Hamburger SV146.7 GermanyIncrease4
12.Roma146.4 ItalyDecrease3
13.Lyon139.6 FranceDecrease1
14.Marseille133.2 FranceIncrease2
15.Tottenham Hotspur132.7 EnglandDecrease1
16.Schalke 04124.5 GermanyDecrease3
17.Werder Bremen114.7 GermanyIncrease>3
18.Borussia Dortmund103.5 GermanyIncrease2
19.Manchester City102.2 EnglandIncrease2
20.Newcastle United101.0 EnglandDecrease3
21.Paris Saint-Germain100.8 France
22.Atlético Madrid100.3 Spain
23.Bordeaux99.8 France
24.VfB Stuttgart99.8 GermanyDecrease6
25.Aston Villa98.9 England
26.Fiorentina94.1 Italy
27.Everton93.5 England
28.Napoli90.1 Italy
29.West Ham United89.3 England
30.Fenerbahçe87.0 TurkeyDecrease11

2007–08

[25]

RankClubRevenue
( million)
Country
1Real Madrid365.8Spain Spain
2.Manchester United324.8England England
3.Barcelona308.8Spain Spain
4.Bayern Munich295.3Germany Germany
5.Chelsea268.9England England
6.Arsenal264.4England England
7.Milan209.5Italy Italy
8.Liverpool207.4[26]England England
9.Roma175.4Italy Italy
10.Internazionale172.9Italy Italy
11.Juventus167.5Italy Italy
12.Lyon155.7France France
13.Schalke 04148.4Germany Germany
14.Tottenham Hotspur145.0England England
15.Hamburger SV127.9Germany Germany
16.Marseille126.8France France
17.Newcastle United125.6England England
18.VfB Stuttgart111.5Germany Germany
19.Fenerbahçe111.3Turkey Turkey
20.Borussia Dortmund107.6[26] Germany
21.Manchester City104.0England England

2006–07

[27]

The total revenue of the 20 richest clubs in the footballing world was over a record €3.73 billion. No side could displace Real Madrid, who remain top of football's financial rankings for the third year running after seeing their revenues leap 20% to €351.8 million during the 2006–07 season.

Manchester United displaced Barcelona in second place, the Spanish club moving down to third. Chelsea's revenue increase sees them return to the top five, into fourth place whilst Arsenal's move to the Emirates Stadium transformed their revenues moving them up to fifth place. This marked the first time any country has had three clubs in the top five of the Money League.

European champions Milan moved up to sixth place while runners-up Liverpool moved two places up to eighth. Italian champions Internazionale moved down two places to 9th while Bayern Munich moved up a spot to seventh. Juventus' relegation into Serie B saw them move nine places down to 12th place.

RankClubRevenue
( million)
Country
1.Real Madrid351.0Spain Spain
2.Manchester United315.2England England
3.Barcelona290.1Spain Spain
4.Chelsea283.0England England
5.Arsenal263.9England England
6.Milan228.7[28]Italy Italy
7.Bayern Munich223.3Germany Germany
8.Liverpool206.5[28]England England
9.Internazionale176.7[28]Italy Italy
10.Tottenham Hotspur153.1England England
11.Roma145.2[28]Italy Italy
12.Juventus141.2[28]Italy Italy
13.Lyon140.6France France
14.Newcastle United129.4England England
15.Hamburger SV120.4Germany Germany
16.Schalke 04114.3Germany Germany
17.Celtic111.8Scotland Scotland
18.Valencia107.6Spain Spain
19.Marseille99.0France France
20.Werder Bremen97.3Germany Germany

2005–06

[29]

The total revenue of the top 20 richest clubs in the world is now over €3.3 billion. Barcelona gained four places in the ranking for this year, making the two richest clubs both from Spain. England has the largest number of clubs in the list. A club from Portugal was added to the list for the first time. Portugal's Benfica is the third club from the Iberian Peninsula among the top 20 in the world, after Spain's Real Madrid and Barcelona.

RankClubRevenue
( million)
Country
1.Real Madrid292.2Spain Spain
2.Barcelona259.1Spain Spain
3.Juventus251.2Italy Italy
4.Manchester United242.6England England
5.Milan238.7Italy Italy
6.Chelsea221.0England England
7.Internazionale206.6Italy Italy
8.Bayern Munich204.7Germany Germany
9.Arsenal192.4England England
10.Liverpool176.0England England
11.Lyon127.7France France
12.Roma127.0Italy Italy
13.Newcastle United124.3England England
14.Schalke 04122.9Germany Germany
15.Tottenham Hotspur107.2England England
16.Hamburger SV101.8Germany Germany
17.Manchester City89.4England England
18.Rangers88.5Scotland Scotland
19.West Ham United86.9England England
20.Benfica85.1Portugal Portugal

2004–05

[30]

In the rankings for the 2004–05 season, Real Madrid longs run at the top. Three clubs that had appeared in the previous season's top twenty (Marseille, Rangers, and Aston Villa) were replaced by Lyon, Everton, and Valencia.

RankClubIncome
( million)
Country
1.Real Madrid275.7Spain Spain
2.Manchester United246.4England England
3.Milan234.0Italy Italy
4.Juventus229.4Italy Italy
5.Chelsea220.8England England
6.Barcelona207.9Spain Spain
7.Bayern Munich189.5Germany Germany
8.Liverpool181.2England England
9.Internazionale177.2Italy Italy
10.Arsenal171.3England England
11.Roma131.8Italy Italy
12.Newcastle United128.9England England
13.Tottenham Hotspur104.5England England
14.Schalke 0497.4Germany Germany
15.Lyon92.9France France
16.Celtic92.7Scotland Scotland
17.Manchester City90.1England England
18.Everton88.8England England
19.Valencia86.6[31]Spain Spain
20.Lazio83.1Italy Italy
21.Rangers81.6Scotland Scotland
22.Borussia Dortmund79.0 Germany
23.Bolton Wanderers78.6England England
24.Bayer Leverkusen78.2Germany Germany
25.Middlesbrough77England England

2003–04

[32]

In the 2003–04 season, five clubs recorded revenues of over €200m with Manchester United once again being ranked as the club with the highest revenue in Europe.

RankClubIncome
( million)
Country
1.Manchester United259.0England England
2.Real Madrid236.0Spain Spain
3.Milan222.3Italy Italy
4.Chelsea217.0England England
5.Juventus215.0Italy Italy
6.Arsenal173.6England England
7.Barcelona169.2Spain Spain
8.Internazionale166.5Italy Italy
9.Bayern Munich166.3Germany Germany
10.Liverpool139.5England England
11.Newcastle United136.6England England
12.Roma108.8Italy Italy
13.Celtic104.2Scotland Scotland
14.Tottenham Hotspur100.1England England
15.Lazio99.4Italy Italy
16.Manchester City93.5England England
17.Schalke 0491.4Germany Germany
18.Marseille88.0France France
19.Rangers86.2Scotland Scotland
20.Aston Villa84.4England England

2002–03

[33]

English clubs dominated the money league for the 2002–03 season, with five Premier League clubs occupying spots in the top 10.

RankClubIncome
( million)
Country
1.Manchester United251.4England England
2.Juventus218.3Italy Italy
3.Milan200.2Italy Italy
4.Real Madrid192.6Spain Spain
5.Bayern Munich162.7Germany Germany
6.Internazionale162.4Italy Italy
7.Arsenal149.6England England
8.Liverpool149.4England England
9.Newcastle United138.9England England
10.Chelsea133.8England England
11.Roma132.4Italy Italy
12.Borussia Dortmund124.0Germany Germany
13.Barcelona123.4Spain Spain
14.Schalke 04118.6Germany Germany
15.Tottenham Hotspur95.6England England
16Leeds United92.0 England England
17.Lazio88.9Italy Italy
18.Celtic87.0Scotland Scotland
19.Lyon84.3France France
20.Valencia80.5Spain Spain

2001–02

[33]

RankClubIncome
( million)
Country
1.Manchester United228.5England England
2.Juventus177.1Italy Italy
3.Bayern Munich176.0Germany Germany
4.Milan158.9Italy Italy
5.Liverpool153.5England England
6.Real Madrid152.0Spain Spain
7.Chelsea143.4England England
8.Arsenal140.6England England
9.Barcelona139.0Spain Spain
10.Roma136.3Italy Italy
11Leeds United125.8 England England
12.Internazionale124.0Italy Italy
13.Newcastle United109.4England England
14.Lazio109.1Italy Italy
15.Borussia Dortmund101.1Germany Germany
16.Tottenham Hotspur100.4England England
17.Celtic87.8Scotland Scotland
18.ParmaItaly Italy
19.West Ham UnitedEngland England
20.Lyon71.9France France

2000–01

[34]

RankClubIncome
( million)
Country
1.Manchester United217.2England England
2.Juventus173.5Italy Italy
3.Bayern Munich173.2Germany Germany
4.Milan164.6Italy Italy
5.Leeds United England England
6.Real Madrid138.2Spain Spain
7.Liverpool137.6England England
8.Lazio125.4Italy Italy
9.Roma123.8Italy Italy
10.Chelsea118.4England England
11.Internazionale112.8Italy Italy
12.Barcelona110Spain Spain
13.Arsenal107England England
14.Newcastle United91England England
15.Hamburger SVGermany Germany
16.Tottenham Hotspur80England England
17.RangersScotland Scotland
18.Sunderland England England
19.ParmaItaly Italy
20.Valencia73Spain Spain

1999–2000

[35]

According to 30 June 2000 exchange rate (£1 = €1.581528)[36]

RankClubIncome
( million)
Country
1.Manchester United185.2England England
2.Real Madrid164.2Spain Spain
3.Bayern Munich145.0Germany Germany
4.Milan142.0Italy Italy
5.Juventus140.0Italy Italy
6.Lazio125.7Italy Italy
7.Chelsea121.5England England
8.Barcelona119.1Spain Spain
9.Internazionale107.7Italy Italy
10.Roma101.5Italy Italy
11.Arsenal97.1England England
12.Borussia Dortmund94.3Germany Germany
13Leeds United90.5 England England
14.Fiorentina85.9Italy Italy
15.Rangers81.9Scotland Scotland
16.Marseille77.7France France
17.Tottenham Hotspur76.1England England
18.Parma75.3Italy Italy
19.Liverpool73.5England England
20.Newcastle United71.5England England

1998–99

[37]


According to 30 June 1999 exchange rate (£1 = €1.523693)[38]

RankClubIncome
( million)
Country
1.Manchester United169.0England England
2.Bayern Munich127.2Germany Germany
3.Real Madrid116.0Spain Spain
4.Chelsea90.1England England
5.Juventus89.1Italy Italy
6.Barcelona84.9Spain Spain
7.Milan82.4Italy Italy
8.Lazio76.2Italy Italy
9.Internazionale74.8Italy Italy
10.Arsenal74.1England England
11.Liverpool69.0England England
12.Newcastle United68.1England England
13.Parma67.7Italy Italy
14.Borussia Dortmund66.9Germany Germany
15.Tottenham Hotspur64.9England England
16.Roma60.0Italy Italy
17Leeds United56.4 England England
18.Rangers55.6Scotland Scotland
19.Aston Villa53.2England England
20.Celtic51.5Scotland Scotland

1997–98

[39]


According to 30 June 1998 exchange rate (£1 = €1.535628)[40]

RankClubIncome
( million)
Country
1.Manchester United135.0England England
2.Real Madrid110.9Spain Spain
3.Bayern Munich100.1Germany Germany
4.Juventus84.9Italy Italy
5.Newcastle United75.6England England
6.Barcelona74.59Spain Spain
7.Milan74.55Italy Italy
8.Internazionale74.0Italy Italy
9.Chelsea72.9England England
10.Liverpool69.9England England
11.Borussia Dortmund63.7Germany Germany
12.Lazio63.1Italy Italy
13.Arsenal62.0England England
14.Parma51.3Italy Italy
15.Paris Saint-Germain50.5 France France
16.Rangers49.9Scotland Scotland
17.Aston Villa48.8England England
18.Tottenham Hotspur47.9England England
19.Roma47.1Italy Italy
20.Leeds United43.5 England England

1996–97

[41]

According to 30 June 1997 exchange rate (£1 = €1.481353)[42]

RankClubIncome
( million)
Country
1.Manchester United130.4England England
2.BarcelonaSpain Spain
3.Real MadridSpain Spain
4.Juventus78.5Italy Italy
5.Bayern MunichGermany Germany
6.MilanItaly Italy
7.Borussia DortmundGermany Germany
8.Newcastle UnitedEngland England
9.LiverpoolEngland England
10.InternazionaleItaly Italy
11.FlamengoBrazil Brazil
12.Atlético MadridSpain Spain
13.Paris Saint-GermainFrance France
14.RangersScotland Scotland
15.RomaItaly Italy
16.Tottenham HotspurEngland England
17.AjaxNetherlands Netherlands
18.ParmaItaly Italy
19.LazioItaly Italy
20.ArsenalEngland England

Summary table: Number of times appearing in Top 10 and Top 20

Clubtimes
in

Top 10

times

inTop 20

Country
Real Madrid2525 Spain
Manchester United2525 England
Bayern Munich2525 Germany
Chelsea2424 England
Barcelona2325 Spain
Liverpool2225 England
Juventus2025 Italy
Arsenal1825 England
Milan1722 Italy
Internazionale1325 Italy
Manchester City1016 England
Paris Saint-Germain1012 France
Tottenham Hotspur525 England
Roma420 Italy
Newcastle United316 England
Lazio39 Italy
Borussia Dortmund119 Germany
Schalke 04118 Germany
Leeds United16 England
Lyon12 France
Atlético Madrid11 Spain
Hamburger SV9 Germany
Marseille8 France
Everton8 England
Rangers7 Scotland
West Ham United7 England
Parma6 Italy
Celtic6 Scotland
Napoli6 Italy
Valencia5 Spain
Zenit Saint Petersburg4 Russia
Aston Villa4 England
Leicester City3 England
Galatasaray3 Turkey
Werder Bremen2 Germany
VfB Stuttgart2 Germany
Fenerbahçe2 Turkey
Fiorentina1 Italy
Southampton1 England
Eintracht Frankfurt1 Germany
Wolverhampton Wanderers1 England
Ajax1 Netherlands
Benfica1 Portugal
Sunderland1 England
Flamengo1Brazil Brazil


Summary table 2000 to 2012: Some teams appearing in Top 10

Club2011–12
( million)
2010–11
( million)
2009–10
( million)
2008–09
( million)
2007–08
( million)
2006–07
( million)
2005–06
( million)
2004–05
( million)
2003–04
( million)
2002–03
( million)
2001–02
( million)
2000–01
( million)
Country
Real Madrid512.6 (1)479.5 (1)438.6 (1)401.4 (1)365.8 (1)351.8 (1)292.2 (1)275.7 (1)236.2 (2)193.7 (4)152.2 (6)138.2 (5)Spain Spain
Barcelona483.0 (2)450.7 (2)398.1 (2)365.9 (2)308.8 (3)291.1 (3)259.1 (2)207.9 (6)169.9 (7)(11+)139.8 (9)(11+)Spain Spain
Manchester United395.9 (3)367.0 (3)349.8 (3)327.0 (3)324.8 (2)315.4 (2)242.6 (4)246.4 (2)259.4 (1)251.2 (1)229.5 (1)217.2 (1)England England
Bayern Munich368.4 (4)321.4 (4)323.0 (4)289.5 (4)295.3 (4)223.7 (7)204.7 (8)189.5 (7)166.4 (9)163.9 (5)176.8 (3)173.2 (3)Germany Germany
Chelsea322.6 (5)249.8 (6)255.9 (6)242.3 (6)268.9 (5)284.4 (4)221.0 (6)220.8 (5)217.5 (4)134.1 (10)143.4 (7)118.4 (9)England England
Arsenal290.3 (6)251.5 (5)274.1 (5)263.0 (5)264.4 (6)264.2 (5)177.4 (9)171.3 (10)174.1 (6)150.1 (7)141.4 (8)(11+)England England
Manchester City285.6 (7)169.6 (12)152.8 (11)101.2 (19)104.0 (20)(21+)89.4 (17)90.1 (17)(11+)(11+)(11+)(11+)England England
Milan256.9 (8)235.1 (7)235.8 (7)196.5 (8)209.5 (8)227.7 (6)238.7 (5)234.0 (3)222.1 (3)200.4 (3)159.1 (4)164.6 (4)Italy Italy
Liverpool233.2 (9)203.3 (9)225.3 (8)217.0 (7)210.9 (7)202.1 (8)176.0 (10)181.2 (8)140.2 (10)149.3 (8)154.6 (5)137.6 (6)England England
Juventus195.4 (10)153.9 (13)205.0 (10)203.2 (8)167.5 (11)145.2 (12)251.2 (3)229.4 (4)215.3 (5)218.8 (2)177.9 (2)173.5 (2)Italy Italy
Internazionale185.9 (12)211.4 (8)224.8 (9)196.5 (9)172.9 (10)195.4 (9)206.6 (7)177.2 (9)167.1 (8)162.5 (6)(11+)112.8 (10)Italy Italy
Schalke 04174.5 (14)202.4 (10)139.8 (16)124.5 (16)148.4 (13)114.3 (16)122.9 (14)97.4 (14)(11+)(11+)(11+)(11+)Germany Germany
Roma115.9 (19)143.5 (15)122.7 (18)146.4 (10)175.4 (9)157.7 (10)127.0 (12)131.8 (11)(11+)(11+)136.8 (10)123.8 (8)Italy Italy

Annual Review of Football Finance 2011

Record growth in Europe's top five leagues boosted revenue in the continent's football industry by 4 percent to an all-time high of 16.3 billion euros (£13.7 billion/$23.8 billion) in 2009-10. The "Big Five" had total revenue of 8.4 billion euros, a 5 percent increase over 2008-09, according to Deloitte.[43]

RankLeagueRevenue
( billion)[44]
Country
1.Premier League2.479 England
2.Bundesliga1.664Germany Germany
3.La Liga1.622Spain Spain
4.Serie A1.532Italy Italy
5.Ligue 11.072France France

In addition to that a total of €754.1m was distributed to clubs participating in the 2008–09 UEFA Champions League, with the two finalists, Barcelona and Manchester United, receiving the largest amounts. Barcelona's triumphant run to the title at Wembley in May earned them a total of €51m. Despite the loss, Manchester United got even more €53m.[45]

See also

References

External links