Manchester United narrowly pipped Real Madrid to remain the top revenue-generating club in the world as Premier League sides underlined their growing financial clout, Deloitte's "Money League" report said yesterday. Bayern Munich and Manchester City make up the remainder of the Money League top five. Their success led to the club generating €674.6m (£579.7m) of revenue, though it was not enough to surpass United as the richest club.
United's win in the Europa League final was "critical in the club topping our list for a 10th time", accountancy firm Deloitte said.
For clubs to make it into the top 20, they must achieve revenues of approximately €200m (£175.6m) - a 16% increase on past year and double the amount required in the 2010 edition of the Money League.
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That Liverpool maintained their position in the table in a season without European football, with the rest of the top 10 competing in either the Champions League or the Europa League, is a positive.
The English teams are joined by some of the biggest clubs from Spain, Germany, France, Italy, Russia and Portugal.
"United's ability to retain first position is all the more impressive against the backdrop of the weakened pound against the euro, and with both Real Madrid and Barcelona forecasting further revenue growth in 2017/18, the battle at the top will likely come down to on-pitch performance again next year".
The list only looks at revenues accrued and does not take into account club debts.