Real Madrid usurps Manchester United as world’s richest club | Daily News

Real Madrid usurps Manchester United as world’s richest club

Real Madrid top the rich list for a record 12th time.
Real Madrid top the rich list for a record 12th time.

Real Madrid may be struggling on the pitch this season but they’ve certainly had better luck off it.

The Spanish giant, currently third in La Liga, has overtaken Manchester United in the world’s football rich list, with record revenues of $852.9 million.

It becomes the only club to top the lucrative table on 12 separate occasions, off the back of its third consecutive UEFA Champions League title last year.

According to Deloitte’s Football League, Manchester United has slipped to third in the overall rankings -- generating $756.5 million -- allowing Barcelona to make it a one-two for Spanish clubs.

Despite average attendance at the Camp Nou dropping last season, Ernesto Valverde’s side was able to grow due to new sponsorship deals and its La Liga title success -- generating $783.6 million.

There’s no sign of football’s financial boom slowing down. The highest 20 clubs generated a combined total of $8.41 billion, a 6% increase from the last edition. Yet again, only clubs from Europe’s top five leagues make the top 20. The positions are ranked on clubs’ ability to generate revenue from matchday sales, broadcast rights, and commercial sources -- based on the 2017/18 season.

ENGLISH DOMINANCE SET TO END

A record six English clubs are in this edition’s top 10, demonstrating the global power of the English Premier League.

Manchester City remains fifth following their record-breaking title win last season, whilst their title rivals Liverpool climb from ninth to seventh.

Chelsea and Arsenal stay eighth and ninth respectively. Tottenham Hotspur has crept into the top 10 for only the second time in history -- overtaking Cristiano Ronaldo’s Juventus.

Despite this year’s dominance, Deloitte has warned that English clubs may struggle to keep their places next year after the Premier League failed to deliver a substantial increase in overall broadcast rights values.

It said English clubs will have to rely more heavily on their own ability to generate matchday revenue with Europe’s other leagues threatening to overtake them.

 


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