Real Madrid: World's Richest Football Club Ahead Of Barcelona  

MADRID (SPAIN ) — Real Madrid have displaced Manchester United as the world's richest football club af­ter posting record revenues dur­ing the 2017-18 season.

Bolstered by their third straight Champions League title last season, Spanish club Real Madrid generated 750.9 million euros ($852m) in revenue, ac­cording to the annual Football Money League report published by professional service company Deloitte on Thursday. It's their 12th time atop the rankings, which are in their 22nd year, and their first since 2014-2015.

Dan Jones, head of the Sports Business Group at Deloitte, said: "Real Madrid's outstanding fi­nancial performance in 2017-18 is built on their long history of success on the pitch, most re­cently three consecutive Cham­pions League titles.

"This has enabled the club to continue to drive commercial revenue as the appetite to part­ner with Europe's most successful clubs remains stronger than ever."

The rankings are based on clubs' match-day revenues, broadcast­ing money and commercial deals during the 2017-2018 season. What is most striking about De­loitte Money League is Everton, 17th in the world, Newcastle 19th. What are they actually doing with all that money? Barcelona (690.4 million euros) climbed up to second with Manchester United, who were top for the past two seasons, dropping to third.

German champions Bayern Munich are fourth ahead of English kingpins Manchester City and French titleholders Paris Saint-Germain. Liverpool, Chelsea, Arsenal and Tottenham Hotspur follow, giving the Pre­mier League six of the top 10 teams. The top 220 clubs gener­ated a record 8.3 billion euros ($9.4bn) of combined revenue in 2017-2018, an increase of six percent on the previous year, Deloitte said.

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