Redaction Willow Austin with
Published on 2024-01-25 08:40:55
The latest Deloitte Football Money League rankings show that Liverpool, Manchester United, and Manchester City have all fallen down the list, while clubs from continental Europe have made gains. Liverpool experienced the most significant drop, moving from third place to seventh, with slightly decreased revenue from £594.3million to £593.8m. This decline was attributed to the club’s on-field performance, finishing fifth in the Premier League and exiting the Champions League in the last 16.
Manchester United dropped one place to fifth, despite an increase in revenue compared to the previous season. Meanwhile, treble winners Manchester City were overtaken by Real Madrid and now sit in second place, despite achieving a record Premier League revenue figure.
The report, which looks at revenue figures from the 2022-23 season, saw Tottenham climb to eighth place, while Chelsea dropped to ninth and Arsenal clung onto tenth position. Real Madrid led the way with revenue of £723m, showcasing their success within European football’s current ecosystem. Paris St Germain entered the top three for the first time, and Barcelona moved up three places to seventh with a revenue figure of £696m.
Tim Bridge, the lead partner in Deloitte’s Sports Business Group, explained that Real Madrid and Barcelona’s revenue figures are a result of direct changes they have made to their business model, such as stadium redevelopment and increased control over merchandising and licensing. He also emphasized that significant domestic growth in media rights for the Premier League may be over, shifting the focus to the international market.
The top 20 clubs collectively earned 10.5billion euros (£9bn) collectively, a 14 per cent increase on the previous season. Additionally, Barcelona Femeni emerged as the top-earning women’s club in the world, with a 74 per cent rise in revenue to £11.6m. The report highlights the shifting dynamics of football finance and the growing influence of European clubs in the global market.
Read Original article on Football365
- £100m player Man City wanted to sign in the summer has shown how good he is this season
- Journalist says Man City could launch double transfer swoop for Bundesliga stars
- What the Bayern Munich president has now said about Jamal Musiala amid Man City transfer interest
- Phil Foden has now backed Kevin De Bruyne to do something special for Man City
- Morgan Rogers sends four-word message to Man City’s James McAtee after England U-21 thrashed Austria U-21
- Cristiano Ronaldo shares his honest verdict on whether Man City’s Erling Haaland can win the Ballon d’Or
- Man City hoping 2025 transfer swoop for ‘exceptional’ player will convince Pep Guardiola to stay
- Pundit shares his feelings on why Man City’s Kevin De Bruyne will find his Belgium side ‘very frustrating’
- Gerard Pique Makes Champions League Predictions About City, Liverpool And Arsenal
- “We Want To Try Everything To Keep Him”
