New Delhi: Real Madrid has been named the world’s richest football club in the latest Deloitte Football Money League report. The Spanish giants recorded over €1 billion in revenue for the 2023/24 season, becoming the first club ever to achieve this milestone. This staggering sum, equivalent to £883 million, reflects their dominance both on and off the pitch.
The club’s financial success was bolstered by a brilliant campaign, with England star Jude Bellingham playing a key role. Real Madrid lifted both the Champions League trophy and the La Liga title, securing large sums in prize money and broadcasting rights.
But how do football clubs like Real Madrid earn so much money? And which other teams made the top 10 list? Let’s break it down.
How do football clubs rake in millions?
Taylor Swift takes the stage during ‘The Eras Tour’ at Santiago Bernabéu Stadium in Madrid, Spain. #MadridTStheErasTour pic.twitter.com/rrA4RiBxJe
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Football clubs earn money from various streams. Matchday revenue, including ticket sales and premium hospitality experiences, forms a significant part of their income. Clubs with state-of-the-art stadiums can also host non-football events, such as music concerts and other sports, to increase earnings.
For instance, Tottenham Hotspur’s stadium hosted Beyonce’s concerts and two NFL games in 2023, adding to their revenue. Clubs also benefit greatly from broadcasting deals, especially in leagues like the Premier League, which has lucrative global rights.
Participation in multiple tournaments, like the Champions League, allows clubs to earn more from ticket sales and live TV rights. Merchandise sales, sponsorships, and commercial partnerships further contribute to the financial coffers.
Top 10 richest football clubs for 2023/24
English clubs dominate the top 10, with Manchester City leading the Premier League contingent after generating £708 million (€838m). Their success in winning the Premier League, Club World Cup, and European Super Cup played a huge role.
Here’s the full list of the top 10 richest clubs:
| Rank | Club | Revenue (€) | Revenue (£) |
|---|---|---|---|
| 1 | Real Madrid | 1.46bn | £883m |
| 2 | Manchester City | 838m | £708m |
| 3 | Paris Saint-Germain | 806m | £681m |
| 4 | Manchester United | 771m | £651.5m |
| 5 | Bayern Munich | 765m | £646.5m |
| 6 | Barcelona | 760m | £642m |
| 7 | Arsenal | 717m | £606m |
| 8 | Liverpool | 715m | £604m |
| 9 | Tottenham Hotspur | 615m | £520m |
| 10 | Chelsea | 546m | £461.5m |
Barcelona retained their dominance in the women’s game, leading the earnings chart for a third consecutive year. They generated £15.1 million, with Arsenal following as England’s top earners. Clubs like Arsenal boosted revenues by moving games to larger stadiums, drawing in more fans and increasing ticket sales.
English clubs’ presence across both men’s and women’s rankings highlights the power of the Premier League’s global appeal and commercial strength.
The 2023/24 Football Money League features Real Madrid, Man City, PSG, and Arsenal in the top 10. English clubs dominate, showcasing the Premier League’s lucrative broadcasting and commercial deals. Football Sports News: Latest Cricket News, Cricket Live Score, Sports Breaking News from Sports Today
