Bayern 3rd, Arsenal 7th, Juventus 16th - Which clubs made most revenue in 24/25 season?

Top 20 clubs revealed 

In a time where off the pitch performance matters almost as much as results on it, the global elite of club football have once again flexed their financial muscles. The latest Deloitte Football Money League - the benchmark of commercial success across the sport - has revealed the top 20 clubs that generated the most revenue across the 2024/25 season. Showcasing how powerhouses from Spain to England and Germany continue to turn fandom into formidable financial performance. Overall, the revenue of the top 20 clubs went up by 11% to a record €12.4 billion.

Commercial revenues went up to €5.3b from €4.9b in an increase "driven by a shift in clubs' business models focusing on the increased use of stadiums and surrounding areas on non-matchdays, an increase in sponsorship revenue, and improved retail performance". The expanded Fifa Club World Cup, which took place in the United States last summer, helped broadcast revenue go up by 10%. Topping the list, perhaps unsurprisingly, are Spanish giants Real Madrid. After becoming the first football club to generate €1 billion during the 2023/24 season, Los Blancos again surpassed that figure, generating close to €1.2b during the 2024/25 campaign.

They are followed by El Clásico rivals Barcelona, who recorded €975m in revenue. Bundesliga giants Bayern Munich (€861m) and Champions League winners Paris Saint-Germain (€837m) come next, with Premier League winners Liverpool (€836m) being England's first representatives in fifth. Meanwhile, Manchester United fell to their lowest ever position in what is the 29th edition of the Deloitte Football Money League. Overall, as many as nine Premier League teams feature in the top 20, including Newcastle and West Ham, highlighting the division's financial power.