Skip to main content

Real Madrid top soccer's rich list as Manchester United drop out of top three

January 23, 2014 -- Updated 2118 GMT (0518 HKT)
For the ninth straight year Real Madrid are ranked as the world's richest club with a total revenue of $702 million. Their global reach allows the Spanish club to make millions in commercial revenue, both domestically and internationally, thanks to marketable stars like Cristiano Ronaldo -- recently crowned the world's best player. For the ninth straight year Real Madrid are ranked as the world's richest club with a total revenue of $702 million. Their global reach allows the Spanish club to make millions in commercial revenue, both domestically and internationally, thanks to marketable stars like Cristiano Ronaldo -- recently crowned the world's best player.
HIDE CAPTION
Football's Rich List: 1. Real Madrid
2. Barcelona
3. Bayern Munich
4. Manchester United
5. Paris Saint-Germain
6. Manchester City
7. Chelsea
8. Arsenal
9. Juventus
10. AC Milan
11. Borussia Dortmund
12. Liverpool
13. Schalke 04
14. Tottenham Hotspur
15. Internazionale
16. Galatasaray
17. Hamburg SV
18. Fenerbahce
19. AS Roma
20. Atletico Madrid
<<
<
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
>
>>
STORY HIGHLIGHTS
  • Spanish giants Real Madrid sit top of soccer's rich list for a record ninth consecutive year
  • English champions Manchester United slip out of top three for the first time in 17 years
  • German and European champs Bayern Munich move third in Deloitte's table
  • Barcelona are second while French champions PSG move into the top five for first time

Follow us at @WorldSportCNN and like us on Facebook

London (CNN) -- Not only are Manchester United's fortunes sliding on the pitch, their fortune could also be dwindling off it.

Despite seeing a rise in revenue to $574 million, for the first time in 17 years they can no longer count themselves among the top three richest football clubs in the world.

For an organization that once spent eight years on top of the annual money table -- compiled by business advisory firm Deloitte -- it represents a financial blow for one of soccer's most decorated clubs.

Spanish giants Real Madrid came top for a record ninth consecutive year -- despite winning no silverware last season -- with a total revenue of $702 million, $47 million ahead of domestic rivals Barcelona in second.

Read: Man Utd slump to cup defeat

Combined revenue for the top 20 clubs -- of all whom play in Europe -- was up 8% to $7.3 billion.

Gerard Pique: Shakira is on my iPod
Footballer fights back after cancer
Looking back at 150 years of soccer

German champions Bayern Munich, who also won the European Champions League, have usurped Manchester United, who have also seen their share price plummet since long-standing manager Alex Ferguson left at the end of last season.

The Scot delivered an unprecedented 13 English Premier League titles and two European Champions League crowns during his near 27-year reign, but under new manager David Moyes the team has struggled.

They currently sit seventh in the table, 14 points behind leaders Arsenal, and were knocked out of the FA Cup -- England's premier cup competition -- by Swansea and the League Cup by Sunderland.

They have qualified for the knockout phase of the Champions League though, facing Greek side Olympiakos in the last 16.

Their performances have seen confidence on the stock market evaporate, the club's share price having fallen 16% since Moyes took over, wiping an estimated $500 million off their value.

But with a raft of commercial deals having been secured in recent seasons -- the club even having official partners in the noodle and paint sectors -- Deloitte's Austin Houlihan says the club can bounce back next year.

"Whilst Manchester United drop one place in the Money League, a number of the club's recent commercial deals will boost revenue in 2013/14, so this fall to fourth place may only be temporary," he said.

"These deals, combined with the impact of the improved three year Premier League broadcast deals from 2013/14, mean they are likely to get close to the €500 million ($677 million) revenue mark in next year's Money League.

Consistent qualification for the Champions League is key in Man Utd challenging to regain top spot in the Money League, a position it last held in 2003/04
Austin Houlihan, Deloitte

"Beyond 2013/14, consistent qualification for the Champions League is key in United challenging to regain top spot in the Money League, a position it last held in 2003/04."

In contrast to Manchester United, the financial juggernaut that is Real Madrid shows no signs of slowing.

They have consistently been beaten to the Spanish league title by Barcelona in recent years and are without a Champions League triumph for over a decade, but Real have topped the rich list for a record ninth consecutive year.

Their revenue was up $8.5 million on last year, underpinned by a 4% rise in commercial revenue to $286.7 million, and 3% in broadcast revenue to $255.1 million.

Dan Jones from Deloitte said: "Despite tough economic conditions, particularly within Spain, the club's ability to generate substantial commercial revenue both domestically and internationally is central to their success.

"This helped widen the gap to their nearest rivals in the Money League, FC Barcelona, to $48.7 million.

"Both Spanish clubs enjoy substantial revenue from individually negotiated broadcast deals, which is key in contributing to their overall revenue advantage over their European peers."

Bayern's place in the top three reflects their all-conquering performance on the pitch. The Bavarians won five trophies in 2013, adding the UEFA Supercup and the FIFA Club World Cup to their two domestic trophies, and their Champions League triumph in 12 years.

Helped by a record Bundesliga broadcast deal, Bayern recorded a 17% growth in revenue to hit $585 million.

Police tackles football betting scandal
Quest: Why should sports clubs be exempt?
Soccer fans set rival stadium ablaze

The highest climbers in the list are French champions Paris Saint-Germain, who nudged their way into the top five after almost quadrupling their revenue since the 20120/11 season.

They also recorded the highest ever single revenue source with a commercial revenue of $345 million. PSG, with Sweden star Zlatan Ibrahimovic in their ranks, were taken over by the Qatari Investment Authority in 2011.

"PSG are the country's sole representative in this year's top 20. We expect to see them become a mainstay in the top five in years to come, backed by their ambitious Qatari owners and strong commercial support," Houlihan added.

"The high-profile signing of David Beckham in the second half of the 2012/13 season only served to enhance the club's worldwide profile.

"Importantly, commercial success off the pitch is translating into improved on-pitch performance for the club, including winning their first French title in 19 years."

Elsewhere, Manchester City -- owned by Sheikh Mansour bin Zayed al Nahyan from Abu Dhabi -- have overhauled fellow English clubs Arsenal and Chelsea to be ranked sixth in the list, while Liverpool dropped out of the top ten for the first time since 1999/2000.

Liverpool are five-time European champions but haven't qualified for the continent's most lucrative club competition since 2009. Despite that, they saw revenue grow by 9% and might shoot up the list next season thanks to a record TV deal for English clubs.

Turkish clubs Galatasaray and Fenerbahce force their way into the rich list, making it the first time since 2005/06 that two clubs outside the recognized big five league in Europe -- Spain, Italy, Germany, England and France -- have appeared in the top 20.

ADVERTISEMENT
Part of complete coverage on
December 16, 2014 -- Updated 1123 GMT (1923 HKT)
After 20 years, more than 300 goals and a host of major honors, Thierry Henry has called time on his glittering football career.
December 19, 2014 -- Updated 1014 GMT (1814 HKT)
They do things differently at Sociedad Deportiva Eibar, up in the mist-cloaked valleys of the Basque country. And it is working.
December 10, 2014 -- Updated 1353 GMT (2153 HKT)
He might be struggling to score goals for Liverpool, but Mario Balotelli's cheeky tweet about the British monarch hit the spot during the World Cup.
October 28, 2014 -- Updated 1253 GMT (2053 HKT)
How Real Madrid's new stadium will look
They splash the cash on the world's best players, now Real Madrid are giving the Bernabeu the same treatment with a bling makeover.
October 27, 2014 -- Updated 1309 GMT (2109 HKT)
Football world mourns South African captain Senzo Meyiwa who was shot and killed during a botched robbery in a township near Johannesburg.
October 21, 2014 -- Updated 1348 GMT (2148 HKT)
A man as a Roman centurion and who earn his living by posing with tourists gestures in front of the Colosseum during a protest where some of his colleagues climbed on the monument on April 12, 2012 in Rome. The costumed centurions are asking for the right to work there after they were banned following a decision by local authorities.
From the ancient ruins of Rome, a new empire rises. But the eyes of the city's newest gladiator light up at thoughts of the Colosseum.
October 21, 2014 -- Updated 1622 GMT (0022 HKT)
Once part of Germany's largest Jewish sports club, now he's the first ISIS suspect to stand trial in a country left shocked by his alleged radicalization.
October 17, 2014 -- Updated 1411 GMT (2211 HKT)
One goal in eight matches for new club Liverpool, and dumped by the Italian national team -- Mario Balotelli has yet to shine on his English return.
October 18, 2014 -- Updated 1819 GMT (0219 HKT)
Ched Evans smiles during the Wales training session ahead of their UEFA EURO 2012 qualifier against England on March 25, 2011 in Cardiff, Wales.
Should a convicted rapist, who has served their time in prison, be allowed to resume their old job? What if that job was as a high-profile football player?
October 16, 2014 -- Updated 1247 GMT (2047 HKT)
After 10 years of golden glory, it's easy to see how Lionel Messi has taken his place among the football gods.
October 16, 2014 -- Updated 1034 GMT (1834 HKT)
A football fan wipes a tear after Inter Milan's Argentinian defender Javier Zanetti has greeted fans following the announcement of his retirement before the start of the Italian seria A football match Inter Milan vs Lazio, on May 10, 2014, in San Siro Stadium In Milan
When will the tears stop? A leading Italian football club is pursuing a new direction -- under the guidance of its new Indonesian owner.
October 13, 2014 -- Updated 2241 GMT (0641 HKT)
Norwegian 15-year-old Martin Odegaard is the youngest player ever to feature in a European Championships qualifying match.
October 10, 2014 -- Updated 1310 GMT (2110 HKT)
After revolutionizing cricket with its glitzy Twenty20 league, India has now thrown large sums of money at a new football venture.
October 2, 2014 -- Updated 1453 GMT (2253 HKT)
Get ruthless. That is Rio Ferdinand's message to soccer's authorities in the fight to tackle the scourge of racism.
September 10, 2014 -- Updated 1328 GMT (2128 HKT)
A picture taken on May 16, 2014 shows 15-year-old Norwegian footballer Martin Oedegaard of club Stroemsgodset IF cheering during a match in Drammen, Norway. Oedegaard is set to become Norways youngest player ever in the national football team.
He's just 15 and the world is seemingly already at his feet. Norway's Martin Odegaard is being sought by Europe's top clubs.
ADVERTISEMENT