Liverpool has become the Premier League's top-earning club for the first time, according to financial analysis by Deloitte. Following their victory in the English top-flight last season, the Reds generated 836 million euros (£702 million), surpassing all other English teams in revenue.
Manchester United experienced their lowest-ever ranking in the 29th edition of the Deloitte Football Money League. In contrast, Real Madrid topped the global list with a revenue of 1.2 billion euros (£1.01 billion), even without securing the Champions League or La Liga titles last season.
Barcelona returned to the top three for the first time since the 2019-20 season, achieving second place with 975 million euros (£819 million) despite stadium renovations forcing them to play away from the Nou Camp. Bayern Munich ranked third with 861 million euros (£723 million), while Champions League winners Paris St-Germain were fourth, earning 837 million euros (£703 million). Liverpool secured the fifth spot.
Manchester City's revenue decreased, moving them from second to sixth place with 829 million euros (£697 million). Manchester United, finishing 15th in the Premier League and losing to Tottenham in the Europa League final, dropped from fourth to eighth, claiming 793 million euros (£666 million). Historically dominant, United has led the money league 10 times, most recently in 2017. Their current season may face financial challenges due to absence from European competitions and early domestic cup exits.
Tim Bridge, lead partner of Deloitte Sports Business Group, noted the shift in Manchester United's previously unparalleled matchday and commercial revenue dominance.
Among the top 10, six are English clubs, with Arsenal at seventh (822 million euros, £690 million), Tottenham ninth (673 million euros, £565 million), and Chelsea rounding out the top 10 with 584 million euros (£491 million). Other English clubs in the top 20 include Aston Villa at 14th, Newcastle United 17th, and West Ham United in 20th place.