• Loading stock data...
Saturday, February 21, 2026

European Soccer Clubs Battle for Billions Off the Pitch

  • Real Madrid tops the most recent Deloitte Football Money League.
  • The Spanish side brought in just over $900 million in revenue last season.
Kevin Jairaj-USA TODAY Sports

Manchester City is the clear betting favorite to capture this year’s UEFA Champions League trophy, but Spanish rival Real Madrid is the new king of the most prestigious financial ranking of soccer clubs around the world. 

Real Madrid brought in $901 million in revenue during the 2022-23 season, more than any other club in the world, according to findings in the 2024 Deloitte Football Money League report. Manchester City, which topped last year’s list, brought in $895 million. Rounding out the top five:

  • Real Madrid: $901 million
  • Manchester City: $895 million
  • Paris Saint-Germain: $869 million
  • Barcelona: $867 million
  • Manchester United: $808 million

In its report, which listed the top 30 revenue-generating teams globally, Deloitte indicated that clubs from the U.S. and Brazil are catching up to their European counterparts. Inter Miami, which did not make the list, has publicly set a revenue goal of $200 million for 2024. Hitting that mark would place them at No. 29 on the current list. This year’s 30th-ranked club, Everton, brought in $214 million.

Money Talks

On the women’s side, several familiar names dominate the list, which isn’t a complete snapshot given that clubs from the U.S., Australia, Japan, Norway, and Sweden did not provide Deloitte with revenue figures. From the top:

  • Barcelona: $14.5 million
  • Manchester United: $8.7 million
  • Real Madrid: $8 million
  • Manchester City: $5.75 million
  • Arsenal: $5.75 million

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

[Subscription Customers Only] Jul 13, 2025; East Rutherford, New Jersey, USA; Chelsea FC midfielder Cole Palmer (10) celebrates winning the final of the 2025 FIFA Club World Cup at MetLife Stadium

Soccer’s ‘Crown Jewels’ Are Devouring Smaller Clubs

Mega conglomerates are feeding a big business machine. Fans are furious.
Dec 6, 2025; Fort Lauderdale, Florida, USA; Inter Miami forward Lionel Messi (10) looks on with the Philip F. Anschutz trophy after winning the 2025 MLS Cup against the Vancouver Whitecaps FC at Chase Stadium.

MLS Stadium Construction Boom Shows No Sign of Slowing

Inter Miami will move into a new venue in April.
Feb 15, 2026; Inglewood, California, USA; eam World forward Giannis Antetokounmpo (34) of the Milwaukee Bucks looks on in-between games during the 75th NBA All Star Game at Intuit Dome.

How Alexis Ohanian Became Giannis’s Sports Investment Whisperer

“It all started with a DM from Thanasis,” Ohanian tells FOS.

LA28 Stands by Casey Wasserman After Reviewing Epstein Ties

Abby Wambach and Chappell Roan have left Wasserman this week.

Featured Today

Feb 10, 2026; Cortina d'Ampezzo, Italy; Cory Thiesse and Korey Dropkin of the United States during the curling mixed doubles gold medal game during the Milano Cortina 2026 Olympic Winter Games at Cortina Curling Olympic Stadium

Curling Clubs Are Swept Up in Olympics Fever. Can It Last?

Every four years, organizations field an influx of curling-curious patrons.
Max Valverde by Ron Winsett
February 17, 2026

How Ski Mountaineering’s Hype Man Went From TikTok to NBC

Max Valverde’s gushing over the niche sport vaulted him to Olympic broadcaster.
Feb 11, 2026; Livigno, Italy; Jaelin Kauf of the United States during freestyle skiing women's moguls final during the Milano Cortina 2026 Olympic Winter Games at Livigno Aerials & Moguls Park
February 13, 2026

The Surprise Hit of the Winter Olympics: First-Person Drone Views

Tiny drone cameras have reshaped the Olympics viewing experience.
Feb 11, 2026; Milan, Italy; Madison Chock and Evan Bates of the United States skate during the Milano Cortina 2026 Olympic Winter Games at Milano Ice Skating Arena.
February 13, 2026

Olympic Figure Skaters Pay Out of Pocket for $9,000 Costumes

For four minutes on ice, stakes are high—and prices even higher.
A'ja Wilson
exclusive

WNBA Proposes Same Salary Cap in New CBA Offer

The league did offer players slightly better terms on housing.
Jan 6, 2026; Indianapolis, Indiana, USA; Indiana Pacers forward Pascal Siakam (43) holds the ball while Cleveland Cavaliers forward/guard De'andre Hunter (12) defends in the first half at Gainbridge Fieldhouse.
February 20, 2026

NBA Gets Serious About Anti-Tanking Measures

There is a growing push to have reforms in place for next season.
Sep 28, 2025; Phoenix, Arizona, USA; Minnesota Lynx forward Alanna Smith (8) scores on Phoenix Mercury forward Kathryn Westbeld (24) and forward Alyssa Thomas (25) in the second half during game four of the second round for the 2025 WNBA Playoffs at PHX Arena.
February 21, 2026

Are the WNBA’s 9-Figure Losses What They Seem?

The WNBA claims the union’s proposal would cause massive losses.
Sponsored

From MLS to AUSL: Jon Patricof on Building Sports Leagues

Jon Patricof on athlete equity, fan-first strategy, and how women’s sports can reshape the future of league building.
Nov 1, 2025; Toronto, Ontario, CAN; Los Angeles Dodgers first baseman Freddie Freeman (5) reacts with third baseman Max Muncy (13) after defeating the Toronto Blue Jays in the eleventh inning for game seven of the 2025 MLB World Series at Rogers Centre.
February 20, 2026

New MLBPA Leader, Same Stance on Salary Caps

The union’s leadership change has brought no shift in core beliefs.
Sep 28, 2025; Bethpage, New York, USA; The crowd drinks champagne in the celebration for Europe winning the Ryder Cup at Bethpage Black. Mandatory Credit: Dennis Schneidler-Imagn Images
February 20, 2026

PGA of America Blunts President’s Power After Ryder Cup Backlash

The move continues a leadership shake-up for the organization.
Jon Patricof
February 20, 2026

How the Pandemic Created a Perfect Storm for Athletes Unlimited

Women’s sports have seen a massive uptick in popularity since the pandemic.
February 20, 2026

Alexis Ohanian Backs Nelly Korda’s WTGL Criticism: ‘Great Point’

Ohanian supports Korda’s call for integrated men’s and women’s teams.