Thursday, August 27, 2026
The FOS App Launches September 1 Pre-save on the App Store Today

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

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

UEFA Takes FIFA, Kushner Company to Court Over World Cup Scheme

The battle between FIFA and UEFA is heading to court.
Mark Walter, CEO of Guggenheim Partners, speaks during a reception hosted by U.S. President Donald Trump for the reigning Major League Baseball (MLB) World Series champion Los Angeles Dodgers in the Rose Garden at the White House, Washington, D.C., U.S., July 23, 2026.

Walter’s Company Says There’s No Fraud, No Victim, and No Fire Sale

TWG Global insists the Dodgers are not up for grabs.

Europe Set to Drop FIFA Boycott Ahead of Women’s U-20 World Cup

The tournament was set to be the first hit by the boycott.
Exclusive

NWSL’s Stars Will Return to Northwestern Lakeside Stadium

The NWSL club originally sought to play in the new Ryan Field.
podcast thumbnail mobile
Front Office Sports Today

8/27/26 – NFL Pro Bowl Eliminated, Walter Not Selling Dodgers, Jordan Skips NBC

0:00

Featured Today

Deshaun Watson Has Done the Impossible: Unite Browns Fans

Watson was named the starter after complaining boos were “personal.”
August 23, 2026

Dan Snyder ‘Invisible’ in NFL Three Years After Commanders Sale

Snyder has had little to no contact with former NFL associates.
Soccer Football - Premier League - Arsenal v Burnley - Emirates Stadium, London, Britain - May 18, 2026 Arsenal's Kai Havertz scores their first goal past Burnley's Max Weiss
August 21, 2026

Why the Premier League’s Star-Power Shortage Doesn’t Matter

The world’s richest soccer league doesn’t rely on big stars to dominate.
August 12, 2026

Trendy Golf Hat Divide Is More Than a Fashion Fight

As golf has gotten trendier, so has the sport’s style.
Joey Spallina of the Maryland Whipsnakes
August 6, 2026

How Eye Black Became ‘War Paint’ on the Field

“You’re going into battle, doing something you only do on game days.”
Aug 23, 2025; Atlanta, Georgia, USA; A detailed view of the FedExCup Trophy before the third round of the TOUR Championship golf tournament

Good Good Golf Fallout Is Talk of Tour Championship

Major questions still remain for the brand and its partners.
Exclusive
August 27, 2026

Union Head: NBA Players Have ‘Serious Problem’ With NBA Europe

Kelly also said the union is “no fan” of the second apron.
Feb 2, 2026; San Francisco, CA, USA; Los Angeles Rams linebackers Byron Young (0) and Jared Verse (8) pose during NFC practice at the NFL Flag Fieldhouse at Moscone Center South Building. Mandatory Credit: Kirby Lee-Imagn Images
August 27, 2026

TV Ratings Help Explain Why the NFL Killed the Pro Bowl

Average viewership fell by 57% in one year and 70% in four years.
Sponsored

Kerri Walsh Jennings’s Playbook for the Future of Volleyball

The former gold medalist talks NCAA, the Olympics, & investing in volleyball.
August 26, 2026

NFL Owners Remain Confident About Roger Goodell Extension

The owners did not discuss it Wednesday during their meeting.
August 26, 2026

Jed York Absent From NFL Owners’ Meeting

49ers CEO Al Guido was the team’s primary representative.
August 26, 2026

NFL Eliminates Pro Bowl Game, Adds Player-Accountability System

Pro Bowl selections will still be made.
August 26, 2026

Another LIV Vendor Ramps Up Legal Fight As Layoffs Hit League

Deltatre, a sports technology service provider, is suing LIV.