Monday, July 20, 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

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

Soccer - Copa Libertadores - Final - Atletico Mineiro v Botafogo - Estadio Mas Monumental, Buenos Aires, Argentina - November 30, 2024 Botafogo owner John Textor celebrates with the trophy after winning the Copa Libertadores

John Textor Seeks $400M From Michele Kang in Lyon Takeover Suit

Textor claims Kang convinced him to give up control of Lyon while plotting to oust him.
Soccer Football - Serie A - AC Milan v Hellas Verona - San Siro, Milan, Italy - December 28, 2025 Former footballer Zlatan Ibrahimovic before the match REUTERS/Daniele Mascolo

After Breakout World Cup, Zlatan Leaves Fox With Leverage

The former striker said his Fox Sports stint was one-and-done.

FIFA Caps World Cup With Glitzy, Star-Powered Final

Trump once again ignored Infantino and got in the trophy lift photo.

Spain Beats Argentina in Extra Time to Win Its Second World Cup

Spain wins the World Cup after breaking through against Argentina in extra time.
podcast thumbnail mobile
Front Office Sports Today

CFB Analyst ⁨Josh Pate⁩ on Michigan Chaos, ESPN, McAfee, the Trump Interview, & More

0:00

Featured Today

Tom's Watch Bar

Sports Bars Are Cashing In From Summer of Soccer

The World Cup has brought a windfall to America’s biggest sports bars.
Jun 16, 2026; East Rutherford, New Jersey, USA; France forward Michael Olise (11) controls the ball against Senegal during a Group I match of the 2026 FIFA World Cup at New York New Jersey Stadium
July 16, 2026

Where World Cup Stars Go to Customize Their Cleats

The world’s best players turn to a Scottish craftsman for perfect cleats.
July 10, 2026

What the World Cup Means to Erling Haaland’s Tiny Hometown

The tournament’s breakout star is from a rural Norwegian town.
July 10, 2026

Why So Many Media Outlets Are Rushing Into Sports

Sports coverage has ballooned in every corner of media.
Pillow Fight Championship
July 8, 2026

How Obscure Sports Get Mainstream TV Deals

For niche sports, getting on TV often matters more than getting paid.

LIV Golf Returns After 47-Day Break, Facing $1.1M Lawsuit

A former technology partner is suing LIV Golf.
July 20, 2026

NFLPA Uses World Cup Final to Renew Push for Grass Fields

The union begins a coordinated campaign to pressure team owners.
Sponsored

Inside the EY 2026 Sports Engagement Index: The Real Map of American Sports Participation

EY’s latest index explores how shifting U.S. fan behaviors are expanding the definition of sports engagement.
Sponsored

Inside the EY 2026 Sports Engagement Index: The Real Map of American Sports Participation

EY’s latest index explores how shifting U.S. fan behaviors are expanding the definition of sports engagement.
July 20, 2026

Rory McIlroy Tops Golf’s Major Prize Money List With $5.34M

McIlroy won $4.5 million at the Masters.
Exclusive
July 20, 2026

NFL Owners Expect New Deal for Roger Goodell

NFL media rights, labor talks make continuity a priority.
July 19, 2026

DeChambeau’s Open Performance Marred By Penalty Fallout

Many players had strong opinions on the DeChambeau situation.
July 19, 2026

Ryan Fox, 200-1 Underdog, Wins Open Championship for First Major

It’s the third win on the PGA Tour for Fox, but his first major victory.