Wednesday, May 27, 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

Dave Checketts Says Founding MLS Team Was His ‘Worst Investment’ 

Checketts cofounded Real Salt Lake in 2005 and sold it in 2013.

Judge Throws Out Conviction of Ex-Fox Exec in Soccer Bribery Case

The defendants were accused of bribing soccer officials for broadcast rights.
FIFA 2026 World Cup signage is displayed at MetLife Stadium, May 7, 2026, East Rutherford, NJ, USA.

New York, New Jersey Subpoena FIFA Records Over World Cup Ticket Prices

New York and New Jersey AGs are investigating FIFA’s ticketing process.

NJ Transit Won’t Change World Cup Plans For Knicks Finals Game

The Knicks could host Game 6 shortly after a World Cup game.

Featured Today

May 24, 2026; Evanston, IL, USA; Northwestern Wildcats attack Kathryn Ratanaproeksa (13) shoots against the North Carolina Tar Heels during the first half at Martin Stadium

Can Women’s Lacrosse Buck the Trend in College Sports?

The sport is fighting to prove its worth in the revenue-sharing era.
May 22, 2026

Big Money on the Line on Premier League’s Final Day

Arsenal has won the title, but millions are still at stake.
Texas State mascot
May 22, 2026

Mascot-Reveal Videos Are the Newest College Sports Tradition

Student mascot unmasking videos are going mega-viral.
Charlie Pliner and Nikolas Rohrmann
May 22, 2026

How 2 Brown Undergrads Became Sports Dealmakers

An experimental project turned into a permanent course and business deal network.

MLBPA’s Initial Proposal Sets Stage for High-Stakes Labor Fight

The union, as expected, wants to preserve the sport’s market-based system.
PWHL - OTT at BOS- April 30, 2026_11
May 26, 2026

PWHL Players Publish Every Salary in League

Only 10 players earned six figures, while two-thirds earned less than $60K.
May 27, 2026

US Open Tickets Open With Eye-Popping Prices and Demand

The main draw runs Aug. 30 to Sept. 13.
Sponsored

The Hidden Economy of Race Weekend

Learn more about the Vintage Flying Museum and how Spectrum Business is helping them achieve their business goals while fueling their dreams.
May 26, 2026

Everything PGA Tour Players Can—and Can’t—Do on Social Media

The new policy was officially rolled out to players last week.
May 14, 2026; Newtown Square, Pennsylvania, USA; Bryson DeChambeau reacts on the ninth green during the first round of the PGA Championship golf tournament at Aronimink Golf Club. Mandatory Credit: Bill Streicher-Imagn Images
May 26, 2026

DeChambeau ‘Optimistic’ About LIV Golf Amid Funding Uncertainty

DeChambeau missed the cut at the first two majors of 2026.
May 25, 2026; Paris, France; Elina Svitolina of Ukraine at a change of ends with ice and an ice towel during her first round match against Anna Bondar of Hungary on day two at Stade Roland Garros.
May 25, 2026

French Open Heat Wave Expected to Continue for Rest of Week

Forecasts for Tuesday, Wednesday, and Thursday are heating up.
May 24, 2026

Jalen Duren’s All-NBA Nod Could Net Him $287 Million Deal

Duren was a first-time All-Star in 2026.