Saturday, August 15, 2026

Top 20 Soccer Clubs Total $9B In 2020-21 Revenue

Manchester-City-FC
Manchester City FC/Design: Alex Brooks

Deloitte’s Football Money League report, which covers the highest revenue-generating soccer clubs, found that the top 20 combined for $9 billion in revenue during the 2020-21 season.

In soccer’s first full season since the start of the pandemic, teams saw revenue grow 1% from the season prior, but nowhere near the $10.3 billion brought in during the 2018-19 season.

For the first time ever, Manchester City jumped five spots to become the top earner on the list, bringing in $711.3 million. And for the first time, it landed ahead of Manchester United, which brought in the fifth-highest revenue at $615.5 million.

  • Real Madrid took second, recording revenue of $706.7 million.
  • Bayern Munich was third with $674.4 million in revenue.
  • Barcelona, which topped last year’s list, dropped to fourth with $642.1 million.

The Wolverhampton Wanderers made the list for the first time with $241.8 million in revenue, and Aston Villa made its first appearance on the list in 10 years with $228.7 million.

Soccer Segments

The Premier League took over the list with 11 clubs, La Liga placed three, Serie A and the Bundesliga had two each, and Ligue 1 and the Russian Premier League ended with one each.

Average revenue for the teams dropped 12% from 2018-19 to $451.1 million, with matchday revenue at $122.4 million, the lowest in the study’s history. Deloitte says clubs may have missed out on more than $2.2 billion during the last two seasons.

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

Peacock Turns Profit 6 Years After Launch—With World Cup Bump

The streaming service reached a long-awaited “milestone.”

Curaçao’s World Cup Goalie Eloy Room Puts Spotlight on the USL

Eloy Room plays for Miami FC in the USL Championship.
Soccer Football - LaLiga - Osasuna v Atletico Madrid - El Sadar Stadium, Pamplona, Spain - May 12, 2026 Atletico Madrid's Alexander Sorloth in action with Osasuna's Valentin Rosier

What Really Happened With the Spanish Soccer Team and Kalshi

The club said it wanted to clear up its actions after “recent reports.”
Exclusive

U.S. Investors Target Wrexham-Style Turnaround With Italian Club

The deal is expected to close this month.
podcast thumbnail mobile
Front Office Sports Today

NBA Owners ‘Stunned’ by Lakers Sale, Knicks’ $67M Run, WTA Sex Testing Starts

0:00

Featured Today

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.”
August 6, 2026

Tom Brady Explains His Aggressive Push Into Trading Cards

Brady talked to FOS about his eponymous card company.
FILE PHOTO: Cricket - Indian Premier League - IPL - Mumbai Indians v Chennai Super Kings - Wankhede Stadium, Mumbai, India - April 23, 2026 Mumbai Indians' Suryakumar Yadav in action
August 5, 2026

India Is Stealing Cricket’s Throne From England and Australia

India’s insatiable appetite for cricket has shifted the traditional locus of power.
WPBL
July 30, 2026

Who’s Playing Women’s Professional Baseball?

Sixty players from 11 countries are descending on Illinois for six weeks.
Mar 12, 2026; Los Angeles, California, USA; Los Angeles Lakers majority owner Mark Walter and team executive Jeannie Buss in attendance at Crypto.com Arena. Mandatory Credit

In Sudden $12.5B Lakers Sale, Big Questions Remain

Why did Mark Walter flip the NBA’s crown jewel in 10 months?
August 13, 2026

Knicks’ Title Run Creates $67 Million Bump for MSG Sports

The NBA team’s parent company reported across-the-board financial lifts. 
Oct 13, 2024; London, United Kingdom; The Chicago Bears logo in the end zone before an NFL International Series game at Tottenham Hotspur Stadium. Mandatory Credit: Kirby Lee-Imagn Images
August 14, 2026

Bears Call Indiana Stadium Plans Their ‘Sole Focus’

Bears chairman on Illinois: “Hope is not a strategy.”
Sponsored

Saints Great Turns to Ownership

Marques Colston discusses his Champions Fund launch and finding success after football.
Mar 26, 2026; Los Angeles, California, USA; Los Angeles Dodgers owner and chairman Mark Walter walks on the field after the game against the Arizona Diamondbacks at Dodger Stadium.
August 13, 2026

‘Totally Nuts’: Mark Walter’s Lightning-Fast Lakers Flip

“It is the fastest flip I know of,” a sports economist tells FOS.
U.S. President Donald Trump speaks during an event to sign an executive order regarding vaccine flexibility, in the Oval Office at the White House in Washington, D.C., U.S., August 10, 2026.
August 12, 2026

White House Denies Involvement in Lakers Sale to Kushner

“This has nothing to do with President Trump or his administration.”
May 9, 2026; Los Angeles, California, USA; Former Disney CEO Bob Iger watches pregame warm ups before the game between Angel City FC and the San Diego Wave at BMO Stadium.
August 12, 2026

Iger, Kushner, Walter Have Sports Empires Beyond the Lakers

The three businessmen already own stakes across major sports leagues.
Josh Kushner and Karlie Kloss attend the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, U.S., July 8, 2026.
August 12, 2026

Who Is New Lakers Owner Josh Kushner?

His older brother, Jared Kushner, is married to Donald Trump’s daughter Ivanka.