Real Madrid become first football club to generate more than €1bn in revenue to stay top of Deloitte Money League ahead of Man City, PSG and Man Utd

The Liga giants, who collected another domestic title and a Champions League crown in 2023-24, made 1.05bn euros (£883m/$1.09bn) last season. No club has ever posted such numbers, with financial success off the field mirroring sporting triumphs on it.

Premier League champions Manchester City, who landed that prize in a record-setting fourth successive campaign last term, sit second in the Money League with impressive revenue figures of £708m ($872m). They are, however, still locked in an 115-charge Financial Fair Play fight.

French giants Paris St-Germain (£681m/$839m), out-of-sorts Premier League side Manchester United (£651m/$802m) – who continue to implement cost-cutting measures under Sir Jim Ratcliffe and the club’s INEOS co-ownership team - and Bundesliga heavyweights Bayern Munich (£646m/$796m) complete the Deloitte top five.

There are nine English sides in the 20 – with Arsenal, Liverpool, Tottenham, Chelsea, Newcastle and West Ham all retaining their places while Aston Villa are on the rise after securing a top-four finish last season and joining the Champions League party.

A further five Premier League clubs – Brighton, Crystal Palace, Everton, Fulham and Wolves – sit in the top 30, but Barcelona find themselves slipping from fourth to sixth after seeing a £53m ($65m) drop in matchday revenue amid redevelopment work at Camp Nou.