Deloitte Football Money League: Real Madrid lead way as Liverpool, Man City and Man Utd slip down rankings

Real Madrid top latest Deloitte Football Money League as Premier League clubs slip down rankings; Liverpool drop from third to seventh, Man City are second and Man Utd slip from fourth to fifth despite healthier revenue figure than season before; Barcelona Femeni top-earning women's club

Wednesday 24 January 2024 23:07, UK

Liverpool, Man Utd and Man City have all slipped down the rankings in the latest Deloitte Football Money League as clubs from continental Europe — including new leaders Real Madrid — gained ground.

Liverpool have had the biggest fall of any club in the top 20, from third place down to seventh, after Deloitte found their revenue had dropped slightly from £594.3m to £593.8m.

Deloitte attributed that fall to the Reds' on-field performance, with the club finishing fifth in the Premier League last season and bowing out in the Champions League last 16.

Manchester United dropped one place to fifth despite a healthier revenue figure than the season before, while treble winners Manchester City were leapfrogged by Real Madrid and now sit second, despite posting a record Premier League revenue figure in their most recent accounts.

The Money League looks at revenue figures reported in clubs' annual accounts for the 2022-23 season and does not look at operating costs.

Tottenham and Chelsea switched places compared to last year, with Spurs up one place to eighth, while Arsenal held on to 10th position.

Real led the way with revenue of £723m in 2022-23, demonstrating the club are doing well out of European football's current ecosystem, despite their president Florentino Perez being arguably the most staunch advocate for a Super League.

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