Deloitte Reveals Highest-Earning Clubs as Revenue of Real Madrid, Barcelona and Others Come to Light

Deloitte has released its latest report highlighting the top-earning clubs, with Real Madrid, Barcelona and others among those seeing revenue gains.

The 2026 edition of the Deloitte Football Money League is out, and soccer clubs have set a new revenue record. Real Madrid remains the top-earning side in the world, but there is a new champion in England, while Manchester United has fallen to its lowest-ever ranking.

Real Madrid and Barcelona Top Revenue Charts

The Deloitte Football Money League is the annual ranking of soccer clubs based on commercial, broadcast, and matchday revenue. The latest report is its 29th edition, and it features a new record as matchday revenue has increased worldwide.

Real Madrid became the first soccer club in history to generate more than $1.175 billion during the 2023-24 season, and they remain the only side to have achieved the feat again. Their revenue grew by $135 million, about 11%, in 2025, bringing their total to $1.365 billion. Most of that growth came from commercial deals despite a trophyless season.

FC Barcelona enjoyed a successful campaign, winning the Copa del Rey and La Liga, which resulted in 27% revenue growth. The club reached $1.146 billion, narrowly missing the $1.175 billion milestone by $30 million. Their surge saw them jump from sixth in 2025 to second.

Bayern Munich also recorded a significant rise, climbing from fifth to third in 2026. The German club posted a 12% increase, pushing total revenue to $1.011 billion, with most of the growth coming from broadcast revenue.

PSG was the side to beat in 2025, winning the European treble and falling short of the FIFA Club World Cup after a loss to Chelsea. The club posted a 4% revenue increase but slipped from third to fourth in the rankings.

READ MORE: Jamie Carragher Rules Out Jürgen Klopp From Real Madrid Job, Names 4 Other Favourites Ahead of German Coach

Liverpool dethroned Manchester City as the Premier League’s top revenue earner. The Reds recorded 17% growth to reach $982 million, while the Cityzens saw a 1% decline to $974 million. That shift moved Liverpool from eighth to fifth, while City dropped from second to sixth.

Premier League clubs round out the rest of the top 10, with Arsenal, Manchester United, Tottenham, and Chelsea following. Arsenal posted a notable 15% increase, while the others saw single-digit growth.

The biggest surprise in the report was Manchester United, which now ranks eighth globally with $932 million in revenue. That position could slip further in the next edition, as the club missed out on European competition this season.

The primary driver of broadcast revenue growth among Money League clubs in 2024-25 was the expanded FIFA Club World Cup, Deloitte said. Ten Money League clubs took part in last summer’s competition, which produced a 17% increase in broadcast income for those teams. The expansion of UEFA’s three leading men’s club competitions also contributed to the overall revenue growth, according to Deloitte.

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