Real Madrid have been crowned the richest club in the world for the fourth year in a row, according to a report by global accounting firm Deloitte.
Deloitte's Football Money League, based on financial information for the 2007/08 season, features seven English clubs in the top 20 positions, with Manchester United, Chelsea, Arsenal, Liverpool, Newcastle United, Manchester City and Tottenham Hotspur all present.
However, it's Spanish giants Real who lead the list as they generated a whopping €365.8 million during season 2007/08, with English champions United ranked second with €324.8 million and Catalan giants Barcelona are third with a revenue of €308.8 million.
Meanwhile, AC Milan are the richest Italian club with €209.5 million. AS Roma are behind the Rossoneri on €175.4 million, followed by Inter Milan on €172.9 million and Juventus on €167.5 million.
German champions Bayern Munich are the most significant movers in the table, climbing from seventh to fourth on the back of increased matchday revenues following their full acquisition of their Allianz Arena stadium.
Fenerbahçe became the first Turkish club to enter the top 20 since the creation of the list in 1996/97, coming in at 19th place with revenue of just over €111.3 million.
Fener were joined by VfB Stuttgart and City as new entrants to the top 20, with Valencia, Werder Bremen and Celtic making way.
City were boosted by increased television revenues in the season prior to the the arrival of the club's Abu Dhabi-based owners.
Top 20 World's Wealthiest Clubs
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Deloitte's Football Money League, based on financial information for the 2007/08 season, features seven English clubs in the top 20 positions, with Manchester United, Chelsea, Arsenal, Liverpool, Newcastle United, Manchester City and Tottenham Hotspur all present.
However, it's Spanish giants Real who lead the list as they generated a whopping €365.8 million during season 2007/08, with English champions United ranked second with €324.8 million and Catalan giants Barcelona are third with a revenue of €308.8 million.
Meanwhile, AC Milan are the richest Italian club with €209.5 million. AS Roma are behind the Rossoneri on €175.4 million, followed by Inter Milan on €172.9 million and Juventus on €167.5 million.
German champions Bayern Munich are the most significant movers in the table, climbing from seventh to fourth on the back of increased matchday revenues following their full acquisition of their Allianz Arena stadium.
Fenerbahçe became the first Turkish club to enter the top 20 since the creation of the list in 1996/97, coming in at 19th place with revenue of just over €111.3 million.
Fener were joined by VfB Stuttgart and City as new entrants to the top 20, with Valencia, Werder Bremen and Celtic making way.
City were boosted by increased television revenues in the season prior to the the arrival of the club's Abu Dhabi-based owners.
Top 20 World's Wealthiest Clubs
| Club | Wealth | |
| 1. | Real Madrid | €365.8m |
| 2. | Manchester United | €324.8m |
| 3. | Barcelona | €308.8m |
| 4. | Bayern Munich | €295.3m |
| 5. | Chelsea | €268.9m |
| 6. | Arsenal | €264.4m |
| 7. | Liverpool | €210.9m |
| 8. | AC Milan | €209.5m |
| 9. | AS Roma | €175.4m |
| 10. | Inter Milan | €172.9m |
| 11. | Juventus | €167.5m |
| 12. | Olympique Lyon | €155.7m |
| 13. | Schalke 04 | €148.4m |
| 14. | Tottenham Hotspur | €145m |
| 15. | Hamburg SV | €127.9m |
| 16. | Olympique Marseille | €126.8m |
| 17. | Newcastle United | €125.6m |
| 18. | VfB Stuttgart | €111.5m |
| 19. | Fenerbahçe | €111.3m |
| 20. | Manchester City | €104m |
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