Spanish giants Real Madrid have once again been named the highest-revenue club in world football, topping Deloitte’s annual football money league for the third year in a row.
The club generated €1.161 billion in revenue during the 2024–25 season, a year-on-year increase of €115.5 million, placing them nearly €200 million ahead of second-placed FC Barcelona, who recorded €974.8 million.
Even without winning a major trophy during the season, Real Madrid achieved remarkable financial results, capitalising on multiple revenue streams, including income from the Santiago Bernabéu Stadium, participation in the Club World Cup, and the Champions League.
Commercial revenue was a major driver, rising 23% to €570 million (£499 million) thanks to improved merchandising and new commercial partnerships. The club also earned €323 million (£281 million) from broadcasting, putting them at the top in both revenue categories.
Other top clubs include:
- Real Madrid – €1,161.0m
- Barcelona – €974.8m
- Bayern Munich – €860.6m
- Paris Saint-Germain – €837.0m
- Liverpool – €836.1m
- Manchester City – €829.3m
- Arsenal – €821.7m
- Manchester United – €793.1m
- Tottenham Hotspur – €672.6m
- Chelsea – €584.1m
The report highlights how Real Madrid has consolidated its global leadership in revenue generation, outpacing top Premier League clubs and European heavyweights alike.
