Deloitte Football Money League

The Deloitte Football Money League is a ranking of football clubs by revenue generated from football operations. It is produced annually by the accountancy firm Deloitte and released in early February of each year, describing the season most recently finished.

Rankings by season

2014–15

Appearances by Country

Ranking	Country	Number of Teams	Total Revenue (€ million)
1		16	3939.8
2		5	993.7
3		3	1324.9
		3	974.3
5		1	480.8
		1	159.1
		1	132.8

Rank in 2014–15	Club	Revenue (€ million)	Country	Rank in 2013–14	Change
1	Real Madrid	577.0	Spain	1	—
2	Barcelona	560.8	Spain	4	+2
3	Manchester United	519.5	England	2	−1
4	Paris Saint‑Germain	480.8	France	5	+1
5	Bayern Munich	474	Germany	3	−2
6	Manchester City	463.5	England	6	—
7	Arsenal	435.5	England	8	+1
8	Chelsea	420	England	7	−1
9	Liverpool	391.8	England	9	—
10	Juventus	323.9	Italy	10	—
11	Borussia Dortmund	280.6	Germany	11	—
12	Tottenham Hotspur	257.5	England	13	+1
13	Schalke 04	219.7	Germany	14	+1
14	Milan	199.1	Italy	12	−2
15	Atlético Madrid	187.1	Spain	15	—
16	Roma	180.4	Italy	24	+8
17	Newcastle United	169.3	England	19	+2
18	Everton	165.1	England	20	+2
19	Internazionale	164.8	Italy	17	-2
20	West Ham United	160.9	England	21	+1
21	Galatasaray	159.1	Turkey	18	-3
22	Southampton	149.5	England	25	+3
23	Aston Villa	148.8	England	22	-1
24	Leicester City	137.2	England	31+
25	Sunderland	132.9	England	27	+2
26	Swansea City	132.8	Wales	29	+3
27	Stoke City	130.9	England	30	+3
28	Crystal Palace	130.8	England	31+
29	West Bromwich Albion	126.6	England	31+
30	Napoli	125.5	Italy	16	-14

2013–14

Appearances by Country

Ranking	Country	Number of Teams	Total Revenue (€ million)
1		13	3140.2
2		5	985.3
3		4	1083.2
4		3	1204
5		2	604.7
6		1	161.9
		1	126.0
		1	118.0

Rank in 2013–14	Club	Revenue (€ million)	Country	Rank in 2012–13	Change
1	Real Madrid	549.5	Spain	1	—
2	Manchester United	518.0	England	4	+2
3	Bayern Munich	487.5	Germany	3	—
4	Barcelona	484.6	Spain	2	−2
5	Paris Saint‑Germain	474.2	France	5	—
6	Manchester City	414.4	England	6	—
7	Chelsea	387.9	England	7	—
8	Arsenal	359.3	England	8	—
9	Liverpool	305.9	England	12	+3
10	Juventus	279.4	Italy	9	−1
11	Borussia Dortmund	261.5	Germany	11	—
12	Milan	249.7	Italy	10	−2
13	Tottenham Hotspur	215.8	England	14	+1
14	Schalke 04	213.9	Germany	13	-1
15	Atlético Madrid	169.9	Spain	20	+5
16	Napoli	164.8	Italy	22	+6
17	Internazionale	164.0	Italy	15	-2
18	Galatasaray	161.9	Turkey	16	-2
19	Newcastle United	155.1	England	25	+6
20	Everton	144.1	England	31+
21	West Ham United	137.4	England	29	+8
22	Aston Villa	133.0	England	31+
23	Marseille	130.5	France	30	+7
24	Roma	127.4	Italy	19	-5
25	Southampton	126.9	England	31+
26	Benfica	126.0	Portugal	26	—
27	Sunderland	124.8	England	31+
28	Hamburg	120.3	Germany	17	-11
29	Swansea City	118.0	Wales	31+
30	Stoke City	117.6	England	31+

2012–13

Appearances by Country

Ranking	Country	Number of Teams	Total Revenue (€ million)
1		8	1957
2		6	1051.7
3		5	1137.5
4		4	1237.5
5		2	503.1
		2	283.4
7		1	113.3
		1	109.2
		1	107.6

Rank in 2012–13	Club	Revenue (€ million)	Country	Rank in 2011–12	Change
1	Real Madrid	518.9	Spain	1	—
2	Barcelona	482.6	Spain	2	—
3	Bayern Munich	431.2	Germany	4	+1
4	Manchester United	423.8	England	3	−1
5	Paris Saint‑Germain	398.8	France	10	+5
6	Manchester City	316.2	England	7	+1
7	Chelsea	303.4	England	5	−2
8	Arsenal	284.3	England	6	−2
9	Juventus	272.4	Italy	13	+4
10	Milan	263.5	Italy	8	−2
11	Borussia Dortmund	256.2	Germany	12	+1
12	Liverpool	240.6	England	9	−3
13	Schalke 04	198.2	Germany	15	+2
14	Tottenham Hotspur	172	England	14	—
15	Internazionale	168.8	Italy	11	−4
16	Galatasaray	157	Turkey	19	+3
17	Hamburg	135.4	Germany	20	+3
18	Fenerbahçe	126.4	Turkey	31+
19	Roma	124.4	Italy	21	+2
20	Atlético Madrid	120	Spain	25	+5
21	Stuttgart	116.5	Germany	27	+6
22	Napoli	116.4	Italy	21	-1
23	Valencia	116	Spain	22	—
24	Corinthians	113.3	Brazil	32	+8
25	Newcastle United	111.9	England	22	-3
26	Benfica	109.2	Portugal	24	-2
27	Ajax	107.6	Netherlands	26	-1
28	Lazio	106.2	Italy	31+
29	West Ham United	104.8	England	30
30	Marseille	104.3	France	17	-13

2011–12

Appearances by Country

Ranking	Country	Number of Teams	Total Revenue (€ million)
1		11	2213.6
2		5	963.9
		5	917.2
4		4	1214.6
5		3	488.1
6		1	129.7
		1	111.1
		1	104.1
		1	94.1

For the fourth year running, the top 4 teams were Real Madrid, Barcelona, Manchester United and Bayern Munich, with Real Madrid becoming the first team to generate over €500 million in revenue. Manchester City, Borussia Dortmund and Napoli continued their meteoric rises up the table.

Rank in 2011–12	Club	Revenue (€ million)	Country	Rank in 2010–11	Change
1	Real Madrid	512.6	Spain	1	—
2	Barcelona	483.0	Spain	2	—
3	Manchester United	395.9	England	3	—
4	Bayern Munich	368.4	Germany	4	—
5	Chelsea	322.6	England	5	—
6	Arsenal	290.3	England	6	—
7	Manchester City	285.6	England	12	+5
8	Milan	256.9	Italy	7	−1
9	Liverpool	233.2	England	9	—
10	Paris Saint‑Germain	220.5	France	31+
11	Internazionale	200.6	Italy	8	−3
12	Dortmund	196.7	Germany	16	+4
13	Juventus	195.4	Italy	13	—
14	Tottenham Hotspur	178.2	England	11	−3
15	Schalke 04	174.5	Germany	10	−5
16	Napoli	148.4	Italy	20	+4
17	Marseille	135.7	France	14	−3
18	Lyon	131.9	France	17	−1
19	Galatasaray	129.7	Turkey	31+
20	Hamburg	121.1	Germany	18	−2
21	Roma	115.9	Italy	15	-6
22	Newcastle United	115.3	England	25	+3
23	Valencia	111.1	Spain	19	-4
24	Benfica	111.1	Portugal	21	-3
25	Atlético Madrid	107.9	Spain	22	-3
26	Ajax	104.1	Netherlands	26	—
27	Stuttgart	103.2	Germany	27	—
28	Everton	99.5	England	28	—
29	Aston Villa	98.6	England	24	-5
30	Fulham	98.0	England	31+
31	Sunderland	96.4	England	30	-1
32	Corinthians	94.1	Brazil	31+

2010–11

Appearances by Country

Ranking	Country	Number of Teams	Total Revenue (€ million)
1		11	1886.9
2		6	986.3
3		5	858.8
4		4	1146.9
5		2	283.2
6		1	102.5
		1	97.1

Rank in 2010–11	Club	Revenue (€ million)	Country	Rank in 2009–10	Change
1	Real Madrid	479.5	Spain	1	—
2	Barcelona	450.7	Spain	2	—
3	Manchester United	367.0	England	3	—
4	Bayern Munich	321.4	Germany	4	—
5	Arsenal	251.1	England	5	—
6	Chelsea	249.8	England	6	—
7	Milan	235.1	Italy	7	—
8	Internazionale	211.4	Italy	9	+1
9	Liverpool	203.3	England	8	−1
10	Schalke 04	202.4	Germany	16	+6
11	Tottenham Hotspur	181.0	England	12	+1
12	Manchester City	169.6	England	11	−1
13	Juventus	153.9	Italy	10	−3
14	Marseille	150.4	France	15	+1
15	Roma	143.5	Italy	18	+3
16	Dortmund	138.5	Germany	22	+6
17	Lyon	132.8	France	14	−3
18	Hamburg	128.8	Germany	13	−5
19	Valencia	116.8	Spain	25	+6
20	Napoli	114.9	Italy	29	+9
21	Benfica	102.5	Portugal	26	+5
22	Atlético Madrid	99.9	Spain	17	−5
23	Werder Bremen	99.7	Germany	28	+5
24	Aston Villa	99.3	England	20	−4
25	Newcastle United	98.0	England	31+
26	Ajax	97.1	Netherlands	31+
27	Stuttgart	95.5	Germany	19	−8
28	Everton	90.8	England	27	−1
29	West Ham United	89.1	England	31	+3
30	Sunderland	87.9	England	31+

2009–10

Appearances by Country

Ranking	Country	Number of Teams	Total Revenue (€ million)
1		10	1792
2		6	989.8
		6	925.5
4		5	1160.1
5		3	390
6		1	98.2

Rank	Club	Revenue (€ million)	Country	Change
1.	Real Madrid	438.6	Spain
2.	Barcelona	398.1	Spain
3.	Manchester United	349.8	England
4.	Bayern Munich	323.0	Germany
5.	Arsenal	274.1	England
6.	Chelsea	255.9	England
7.	Milan	235.8	Italy	3
8.	Liverpool	225.3	England	1
9.	Internazionale	224.8	Italy
10.	Juventus	205.0	Italy	2
11.	Manchester City	152.8	England	9
12.	Tottenham Hotspur	146.3	England	3
13.	Hamburg	146.2	Germany	2
14.	Lyon	146.1	France	1
15.	Marseille	141.1	France	1
16.	Schalke	139.8	Germany
17.	Atlético Madrid	124.5	Spain	5
18.	Roma	122.7	Italy	6
19.	Stuttgart	114.8	Germany	5
20.	Aston Villa	109.4	England	5
21.	Fiorentina	106.4	Italy
22.	Borussia Dortmund	105.2	Germany
23.	Bordeaux	102.8	France
24.	Sevilla	99.6	Spain
25.	Valencia	99.3	Spain
26.	Benfica	98.2	Portugal
27.	Everton	96.6	England
28.	Werder Bremen	96.5	Germany
29.	Napoli	95.1	Italy
30.	Fulham	94.2	England
31.	West Ham United	87.6	England

2008–09

Rank	Club	Revenue (€ million)	Country	Change
1.	Real Madrid	401.4	Spain
2.	Barcelona	365.9	Spain	1
3.	Manchester United	327.0	England	1
4.	Bayern Munich	289.5	Germany
5.	Arsenal	263.0	England	1
6.	Chelsea	242.3	England	1
7.	Liverpool	237.0	England
8.	Juventus	203.2	Italy	3
9.	Internazionale	196.5	Italy	1
10.	Milan	196.5	Italy	2
11.	Hamburg	146.7	Germany	4
12.	Roma	146.4	Italy	3
13.	Lyon	139.6	France	1
14.	Marseille	133.2	France	2
15.	Tottenham Hotspur	132.7	England	1
16.	Schalke	124.5	Germany	3
17.	Werder Bremen	114.7	Germany	>3
18.	Borussia Dortmund	103.5	Germany	>2
19.	Manchester City	101.2	England	1
20.	Newcastle United	101.0	England	3

2007–08

Rank	Club	Revenue (€ million)	Country
1	Real Madrid	365.8	Spain
2.	Manchester United	324.8	England
3.	Barcelona	308.8	Spain
4.	Bayern Munich	295.3	Germany
5.	Chelsea	268.9	England
6.	Arsenal	264.0	England
7.	Liverpool	210.9	England
8.	Milan	209.5	Italy
9.	Roma	175.4	Italy
10.	Internazionale	172.9	Italy
11.	Juventus	167.5	Italy
12.	Lyon	155.7	France
13.	Schalke	148.4	Germany
14.	Tottenham Hotspur	145.0	England
15.	Hamburg	127.9	Germany
16.	Marseille	126.8	France
17.	Newcastle United	125.6	England
18.	Stuttgart	111.5	Germany
19.	Fenerbahçe	111.3	Turkey
20.	Manchester City	104.0	England

2006–07

The total revenue of the 20 richest clubs in the footballing world was over a record €3.73 billion. No side could displace Real Madrid, who remain top of football's financial rankings for the third year running after seeing their revenues leap 20 percent to €351.8 million during the 2006/07 season.

Manchester United displaced Barcelona in second place, the Spanish club moving down to third. Chelsea's revenue increase sees them return to the top five, into fourth place whilst Arsenal's move to the Emirates Stadium transformed their revenues moving them up to fifth place. This marked the first time any country has had three clubs in the top five of the Money League.

European champions Milan moved up to sixth place while runners-up Liverpool moved two places up to eighth. Italian champions Internazionale moved down two places to 9th while Bayern Munich moved up a spot to seventh. Juventus' relegation into Serie B saw them move nine places down to 12th place.

Rank	Club	Revenue (€ million)	Country
1.	Real Madrid	351.0	Spain
2.	Manchester United	315.2	England
3.	Barcelona	290.1	Spain
4.	Chelsea	283.0	England
5.	Arsenal	263.9	England
6.	Milan	227.2	Italy
7.	Bayern Munich	223.3	Germany
8.	Liverpool	198.9	England
9.	Internazionale	195.0	Italy
10.	Roma	157.6	Italy
11.	Tottenham Hotspur	153.1	England
12.	Juventus	145.2	Italy
13.	Lyon	140.6	France
14.	Newcastle United	129.4	England
15.	Hamburg	120.4	Germany
16.	Schalke	114.3	Germany
17.	Celtic	111.8	Scotland
18.	Valencia	107.6	Spain
19.	Marseille	99.0	France
20.	Werder Bremen	97.3	Germany

2005–06

The total revenue of the top 20 richest clubs in the world is now over €3.3 billion. Barcelona gained four places in the ranking for this year, making the two richest clubs both from Spain. England has the largest number of clubs in the list. A club from Portugal was added to the list for the first time. Portugal's Benfica is the third club from the Iberian Peninsula among the top 20 in the world, after Spain's Real Madrid and Barcelona.

Rank	Club	Revenue (€ million)	Country
1.	Real Madrid	292.2	Spain
2.	Barcelona	259.1	Spain
3.	Juventus	251.2	Italy
4.	Manchester United	242.6	England
5.	Milan	238.7	Italy
6.	Chelsea	221.0	England
7.	Internazionale	206.6	Italy
8.	Bayern Munich	204.7	Germany
9.	Arsenal	177.4	England
10.	Liverpool	176.0	England
11.	Lyon	127.7	France
12.	Roma	127.0	Italy
13.	Newcastle United	124.3	England
14.	Schalke	122.9	Germany
15.	Tottenham Hotspur	107.2	England
16.	Hamburg	101.8	Germany
17.	Manchester City	89.4	England
18.	Rangers	88.5	Scotland
19.	West Ham United	86.9	England
20.	Benfica	85.1	Portugal

2004–05

In the rankings for the 2004/05 season, Real Madrid longs run at the top. Three clubs that had appeared in the previous season's top twenty (Marseille, Rangers, and Aston Villa) were replaced by Lyon, Everton, and Valencia.

Rank	Club	Income (€ million)	Country
1.	Real Madrid	275.7	Spain
2.	Manchester United	246.4	England
3.	Milan	234.0	Italy
4.	Juventus	229.4	Italy
5.	Chelsea	220.8	England
6.	Barcelona	207.9	Spain
7.	Bayern Munich	189.5	Germany
8.	Liverpool	181.2	England
9.	Internazionale	177.2	Italy
10.	Arsenal	171.3	England
11.	Roma	131.8	Italy
12.	Newcastle United	128.9	England
13.	Tottenham Hotspur	104.5	England
14.	Schalke	97.4	Germany
15.	Lyon	92.9	France
16.	Celtic	92.7	Scotland
17.	Manchester City	90.1	England
18.	Everton	88.8	England
19.	Valencia	84.6	Spain
20.	Lazio	83.1	Italy

2003–04

In the 2003–04 season, five clubs recorded revenues of over €200m with Manchester United once again being ranked as the richest club in Europe.

Rank	Club	Income (€ million)	Country
1.	Manchester United	259.4	England
2.	Real Madrid	236.2	Spain
3.	Milan	222.1	Italy
4.	Chelsea	217.5	England
5.	Juventus	215.3	Italy
6.	Arsenal	174.1	England
7.	Barcelona	169.9	Spain
8.	Internazionale	167.1	Italy
9.	Bayern Munich	166.4	Germany
10.	Liverpool	140.2	England

2002–03

English clubs dominated the money league for the 2002/03 season, with five Premier League clubs occupying spots in the top 10.

Rank	Club	Income (€ million)	Country
1.	Manchester United	251.2	England
2.	Juventus	218.8	Italy
3.	Milan	200.4	Italy
4.	Real Madrid	193.7	Spain
5.	Bayern Munich	163.9	Germany
6.	Internazionale	162.5	Italy
7.	Arsenal	150.1	England
8.	Liverpool	149.3	England
9.	Newcastle United	139.3	England
10.	Chelsea	134.1	England

2001–02

Rank	Club	Income (€ million)	Country
1.	Manchester United	229.5	England
2.	Juventus	177.9	Italy
3.	Bayern Munich	176.8	Germany
4.	Milan	159.1	Italy
5.	Liverpool	154.6	England
6.	Real Madrid	152.2	Spain
7.	Chelsea	143.4	England
8.	Arsenal	141.4	England
9.	Barcelona	139.8	Spain
10.	Roma	136.8	Italy

2000–01

Rank	Club	Income (€ million)	Country
1.	Manchester United	217.2	England
2.	Juventus	173.5	Italy
3.	Bayern Munich	173.2	Germany
4.	Milan	164.6	Italy
5.	Real Madrid	138.2	Spain
6.	Liverpool	137.6	England
7.	Lazio	125.4	Italy
8.	Roma	123.8	Italy
9.	Chelsea	118.4	England
10.	Internazionale	112.8	Italy

1997–98

Rank	Club	Income (£ million)	Country
1.	Manchester United	87.9	England
2.	Real Madrid	72.2	Spain
3.	Bayern Munich	66.2	Germany
4.	Juventus	55.3	Italy
5.	Newcastle United	49.2	England
6.	Barcelona	48.57	Spain
7.	Milan	48.55	Italy
8.	Internazionale	48.2	Italy
9.	Chelsea	47.5	England
10.	Liverpool	45.5	England

Summary table: Some teams appearing in Top 10

Club	2011/12 (€ million)	2010/11 (€ million)	2009/10 (€ million)	2008/9 (€ million)	2007/8 (€ million)	2006/7 (€ million)	2005/6 (€ million)	2004/5 (€ million)	2003/4 (€ million)	2002/3 (€ million)	2001/2 (€ million)	2000/1 (€ million)	Country
Real Madrid	512.6 (1)	479.5 (1)	438.6 (1)	401.4 (1)	365.8 (1)	351.8 (1)	292.2 (1)	275.7 (1)	236.2 (2)	193.7 (4)	152.2 (6)	138.2 (5)	Spain
Barcelona	483.0 (2)	450.7 (2)	398.1 (2)	365.9 (2)	308.8 (3)	291.1 (3)	259.1 (2)	207.9 (6)	169.9 (7)	(11+)	139.8 (9)	(11+)	Spain
Manchester United	395.9 (3)	367.0 (3)	349.8 (3)	327.0 (3)	324.8 (2)	315.4 (2)	242.6 (4)	246.4 (2)	259.4 (1)	251.2 (1)	229.5 (1)	217.2 (1)	England
Bayern Munich	368.4 (4)	321.4 (4)	323.0 (4)	289.5 (4)	295.3 (4)	223.7 (7)	204.7 (8)	189.5 (7)	166.4 (9)	163.9 (5)	176.8 (3)	173.2 (3)	Germany
Chelsea	322.6 (5)	249.8 (6)	255.9 (6)	242.3 (6)	268.9 (5)	284.4 (4)	221.0 (6)	220.8 (5)	217.5 (4)	134.1 (10)	143.4 (7)	118.4 (9)	England
Arsenal	290.3 (6)	251.5 (5)	274.1 (5)	263.0 (5)	264.4 (6)	264.2 (5)	177.4 (9)	171.3 (10)	174.1 (6)	150.1 (7)	141.4 (8)	(11+)	England
Manchester City	285.6 (7)	169.6 (12)	152.8 (11)	101.2 (19)	104.0 (20)	(21+)	89.4 (17)	90.1 (17)	(11+)	(11+)	(11+)	(11+)	England
Milan	256.9 (8)	235.1 (7)	235.8 (7)	196.5 (8)	209.5 (8)	227.7 (6)	238.7 (5)	234.0 (3)	222.1 (3)	200.4 (3)	159.1 (4)	164.6 (4)	Italy
Liverpool	233.2 (9)	203.3 (9)	225.3 (8)	217.0 (7)	210.9 (7)	202.1 (8)	176.0 (10)	181.2 (8)	140.2 (10)	149.3 (8)	154.6 (5)	137.6 (6)	England
Juventus	195.4 (10)	153.9 (13)	205.0 (10)	203.2 (8)	167.5 (11)	145.2 (12)	251.2 (3)	229.4 (4)	215.3 (5)	218.8 (2)	177.9 (2)	173.5 (2)	Italy
Internazionale	185.9 (12)	211.4 (8)	224.8 (9)	196.5 (9)	172.9 (10)	195.4 (9)	206.6 (7)	177.2 (9)	167.1 (8)	162.5 (6)	(11+)	112.8 (10)	Italy
Schalke 04	174.5 (14)	202.4 (10)	139.8 (16)	124.5 (16)	148.4 (13)	114.3 (16)	122.9 (14)	97.4 (14)	(11+)	(11+)	(11+)	(11+))	Germany
Roma	115.9 (19)	143.5 (15)	122.7 (18)	146.4 (10)	175.4 (9)	157.7 (10)	127.0 (12)	131.8 (11)	(11+)	(11+)	136.8 (10)	123.8 (8)	Italy

Annual Review of Football Finance 2011

Record growth in Europe’s top five leagues boosted revenue in the continent’s football industry by 4 percent to an all-time high of 16.3 billion euros (£13.7 billion/$23.8 billion) in 2009-10. The “Big Five” had total revenue of 8.4 billion euros, a 5 percent increase over 2008-09, according to Deloitte.

Rank	League	Revenue (€ billion)	Country
1.	Premier League	2.479	England
2.	Bundesliga	1.664	Germany
3.	La Liga	1.622	Spain
4.	Serie A	1.532	Italy
5.	Ligue 1	1.072	France

In addition to that a total of €754.1m was distributed to clubs participating in the 2008–09 UEFA Champions League, with the two finalists, Barcelona and Manchester United, receiving the largest amounts. Barcelona's triumphant run to the title at Wembley in May earned them a total of €51m. Despite the loss, Manchester United got even more €53m.

See also

• Forbes' list of the most valuable football clubs
• List of English football club owners
• List of professional sports leagues by revenue

References

• Deloitte Football Money League 2016 (rankings for the 2014–15 season) PDF
• Deloitte Football Money League 2015 (rankings for the 2013–14 season) PDF
• Deloitte Football Money League 2014 (rankings for the 2012–13 season) PDF
• Deloitte Football Money League 2013 (rankings for the 2011–12 season) PDF
• Deloitte Football Money League 2012 (rankings for the 2010–11 season) PDF
• Deloitte Football Money League 2011 (rankings for the 2009–10 season) PDF
• Deloitte Football Money League 2010 (rankings for the 2008–09 season) PDF
• Deloitte Football Money League 2009 (rankings for the 2007–08 season) PDF
• Deloitte Football Money League 2008 (rankings for the 2006–07 season) PDF
• Deloitte Football Money League 2007 (rankings for the 2005–06 season) PDF
• Deloitte Football Money League 2006 (rankings for the 2004–05 season) PDF
• Deloitte Football Money League 2005 (rankings for the 2003–04 season) PDF

External links

• Official website
• ESPN: Rolling out of control