The giant financial clout of the English Premier League compared to its continental counterparts has been laid simple in a new report by European football’s governing body UEFA. Real Madrid have replaced Manchester United as the wealthiest football club in the world, according to the latest Deloitte Football Money League. Man Utd slipped to third with Barcelona making it the first Spanish one-two since 2014-15, Deloitte said. Its Football Money League, based on the 2017-18 season, also shows the combined sales of the top 20 clubs has increased 6% to €8.3 billion (£ 7.4 billion), setting a new record.
Bundesliga champions Bayern Munich ranked fourth for a second year running with £557m, while Ligue 1 giants Paris Saint-Germain climbed one place into sixth spot on £480m. Premier League leaders Liverpool recorded the biggest income increase from clubs in the top 10, with profits soaring 25% to £455m, while Chelsea also achieved an impressive 22% growth with £448m. Despite failing to make an impression in the Champions League lately, United’s projected revenue in their latest set of financial figures was around €676 million (£593m).
Arsenal (£389m) dropped three places into ninth spot after missing out on Champions League football for the first time in 20 years, but narrowly trumped north London rivals Tottenham (£379m). Everton (£189m), Newcastle (£179m) and West Ham (£175m) also made the top 20, with Rafa Benitez’s side recording a chart-topping 108 per cent increase in revenue – up from £86m in 2016/17. ‘In the last decade, Premier League clubs have added €1.9bn (£1.67bn) in TV revenues. This relates to the €1.9bn added by all the rest of Europe’s clubs combined,’ the report states.
The report takes into account the first year of the present Premier League TV deal but £8.3bn has already been elevated from the next cycle, which starts from the beginning of next season. That vows to keep the Premier League clubs at the top of the charts for some time to come given TV money now funds 54% of each club’s revenue on average. “The considerable presence of Premier League clubs endures to be felt in this year’s Deloitte Football Money League,” said Deloitte’s Sam Boor. But only Crystal Palace (79%) and Roma recorded a figure of more than 70% of total revenue in this top 20. City have overtaken Real to become the most expensively assembled squad in European football by transfer fees.
Dan Jones, head of the Sports Business Group at Deloitte, said: “Real Madrid’s unsettled financial performance in 2017/18 is built on their long history of achievement on the pitch, most recently three successive Champions League titles. “This has allowed the club to continue to drive commercial revenue as the appetite to partner with Europe’s most prosperous clubs remains stronger than ever.”
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