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Madrid generated a record revenue of 831m euros (Ksh 144.5 billion) to top their Money League study from the 2022-23 season.
UEFA Champions League serial winners Real Madrid have overtaken Manchester City to once again become the highest revenue-generating football club.
This development comes following a recent analysis by Deloitte, who concluded that Real generated a record revenue of 831m euros (£710m) in the 2022-23 season.
City also registered record revenue of €826m (Ksh Sh146.8bn) but have dropped to second place after occupying first in 2022.
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18:06 - 24.01.2024
FOOTBALL Under-fire Andre Onana involved in another spat with Samuel Eto’o
Onana is said to have been involved in a heated exchange with Eto'o after finding out he had been dropped from the Cameroon matchday squad for their AFCON clash against Gambia.
Real Madrid topped the table for the first time since 2017-18 despite losing to Manchester City in the Champions League semi-final and finishing second behind Barcelona in LaLiga.
Paris Saint-Germain (€802m), Barcelona (€800m) and Manchester United (€746m) complete the top five.
Liverpool were the biggest fallers, dropping from third to seventh with revenues of €683m (£583m) after they could only finish fifth in the Premier League and were knocked out of the Champions League at the last-16 stage.
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18:48 - 24.01.2024
Anthony Martial sidelined for 10 weeks following successful groin surgery
Manchester United's French striker Anthony Martial has been sidelined due to a groin injury, following surgery which is expected to keep him out of action for approximately ten weeks.
Tottenham, Chelsea and Arsenal also make the top 10, with Newcastle and West Ham 17th and 18th respectively.
Leicester City, Leeds United and Everton drop out of the top 20, meaning the number of Premier League clubs drops to eight after at least 10 clubs featured in the past two years.
The Hammers, Liverpool, and Atletico Madrid were the only sides in the top 20 to report a drop in revenue.
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15:16 - 24.01.2024
FOOTBALL Journalists cheat death in dramatic AFCON bus crash
Journalists survive harrowing bus crash en route from Yamoussoukro to Abidjan during AFCON 2023 coverage.
Revenues for the top 20 clubs rose by 14% to a record 10.5bn euros (Ksh1.9 trillion).
That includes record commercial and matchday revenues of 4.4bn euros (Ksh. 778 billion) and 1.9bn euros (Ksh 336 billion) respectively.
Commercial revenue has overtaken broadcast revenue as the largest income stream for the first time since 2015-16, excluding the Covid-19 impacted 2019-20 season, with 17 of the top 20 clubs reporting a year-on-year increase.
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17:23 - 24.01.2024
FOOTBALL How Mauritania went from lowly-ranked minnows to smashing Algeria and making maiden AFCON knockouts
Mauritania dumped Algeria against all odds to reach their first ever AFCON round of 16 on Wednesday night, but it was a victory 13 years in the making.
That is largely down to retail sales, non-matchday events such as concerts, and the recovery of sponsorship income which had been impacted by the pandemic, suggesting clubs are exploring alternative sources of revenue to become less reliant on broadcast deals.
A Good example is Tottenham, who have made their stadium a multi-purpose arena for events like music concerts, boxing matches and even NFL games.
Broadcast income rose by just 5% to 4.2 bilion euros (Ksh 730.8 trillion) , largely due to the 2022/23 season falling within existing domestic broadcast cycles.
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