Richest Football Clubs in the World: The Full 2026 Ranking

Ask which football club is richest and the honest answer, as of the 2026 Deloitte Football Money League, is Real Madrid — by a wide and growing margin. The 20 clubs tracked by Deloitte generated a combined €12.4 billion in 2024/25, an 11% jump on the year before, and for the first time in the ranking’s history no English club cracked the top four. Here’s the full list, with the figures behind it.

Richest Football Clubs in the World (2024/25 Revenue)

How Club Wealth Is Measured

Deloitte’s Football Money League is the industry benchmark, and it ranks clubs on annual revenue rather than net worth or market value, mostly because revenue is the number that’s actually reported and comparable across leagues. It splits income into three streams: matchday (tickets, hospitality boxes, stadium events), broadcast (shares of domestic league and UEFA competition TV rights), and commercial (shirt sponsorships, kit deals, global brand partnerships). Across the top 20 in 2024/25, those streams totaled €2.4bn, €4.7bn, and €5.3bn respectively — commercial income has now been the single largest slice for three years running.

1. Real Madrid — €1,161.0 million

Real Madrid became the first club to clear €1 billion in a single season back in 2023/24, and its 2024/25 revenue of €1,161m — up 11% year on year — confirms it as football’s undisputed financial leader. The redeveloped Santiago Bernabéu, now generating income from concerts, NFL games, and hospitality between matchdays, has transformed matchday revenue, while its commercial arm alone brought in nearly €600 million. Backed by Champions League pedigree and arguably the sport’s biggest global brand, Madrid has topped the Money League in all but a handful of years since it began.

2. Barcelona — €974.8 million

Barcelona climbed to second with €974.8m, helped by the phased reopening of the redeveloped Spotify Camp Nou, which is adding fresh matchday and hospitality income even before full capacity returns. The club’s historical brand still commands some of football’s biggest shirt-sponsorship and kit deals, and years of aggressive debt restructuring (the so-called “economic levers”) have kept the books moving in the right direction even as on-pitch spending stayed high.

3. Bayern Munich — €860.6 million

Bayern’s €860.6m is built on the deepest and longest-standing corporate sponsorship network in German football — Adidas, Allianz, and Deutsche Telekom among its anchor partners — combined with near-uninterrupted Bundesliga dominance that keeps broadcast and Champions League income flowing every season. The Allianz Arena also generates steady non-matchday revenue through concerts and tours, giving Bayern one of the most balanced income mixes in the entire top 20.

4. Paris Saint-Germain — €837.0 million

PSG’s Qatari-backed ownership has built the club into France’s clear financial giant, and €837m in revenue makes it the highest earner outside Spain, England, and Germany. Its commercial strategy has been explicit about targeting the Asian and North American markets, and reaching the 2025 Champions League final only added to broadcast income. PSG’s Ligue 1 dominance means it also collects the largest domestic broadcast share year after year.

5. Liverpool — €836.1 million

Liverpool’s €836.1m made it, for the first time in Money League history, the highest-earning Premier League club — nudging ahead of Manchester City and Arsenal. A deep Champions League run, strong broadcast performance, and growing commercial deals under FSG’s ownership all contributed. It’s a notable shift: Liverpool has traditionally trailed Manchester’s two clubs on revenue, and this marks the first season it hasn’t.

6. Manchester City — €829.3 million

Manchester City’s €829.3m reflects the City Football Group model of owning and cross-promoting clubs across multiple continents, alongside on-field success that has kept it in the Champions League’s latter stages virtually every year this decade. Its commercial growth, built on long-term sponsorship relationships tied to Abu Dhabi-backed ownership, has been among the fastest of any club in the Money League over the past decade.

7. Arsenal — €821.7 million

Arsenal’s return to regular Champions League football has been the biggest driver behind its €821.7m, a figure that also reflects steady growth in Emirates Stadium matchday income and an expanding commercial operation. It’s the club’s highest-ever Money League position, and the gap to Manchester City above it is now the smallest it’s been in years.

8. Manchester United — €793.1 million

Manchester United’s €793.1m is still enough for eighth, but it’s the club’s lowest-ever position in the Money League’s history — a sign of how far broadcast and Champions League income have fallen after a run of poor league finishes. Its commercial revenue, built on one of the largest global fanbases in sport, remains a strength even as on-field results have dragged the other two revenue streams down.

9. Tottenham Hotspur — €672.6 million

Tottenham Hotspur Stadium keeps paying off: beyond matchdays, it hosts NFL games, concerts, and boxing events that generate income 365 days a year, pushing the club’s revenue to €672.6m. Spurs’ matchday income per game is now among the highest in the Premier League, offsetting a commercial operation that’s smaller than the “big six” clubs above it.

10. Chelsea — €584.1 million

Chelsea’s €584.1m reflects a club rebuilding financially under Clearlake and Todd Boehly’s ownership after a period of heavy player-trading activity. Deep runs in the Champions League and the inaugural expanded FIFA Club World Cup boosted broadcast income significantly, and Chelsea’s global commercial deals remain strong even in a season without a Premier League title challenge.

11. Inter Milan — €537.5 million

Inter’s run to the 2025 Champions League final was worth tens of millions in broadcast and prize money alone, lifting its revenue to €537.5m and keeping it as Italy’s highest-earning club. San Siro matchday income and a growing Asian commercial footprint, built around Inter’s ownership links, round out its revenue base.

12. Borussia Dortmund — €531.3 million

Dortmund’s Signal Iduna Park regularly draws Europe’s largest average matchday crowds, and that fills a meaningful chunk of its €531.3m in revenue even without the biggest broadcast deal in the Bundesliga. A Champions League run and Dortmund’s reputation as a European “selling club” that develops and moves on elite talent both help keep commercial and transfer-adjacent income high.

Why the Premier League Still Punches Above Its Weight

The Premier League sells its domestic TV rights as one collective package, and that deal remains worth more than any other in club football — even the team that finishes last gets a distribution that can match or beat what a top club in France, the Netherlands, or Portugal earns. That’s why five of the top 10 clubs on this list are English, even in a year when none of them cracked the top four. La Liga and the Bundesliga have narrowed the broadcast gap over recent decades, but within those leagues the money is far less evenly spread between clubs.

Financial Fair Play and Its Limits

UEFA’s Financial Fair Play rules, now replaced by the Financial Sustainability Regulations, were meant to stop clubs from spending well beyond their means. State-backed clubs and those with deep-pocketed private owners have generally found ways to stay compliant on paper while still outspending their historical rivals by a wide margin, and heavy spending on transfers (see the most expensive transfers in football) keeps testing where those limits actually sit. That tension remains one of the more contentious topics in European football governance.

How We Ranked Them

This list is ordered by total club revenue for the 2024/25 season, as reported in the Deloitte Football Money League 2026 — the football industry’s standard revenue benchmark, published every January. Deloitte’s figures combine matchday, broadcast, and commercial income and are audited against clubs’ own financial filings, which is why they’re used here rather than market-value estimates, which vary widely between valuation firms and rely on more subjective assumptions about brand strength and future earning potential.